FNB Home Loans

Life can change in the blink of an eye. Weather cannot be controlled, accidents happen and things come up that you could never anticipate. Don’t let these interfere with your home mortgage. Thanks to FNB Home Loans you don’t have to worry when the unexpected does happen. Future Choice is the answer that you have been looking for as it allows you to plan at each and every stage of life. Any First National Bank approved loan qualifies for this program so you can feel comfortable knowing you have nothing to worry about when life throws you a curve.

When you choose Future Choice from FNB Home Loans, all you need to do to protect yourself is to register a bond that is larger than the amount of your home loan. When something unexpected comes up, this amount can then be accessed to cover your needs. The equity you have built up can be used to improve your home, build on to it or just take the vacation you have always dreamed of. For those homes in which the value has not increased, this program may still be used if you will be increasing the value of the home with the funds. A application for the funds must be approved by the bank’s credit department.

There are many benefits to enrolling in Future Choice offered through FNB Home Loans. First and foremost, choosing this option saves you money in the future as legal fees will only be charged once on the bond amount you choose to register. Convenient and easy to use, you save time by only registering the home loan once while having access to additional cash when you need it most. This program offers long term security and yet your monthly payment doesn’t change until you choose to access the funds and will adjust based on how much you opt to withdraw so you can control the payment amount.

The monthly payment only changes when the Future Choice loan offered by FNB Home Loans is granted. This will be done each time you choose to take some money. You may be subject to a monthly administration fee so discuss this with your loan origination officer to ensure you understand how this fee will affect the payment. The cost to register your bond will be based on the bond amount you choose to register rather than what has been paid out so be aware of that also. Knowing the advantages and disadvantages of the program to ensure it is right for you.