Young Professionals Home Loans

Silent Partners is pleased to announce the launch of ABSA’s Young Professionals Home Loan proposition where First Time Home buyers up to the age of 35 can apply for up to 105% bond with a maximum purchase price of R1 500 000. The proposition is open to Young Professionals with any 4 year degree at NQF level 8 or higher i.e. (honors).

The ABSA Home Loan strategy is focused on growth in the First Time Home Buyer market and as a sub-segment of this, the Young Professionals market presents a key market opportunity.

The Proposition:

  • A Loan to Value (LTV) of up to 105% i.e. 100% LTV to cover purchase price capped at R1.5million and up to an additional 5% to cover bond transfer and registration costs
  • 30% discount on attorney bond registration costs through a ring-fenced panel of Absa attorneys
  • Attorney convenience i.e. the Attorney will visit the customer at a date, time and place convenient for the customer to sign all home loan documents
  • A digital TakeAlot voucher of R5000 for the first 415 registrations, delivered post registration of the mortgage bond and redeemed online on the TakeALot website. (Limited offer)*

Qualifying Criteria:

  • Less than and equal to 35 years of age
  • NQF 8 and Higher i.e. Honours Degree – copy of the customers qualification to be submitted at application with other minimum home loan supporting documents
  • Maximum Purchase price R1 500 000
  • First Time Home Buyer

Compulsory Requirements:

  • FlexiReserve advance payment option will only be available once the Loan to Value (LTV) is ≤ 100%, if the customer receives above 100% bond
  • The maximum loan term for this proposition is 20-years

TakeAlot Voucher: Limited Offer*

  • The first 415 clients to have their Absa bonds registered will receive a TakeALot voucher to the value of R5 000 (including VAT).
  • The customer will receive the TakeALot voucher via e-mail to redeem online post the home loan being registered.  This will be e-mailed to the customer after the home loan registration.  The TakeAlot terms and conditions are available at
  • The vouchers will be valid for 3 (three) years from the date of issue
  • Vouchers cannot be converted to cash
  • Voucher is only redeemable online via the TakeALot website
  • The TakeALot voucher will be e-mailed to the customer within 30-calendar days after registration of the mortgage bond.
Speak to Silent Partners to get pre-qualified free of charge.

Brian Woodland – 071 173 3722

Gary Christy – 071 370 5250   

Ruben Manikam – 083 265 6743