RMB
- Personalised Home Loans
- Flexible Repayment Options
- Competitive Interest Rates
In-page navigation
[Accessed May 11, 2023]
About RMB
RMB has entered the home loan market to provide you with an innovative and expert approach to owning the property of your dreams.
They consist of a team of expert advisors and private bankers. Together they aim to assist you with the best wealth management advice on the market.
Who is RMB?
They're a team that’s highly focused on providing you with legacy and wealth management services. They have a unique understanding of the financial sector and use this to help you prosper. They employ only the best in the industry to assist you with the management, protection, and growth of your wealth.
RMB Private Bank’s philosophy
Like many successful companies, RMB has a philosophical approach to conducting business. They’ve combined their traditional values with the innovation of today’s trending ideas. This allows them to offer you financial solutions that are tailored to your specific needs.
As a division of FirstRand, RMB is a fully amalgamated South African finance group. They offer you services in a wide selection of financial service solutions through their ownership of many companies in the finance sector.
RMB is committed to your financial well being
As previously stated, RMB has a private banker that will assess your financial situation and offer you innovative new ways to manage your money more efficiently. They’re dedicated to establishing your financial difficulties and working on solutions that are tailored to your needs.
What is a private banker?
A private banker is a highly qualified and experienced financial manager that helps you understand your money better.
A private banker usually works with an expert team that helps him/her to help you understand how to build a solid and prosperous financial future.
RMB Services
RMB offers you a comprehensive banking experience. Everything from daily banking to stock brokering. As an added bonus, you’ll enjoy access to a range of benefits and rewards that are only available to RMB customers.
RMB offers attractive home loans
If you’re ready to start your journey to home ownership, RMB can offer you a tailored home loan. Owning property is a good investment and they’re dedicated to assisting you with the necessary guidance and funding to make your realty dreams come true.
What you can expect with an RMB home loan
If you’ve got your heart on your dream home and need R1,000,000 to purchase your home, your bond would be estimated at:
- Home loan amount – R1 million
- Interest rate – 9%
- Loan term – 240 months
- Transfer costs – R22,865
- Bond costs – R22,870
- Service fees – R16,560
Thus, the total home loan amount will be R1 million. The total amount of interest, costs, and fees will add up to R1,166,341.82 giving you a total loan repayment amount of R2,188,939.32. Your monthly instalment will be an estimated R9,120.58.
RMB offers you a home loan calculator
RMB offers you a bond calculator. They believe that the most responsible choices are made when you have a good idea of what you can afford. With this calculator, you can see your affordability and your estimated repayment amount.
These estimates include transfer fees, bond costs and the interest repayable on your home loan. Making sure that you apply for financing that you can afford enables you to manage your money better.
RMB – Home Loan
- Loan Type Home Loans
Benefits of RMB
- Competitive interest rates
- Affordable home loan repayment term
- Simple online application
Securing bond approval with RMB
Before you apply for your loan application, there are a few important things to know. The first is to have all the necessary documentation on hand.
Documents to apply for an RMB home loan
- A completed application form
- A copy of your signed offer to purchase
- Your South African ID document/Smart card
- Proof of your address that’s no older than 3 months
- A letter of employment/payslips
- A signed statement listing all the assets and liabilities you currently have
- The last three months’ bank statements
What happens next?
Once you have all of the above documents in order, you’re ready to start your loan application. RMB makes the entire process hassle-free and your loan is handled professionally. You’ll be assigned a bond expert that will be with you every step of the way.
The typical process of purchasing property
- Getting pre-approval is beneficial when purchasing a home. This indicates seriousness to buy to the seller that you’re serious about buying a home.
- With your pre-approval in hand, you can now start searching for the home of your dreams. You now have a clear indication of your affordability. As soon as you’ve found the home you like you can put in an offer to purchase.
- You’re now ready to apply for the funding you need.
- When your bond is finalised and all the paperwork, transfers, and registration of the property have taken place, you’re the proud new owner of your home.
Why is a home loan from RMB a good choice?
- Fixed, variable, or tiered interest rates
- Your financial well-being is their priority
- They're a trustworthy lender
- A vast range of benefits and rewards are offered
- Home loan calculator
Let RMB make your property dreams come true
Buying a property for the first time can be an overwhelming process. Getting a trusted lender like RMB on board can simplify the process. They know and understand the property industry well and can assist you with everything you need to make a well-informed property purchase.
RMB Contact
Contact Number
Website
Physical Address
- No 5 Merchant Place, 9 Fredman Drive, Sandton Johannesburg 2196 South Africa
- Get Directions
Postal Address
- PO Box 785611, Sandton, Johannesburg, 2146, 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