Additional finance when you need it

Require more finance or access to cash? When the need arises for renovations, additional properties or a big expense, these options can offer the funds you require.

Get in touch

Accessing funds

Readvance

Withdraw funds from your existing home loan easily. Access the difference between your original loan amount and outstanding balance.

Flexi Option

Lower interest payment by making additional repayments into the home loan. Get 24/7 electronic access to funds via digital channels.

Unbonded property

Use your home as security to finance your needs. An unbonded property can be refinanced with FNB when you require access to funds.

Future Use

Register a bond greater than the home loan amount you require, creating a surplus amount that you can access at a later stage.

How to apply for a Readvance

You may apply for this benefit through the FNB App, or call 087 730 1144.

More about accessing funds

Readvance

Minimum application amount of R15,000 permitted
You will need a transactional account in the name of one of the bondholders
It is a requirement to pay your home loan by debit order or salary stop order
Your home loan will need to be on variable rate options at the time of applying for a Readvance
A credit assessment will be conducted and your home loan interest rate and pricing may be affected

Flexi Option

24/7 electronic access to funds via digital channels (FNB App or Online Banking)
Free notifications when transacting
Earn points that contribute towards the eBucks reward level when Prepaid funds are utilised

Unbonded property

An initiation fee will be applicable, and your home loan will be priced accordingly
It is a requirement to pay your home loan by debit order or salary stop order
You may avail of a value proposition if FNB grants such on this offering at the time of application
You must be in possession of an original Title Deed which contains the customer's details to qualify for this offering
The bank will not be liable for any costs associated with recovering or replacing an original Title Deed, these costs will be for the customer's account
You must apply for and have a mortgage bond registered for a minimum amount of R200,000

Unbonded property — Do I qualify?

The unbonded product offering is not available to:

Juristic entities which are trading
Applications for vacant land financing
Applications for properties not intended for residential use
Customers who have a loan product with the bank that is subject to a debt review consent order or a debit review restructuring payment plan
Foreign national or non-resident customers

Future Use

Apply for this amount only after the property's value has increased, either through market growth or improvements to the property
Monthly repayments will be calculated based on the total loan amount and adjusted with each Future Use payout
Minimum application amount is R35,000
Home loan payments must be made via debit order or salary stop order
A credit assessment will be conducted, which may affect your home loan interest rate and pricing
If the Future Use portion is already registered, there will be no additional registration costs

Get in touch

Speak to our Home Loans team to find out which option suits your needs.

How to get in touch

Call us on 087 730 1144

Find your nearest branch