It is that time of the year. Are you worried about your children’s school fees and associated incidentals thereof as the year begins?
Do you have a bond with Swaziland Building Society (SBS)?
If the above applies to you, then SBS has a tailor-made solution to assist you with paying for your children’s education and other expenses. The solution is known as Home Loan Re-Advance.
Home Loan Re-Advance is one of the most effective ways to acquire cash, reduce monthly expenditure and improve your financial position.
SBS Senior Mortgages Officer Phindokuhle Dlamini says customers are welcome to secure re-advance against their properties to release some funds that could be used to pay for important expenses such as education.
She said this product has benefitted a lot of their customers and brings the necessary relief from financial pressures.
Dlamini further said there is no need for customers to worry about school fees and other expenses at the beginning of the year when such a product is available to cater for that.
When you refinance your home, you are securing a new mortgage loan using your property based on its current value and not on the value it was when you initially bought it. This would allow you to access cash that you can use to pay for important obligations such as school fees.
Terms and conditions apply.
To access refinance, contact SBS at 24041313 or info@sbs.co.sz
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