About Ooba
Ooba is a home loan origination service that helps South Africans secure the best possible bond by getting multiple banks to quote on a single application, so buyers get the best rate. The company works with all the leading banks, including ABSA, First National Bank, Nedbank, Standard Bank, Investec, Housing Investment Partners and Sentinel Homes.
The service is completely free, with zero obligation — and applying through ooba means you are more likely to get your home loan approved than by just applying to your own bank.
Core services include:
- Bond pre-approval — a pre-approved certificate that establishes your credit rating and gives an accurate indication of how much you can afford; 85% of applications with a pre-approval certificate are approved
- Home loan applications — one application form submitted to multiple banks, including your own
- Quote comparison — multiple bank quotes presented side by side so you can choose the best deal
- Rate negotiation — ooba negotiates rates and terms on your behalf where necessary
- Zero-deposit bonds — assistance securing 100% loans, which all major banks offer subject to qualifying criteria
- Affordability and credit tools — free online calculators and credit score checks