select
|

PA GROUP'S ORIGINATION CONTRACTS RENEWED

PA GROUP'S ORIGINATION CONTRACTS RENEWED


Rudi Botha, CEO of the PA Group is pleased to announce that they have successfully renewed their bond origination contracts with all four major
banks in South Africa and that it is now business as usual for their origination business's Betterbond and Mortgage Alliance. The fact that
Standard Bank also re-signed our bond origination contract should enhance our volumes by at least 30% says Botha.


The announcement follows wide-spread media reports that banks are renegotiating home loan submission contracts and commission structures with
the various mortgage originators.


Commenting on the above, Rudi Botha says: "As the largest originator in South Africa, we are pleased that the banks support our value proposition in
the market place and that we can now proceed to secure the best deal for our customers."


Business as usual For the mortgage originator it's business as usual in the workplace. "We are working hard to exceed the service delivery requirements of banks, agents and consumers," adds Botha, stating that quality deals will differentiate the winners from the losers in turbulent times. This is a challenging task
in a credit crippled South Africa, seeing that mortgage originators are responsible for securing their clients the most suitable home loan solution.



This is done at no cost to the client whatsoever as bond originators take commission from the bank the client chooses to sign up with. All the more
reason for consumers to use bond originating services in difficult economic times - they know of all the products available at each bank and can
therefore secure a financially feasible deal by saving consumers lots of paperwork, money and time.



ISSUED BY GREEN GRAPES COMMUNICATIONS



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Feb 2018
      While most homes in cluster complexes, estates and other gated communities come with at least one garage or carport, residents would often like additional permanent parking or storage areas for things like trailers, bikes, boats and caravans.
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
    • 15 Feb 2018
      One positive consequence of the financial crash in 2008 was the rise in consumerism, especially in the property market, where buyers have steadily become more knowledgeable and more value conscious.
    • 15 Feb 2018
      While most homeowners will take the agent’s commission into consideration when they are trying to determine what the will get out from the sale of their property, many often forget to factor in the other costs involved in a home sale, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      The forecast for the national rental market in 2018 remains a mixed bag of good news and bad news. Although rentals are expected to rise slowly as the challenges of home affordability and tighter lending criteria tighten their grip, it’s a double-edged sword as the market also will come under increasing pressure from factors like declining disposable income levels.
    • 14 Feb 2018
      While you may not have intended to place your home on the market, what do you do if you receive an unexpected offer on your home? In areas where demand outweighs the current supply of homes available to buyers, it is not unheard of to have buyers make offers on homes that aren’t on the market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      If you are looking to sell your home this year, Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that there are five crucial things to do before the ‘for sale’ sign goes up.
    • 01 Feb 2018
      February is the month of love and to celebrate we will be posting about all the things we love this month. Follow the #MyPropertyLoves hashtag to keep up with our favourite things.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK