How do I apply for a home loan?

What you need to know

If you are getting ready to buy a home, the first thing you want to do is to have all the required documents ready to apply for a home loan - this will allow the process to go much quicker. It is worth noting that there are standard documents you require, but depending on your lender and purchasing method you might require additional documentation.

There is nothing quite as exciting as buying a home and while taking this big step can feel daunting when you look at all the paperwork involved, having all your documents ready will not only take away some of the stress, it will also help smooth over the process.

Here is a run-down of the documents you will need for a home loan application.

Documents you require for all applications

• Your Namibian identity document/valid Namibian passport
• Proof of residence (i.e. a copy of your most recent municipal account, not older than 3 months)
• If married: a marriage certificate and antenuptial contract (if applicable)
• If divorced: a divorce order together with the settlement agreement
• If widowed: a death certificate
• Proof of income (latest payslip/latest financial statements)
• If banking with another bank: 3 payslips and 6 months bank statements
• Deed of sale of property