SA Home Loans invites South African unemployed youth to apply for Learnership Programme 2024 / 2025.
Application Ending Date: 29 November 2024
Placement: South Africa
SA Home Loans has an amazing opportunity for a Learnership. We are looking for Learners to join our Westville branch. Selected learners will have an opportunity to obtain a NQF SETA recognized qualification supported by real work experience in our Westville branch where they will engage telephonically or on the field with our clients to assist and educate them in their home ownership journey.
Requirements:
- Have a Grade 12 / Matric qualification
- Currently unemployed
- Must be confident, a great communicator and eager to learn
Advantageous:
Call centre experience and proficiency in one or more of the following languages: isiZulu, English, Afrikaans, seSotho, tshiVenda and Xitsonga
NB. Applicants with disabilities are also encouraged to apply.
Location : Westville, South Africa
Closing date: 14 November 2024
How to Apply
To Apply, please attach your CV and Matric Certificate with your application and email it to: careers@sahomeloans.com
SA Home Loans
history & funding model
The launch of SA Home Loans to the South African public in February 1999 came at the perfect time. Interest rates were at an all-time high of 23.5% at a time where saving money was top of mind for cash-strapped South Africans. True to our promise, we introduced a dramatically discounted rate of 19.6%, offering consumers a compelling alternative. This meant that more South Africans could have access to home finance.
By 2001 competitors had begun to take SA Home Loans seriously, defending their shrinking market share by reducing their rates considerably. This created a healthy, competitive home loan financing environment from which buyers are still benefiting.
In 2001, SA Home Loans pioneered a new way of funding home financing in South Africa, by linking clients directly to the capital markets, find out more here.
Breaking property funding conventions
Historically banks have provided the majority of home loan finance in South Africa. They secure funding from the wholesale money and capital markets, which they lend to home buyers against the security of a mortgage bond. For the first time in South Africa an alternative method of funding was developed to bypass the banks and link borrowers directly to the capital markets. This approach is called “securitisation”, a globally established way of funding mortgages.
SAHL has launched and serviced eleven Residential Mortgage Backed Security (“RMBS”) term funding structures, and the creditworthiness of each is fully evaluated by independent rating agencies.
No risk for Homeowners
Properties are registered in the client’s name and are therefore legally owned by the client. The securitisation loan pools are housed in a special purpose vehicle that is ring-fenced and insolvency remote – creating no risk for homeowners.
