Bondsource Mortgages is a premier Home Loan Bond Originating Company, which provides outstanding service and delivery to buyers of residential property who are looking for the best property finance deal possible. Bondsource negotiates preferential lending rates from a range of financial institutions, to get the best possible rate for clients. Bondsource Mortgages has a wealth of experience to draw on, with expertise in Banking, Finance, I.T. and Franchising. The company is situated in Umhlanga, Durban, close to the new Umhlanga Ridge business node.
Bond Originating
Bond Originating started in 1998, when finance companies started to facilitate Home Loans via the Internet. This would account for some R7 billion in Home Loan applications per month. Bond Originators earn their fees by way of commission from the banks. In the process of earning this payment, the Bond Originator gathers the required information on a comprehensive application, with all the supplementary documents needed for the transaction. The bond application is submitted to the banks via an electronic platform, of which Comcorp is the most popular by far.
Comcorp has an extremely sophisticated software package, which provides the essential interface between Bond Originators and Banks. The real value proposition of the Home Loan Originator lies in the choice of banking options provided to the customer, as well as the knowledge and expertise in submitting bond applications, to ensure that the applicant obtains the best property finance deal, as swiftly as possible.
Bondsource Services
Estate Agent Consulting
Agreements with various Estate Agents and Estate Agency companies.
Administration
Liaise with financial institutions, Banks and Attorneys. Computer sorftware tracks all transactions.
