SA Home Loans

SA Home Loans is a mortgage finance company in South Africa. It was founded in February 1999 in Durban, South Africa. It is headquartered in Durban. Its services cover origination and credit approval through to registration and ongoing loan servicing.

SA Home Loans is a non-traditional (i.e. non-bank) home loans provider that has played a pioneering role in creating a more diverse financial infrastructure in South Africa (SA). From a modest start-up operation opening for business in 1999, SA Home Loans (Pty) Ltd (SAHL) has flourished in the midst of powerfully entrenched competition and global financial turmoil. It has become SA’s 5th largest – and largest non-bank – mortgage (home loan) provider. After 14 years it is solidly established with a strong and recognisable local brand, 190 000 clients, and services its own sizable mortgage portfolio – having originated in excess of R95 billion (approx. US$9 billion) since inception. As a non-bank home finance provider, SAHL pioneered new practices in SA for raising funding from the markets to fund its loan portfolios (securitisation). As a specialist loan servicer, its lending operations cover the full spectrum of home financing: from its own sales force for origination and in-house credit structures, through to ongoing client and loan servicing. Mortgage lending hence can no longer be seen as the sole preserve of Banks.