Investec Bank Mortgage as of February 2025
Apply for an Investec Bank Mortgage Loan, reviewed by our experts. As of 17.02.2025, you have access to loan options. Increase your chances of approval by completing an online application and getting a free credit rating check.
Update 04.11.2024
Investec Bank Mortgages: competitive rates and offers

Investec Bank provides tailored mortgage solutions for high-net-worth clients, offering options for first-time purchases, refinancing, and property investment. With competitive interest rates and flexible terms, Investec ensures a personalized experience through dedicated relationship managers, adapting mortgage plans to meet individual financial goals.

Types of Investec Mortgages

Key Features

  • Flexible Loan Structuring. Investec’s mortgage solutions offer tailored structuring options, enabling clients to select terms that best align with their financial objectives and cash flow needs, including both fixed and variable rate choices.

  • Extended Repayment Terms. Investec provides flexible repayment terms that allow clients to structure their payments over varying periods, offering the potential to reduce monthly obligations and manage expenses efficiently.

  • Personalized Credit Limits. Credit limits for mortgages are personalized based on the client’s financial profile, with unique offerings for high-net-worth individuals to accommodate larger loan amounts and diverse income sources.

  • Online and Mobile Management. Clients can manage their mortgage accounts through Investec’s secure online banking and mobile app, allowing them to view balances, schedule payments, and monitor account details at their convenience.

  • Home Equity Access. The revolving mortgage option allows clients to access funds from their home’s equity up to an approved limit, giving flexibility for future financial needs without the need to apply for additional loans.

  • Dedicated Private Banker Support. Each client receives support from a dedicated private banker, providing personalized service and expert advice throughout the mortgage process, ensuring alignment with long-term financial goals.

Pros and Cons

Pros

Cons 

How to Get Investec Mortgage?

  1. Assess Financial Readiness. Begin by reviewing your financial status, including income, expenses, and existing debts. Use Investec's affordability assessment tools to estimate what you can afford and align it with your goals, whether it’s purchasing a new home or refinancing.

  2. Choose Your Mortgage Product. Decide on the type of mortgage that best suits your needs, such as a private home loan or residential building bond. Each product comes with specific terms and benefits, so review the unique offerings to select the most appropriate option for your situation.

  3. Consult with an Investec Mortgage Specialist. Contact an Investec mortgage advisor, either through Investec’s website or by scheduling a phone consultation. The specialist will provide personalized advice, guide you through your options, and answer any questions about the application process or product details.

  4. Gather Required Documentation. Prepare the necessary documents, which include proof of identification (South African ID or passport for non-residents), proof of income (such as recent payslips or financial statements for self-employed applicants), and three months of bank statements. These documents are critical for verifying income and financial stability.

  5. Submit Pre-Approval Application. Apply for pre-approval to assess your eligibility and understand your purchasing power. This step can be initiated online through Investec’s banking portal or in consultation with your mortgage advisor, providing you with a clear indication of the loan amount for which you may qualify.

  6. Complete Full Mortgage Application. Once pre-approved, proceed with the full mortgage application by completing the online application form or working with an advisor. Ensure all information is accurate, as this will facilitate a smoother approval process.

  7. Undergo Credit and Affordability Assessment. Investec will conduct a comprehensive review of your creditworthiness, affordability, and any supporting documentation provided. This assessment ensures that the loan terms align with your financial capacity.

  8. Property Valuation. If approved, Investec arranges a property valuation to assess the market value, ensuring it aligns with the loan amount. The valuation safeguards both the client and the bank by ensuring the property’s value justifies the investment.

  9. Review and Sign Loan Agreement. Upon successful application and valuation, you will receive a detailed loan offer with terms and conditions. Review this offer thoroughly, sign the agreement, and return it to Investec to finalize the mortgage terms.

  10. Bond Registration and Transfer Process. Investec’s conveyancing attorney will assist with the bond registration process at the Deeds Office. You may need to sign additional documents as part of this legal process to ensure proper property transfer and mortgage registration.

  11. Finalize and Access Loan Funds. After registration, the loan is officially disbursed, and you can proceed with accessing funds or completing the property purchase. Investec will notify you once the mortgage is fully activated and ready for use.

Requirements and Conditions

Requirements

Conditions

Ways to Receive the Money

How to Repay Investec Mortgage?

Things to Pay Attention to

  • Interest Rate Type and Flexibility. Investec offers customized interest rates based on your credit profile, financial stability, and deposit size. Review how fixed and variable rates may impact your monthly payments and long-term costs. If you prefer predictability, a fixed rate might be more suitable, whereas a variable rate could offer savings if the interest rate environment is favorable.

  • Loan-to-Value (LTV) Ratio. Understand Investec's LTV requirements, as they can affect how much deposit you'll need to provide. For higher-value properties or for non-residents, LTV ratios might be stricter, requiring a more substantial deposit. Verify these details to plan your upfront costs accurately.

  • Mortgage Term Options. Investec offers terms up to 20 or 30 years, depending on the client profile and property type. A longer-term may lower monthly payments but increase the total interest paid over the loan's lifespan. Assess which term aligns with your financial goals, aiming for a shorter term if minimizing interest costs is a priority.

  • Monthly Payment Affordability. Evaluate your monthly budget to ensure mortgage payments fit comfortably within your income and expenses. Use Investec’s tools or consult with a specialist to calculate your monthly payments, including insurance and additional fees, to get a realistic view of your monthly obligations.

  • Eligibility for Attorney Fee Discounts. Investec offers a 40% discount on bond attorney fees if you manage your loan through an Investec Private Bank Account. Confirm your eligibility and the conditions to benefit from this cost-saving feature.

  • Credit Score and Financial Stability. Investec assesses applicants' creditworthiness to determine eligibility and interest rates. Ensure your credit report is accurate, and consider addressing any credit issues before applying to increase your chances of approval and secure better loan terms.

  • Prepayment and Additional Payment Options. If paying off your loan faster is a goal, inquire about Investec’s policies on lump-sum payments or increased monthly contributions. This can help reduce interest costs and shorten the loan term, providing financial flexibility in the long run.

Editorial Opinion

Investec Bank’s mortgages cater to high-net-worth individuals, offering tailored solutions for primary residences, investment properties, and refinancing with competitive, customized interest rates. Key advantages include flexible terms, the ability to make additional payments, and dedicated private banker support for a streamlined experience. It's ideal for affluent clients seeking personalized service.

Additional Resources

Sources

FAQ

What is the process for pre-approval on an Investec mortgage?

Are there any specific insurance requirements for an Investec mortgage?

Does Investec charge any monthly administration fees on home loans?

How can clients access additional funds from their mortgage?

Are there any discounts on legal fees associated with Investec mortgages?

04.11.2024
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Update 04.11.2024

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