SA rates
Repo rate7.75%Prime11.25%Avg home loan11.8%-0.10Avg personal loan24.5%+0.25Inflation (CPI)4.4%-0.20ZAR / USDR18.42+0.08
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Bond pre-approval in South Africa: the complete guide

What banks check before approving your home loan — and exactly how to prepare for it.

Nomvula Khoza
By Nomvula Khoza · Property Finance Writer
06 May 2026
1 min read Editor reviewed
Bond pre-approval in South Africa: the complete guide
In this guide
  1. What lenders score
  2. Improve your score in 90 days
  3. Compare home loan rates

A bond pre-approval is more than a courtesy. It is the single biggest signal to a seller and an agent that your offer is real.

What lenders score

  • Net disposable income vs instalment
  • 6 months of bank statements
  • Credit score (Experian, TransUnion, XDS)
  • Existing debt commitments

Improve your score in 90 days

  1. Close inactive store accounts
  2. Settle revolving credit below 30% of limit
  3. Avoid new credit applications

Compare home loan rates

See our SA Home Loans vs Nedbank Home Loans breakdown for current prime spreads.

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