Rating based on 11 reviews


  • Get Pre-approved Online
  • Low-interest starting from 7.25%
  • Repayment up to 30 years

In-page navigation

Ooba homepage
Author Ooba. Screenshot of Ooba website.
[Accessed May 11, 2023]

About Ooba

Formerly known as MortgageSA, Ooba’s a bond originator offering a wide range of solutions to homebuyers. Ooba specialises in assisting you to finance and insure your new home.

Ooba is a privately held company headquartered in Cape Town in the Western Cape and was founded in 1999. They currently employ more than 475 staff members.

A trusted name in the bond originator industry

Ooba was established with a vision in mind. This vision was to change the way home loans work to enable more South Africans to achieve the goal of home ownership.

They’ve worked hard and stayed passionate and true to their vision and have so-doing become a household name in the bond originator business.

Ooba’s rankings

When it comes to home loans, Ooba is more likely to secure your home loan than your bank is, making them one of South Africa’s leading bond originators.

Ooba is proudly ranked as the number one financial services provider on the popular Hello Peter website. The service you’ll receive from Ooba is free and you’re under no obligation to make use of their services.

What does a bond originator do?

Simply put, a bond originator acts as a line of communication between you and all possible lenders. They assist you to get a deal on your home loan that you’d not be able to negotiate on your own.

They compile and present your home loan on your behalf. This saves you time and money while taking the stress of applying for a home loan, from you.

Ooba Services

Ooba works in partnership with, amongst others, ABSA, FNB, Nedbank, and Standard Bank, as a bond originator. This means that they offer you a comprehensive service when you’re in the market to purchase a home.

They handle everything about your home loan on your behalf by negotiating the best deals for you. The trusted and well-established relationships they have with these partners enable them to negotiate competitive deals on your behalf.

What is Ooba’s role?

Part of Ooba’s role is to assist you with completing your home loan application form which is subsequently submitted to all banks. They’ll then present you with multiple quotes that you can compare to make the best choice.

Whenever necessary, Ooba will negotiate interest rates and repayment terms and assist you in securing a zero-deposit home loan when needed.

Ooba’s bond repayment calculator

Ooba is passionate about assisting South Africans to own their own homes and has some useful tools you can utilise to assist you in making an informed decision. The bond calculator will enable you to see what your borrowing power will be.

They’ve made many calculators available to help you maintain good financial health when purchasing your home, namely:

  • Repayment calculator – See what you can qualify for
  • Transfer cost calculator – Find out what you’ll repay monthly
  • Extra payments calculator – Calculate the costs involved
  • Deposit savings calculator – See how much you save with extra payments
  • Amortisation calculator – Work out how your payments are shaped

Ooba – Bond Originator

  • Loan Type Bond Origination
  • Interest Rate from 7.25%
  • Repayment 5 years to 30 years

Benefits of Ooba

  • Get multiple quotes
  • Make quick comparisons
  • Calculate your repayments online
  • Check your credit score

How Ooba helps you achieve your goals

Before you get started, make sure you have your supporting documents on hand.

Supporting documents required

  • A copy of your offer to purchase
  • South African ID/smartcard
  • Your latest payslip
  • If you’ve earned commission/overtime, the last 6 months’ payslips
  • Last 3 months’ bank statements

In the case of self-employment, the following documents are required:

  • A copy of your offer to purchase
  • South African ID/smartcard
  • Accountant/Auditor confirmed income
  • Signed audited financial statements or management accounts for the last 2 years
  • ITA34
  • Personal and business bank statements for the last 6 months
  • Signed statement of personal assets and liabilities

Get a pre-approved home loan

Getting a pre-approved home loan can be beneficial in many different ways. Ooba offers you two ways of obtaining pre-approval. You can utilise the online bond calculator on Ooba’s website or you may call Ooba and speak to an expert for pre-approval.

The self-help option will allow you to check your credit score and in a few minutes, indicate to you what your borrowing power will be.

Your Ooba home loan explained in 7 easy steps

  1. The first step is to complete your home loan application online. Include all and any financial information relevant to the purchase of your home. The application will be signed electronically
  2. You’ll upload the supporting documents online, with no need for branch visits, faxes, or emails.
  3. You’ll be assigned a home loan consultant who’ll handle everything related to your bond on your behalf. Rest assured that your consultant is available anytime to answer any questions you might have.
  4. This is the step where your Ooba bond originator starts processing your application to ensure it is properly presented to the relevant institutions. A well-presented application guarantees a successful result.
  5. The application is now submitted to up to nine different banking institutions, including your bank.
  6. Once the quotes are received, your Ooba consultant will present you with all quotes. You can now compare them with each other to make the best decision.
  7. Should you require negotiated terms and rates, Ooba’s dedicated professionals will be available to do this on your behalf.

Why using a bond originator is better

  • Trustworthy and reliable
  • Appeal and negotiate better terms and rates
  • Complete and apply on your behalf
  • Compare multiple quotes
  • Can help secure 0 deposit home loans
  • Online application
  • Multiple tools to assist you
  • Give pre-approval

Let Ooba help you to secure your dream home today

Many South Africans have trusted Ooba to assist them in securing the best deals on home loans. Their number

one ranking on Hello Peter is a good indication of the success they’ve achieved over the years.

They can assist you to secure the home of your dreams too if you choose to partner with them. Trust South Africa’s leading bond originator to make your property purchase hassle-free and get you the best deal available.

Ooba Contact

Contact Number


  • not available


Physical Address

  • 33 Bree St, Cape Town City Centre Cape Town Western Cape 8000 South Africa
  • Get Directions

Postal Address

  • PO Box 1535, Cape Town, 8000, South Africa

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed