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BMW Finance Home Loans |
10 May 2012 Looking for a home loan? Be sure to check whether BMW Finance Home Loans (yes, the motor vehicle manufacturer) can offer you a better deal. An investigation by Finweek found that:
BMW Finance provided "better service, a more competitive interest rate & lower administrative costs than any of SA's big 4 banks."
"FNB was the only bank that came close to providing a deal that competed with that of BMW Finance. However, the bank's initiation fees were higher & you are required to open a primary bank account with it."
With the onerous requirements of Basel III on banks, I'm not surprised that we're seeing non-bank players becoming more prominent in the SA home loan market, and I expect this to continue.
To apply for a BMW Finance home loan download & fill in their home loan application form, and send it back to them with supporting documentation.
Phone |
Fax |
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0861 BMW FIN (269 346) |
012 564 7621 |
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