Things to know before you apply for a building loan

Are you a South African resident over the age of 18?

Do you have a single or joint income of at least R10,000 a month?

Are you self-employed, or have a permanent or fixed-term contract?

Do you know if you have a good credit score?

Documents you'll need

A valid South African ID or passport
Building plans approved by the municipality
A copy of the offer to purchase or sale agreement (if applicable)
A building schedule with the relevant costs
Your latest payslip or other proof of income
Your latest bank statements for the past 3 months
A building contract between you and your chosen contractors
The builder’s all-risk policy, NHBRC registration and enrolment certificates

Where there is more that one applicant, each will need to submit their own documents.

Why choose a building loan with us?

  • You could get a home loan of up to 100% of the property value.
  • First-time homebuyers could get a loan of up to 105%* to build property that is valued between R100 000 and R1,8 million. Nedbank Private Clients could get a home loan of up to R2,5 million. Use the extra money to pay for bond and transfer costs.
  • Get up to 50% off on your bond registration fees.
  • Enjoy a preferential interest rate on your home loan if you bank with us or switch your main bank account to Nedbank.*



How would you like to apply?

You may be eligible for extra benefits based on your income and how you choose to apply.

Apply online

Get your credit and affordability check. It’s quick, easy and paperless.



Apply through our Contact Centre

Get a call back or call us on 0800 555 111. 



Apply at a branch

Earn under R32,000p/m? Get up to R5,000 back and 50% off bond registration fees.*


Apply on the Money app

Get your credit and affordability check. It's quick, easy and paperless.