Mutual Life Africa Home Loans?
Buy or build from the ground up, A home you can call yours, wherever you call home.
Mutual Life Africa offers home loans to foreign nationals, expatriates, and local citizens across Africa.
Our home loans range from R100,000 up to R5 million and can be used to purchase, refinance, or renovate residential property.
Designed with flexibility and inclusivity in mind, our loans help you secure your dream home with tailored deposit requirements and competitive repayment terms.
Our Mission
Our mission is to provide easy access to home finance for foreign nationals, expats, and local citizens, promoting financial inclusion and homeownership through fast, affordable, and transparent mortgage lending solutions.
Simple, Fast & Home loans For Expats, Foreign Nationals & Locals
Our Clients
Mutual Life Africa home loans cater to:
- Foreign nationals and expatriates seeking to own property in Africa.
- Local citizens looking to buy, refinance, or renovate homes.
- Mutual Life Africa policyholders who benefit from reduced deposit requirements and personalized service.
- Applicants needing flexible terms and competitive financing options.
Qualifying Criteria
Mutual Life Africa provides flexible qualification pathways tailored to both policyholders and non-policyholders:
🔹 For Mutual Life Africa Policyholders:
- Must have an active Mutual Life Africa life or funeral policy.
- Deposit requirements range from 0% to 10% of the property value.
- Valid passport or national ID and proof of address.
- Proof of income or employment (minimum of 3 months’ payslips or bank statements).
- Proof of affordability through income vs. expenses assessment.
- Minimum age: 21 years.
- Joint applications are allowed for couples or co-owners.
🔹 For Non-Policyholders (Foreign Nationals, Expats & Locals):
- Valid passport (foreign nationals/expats) or national ID (locals).
- Proof of residence in Africa or work/stay permit (for expatriates).
- Deposit requirement of up to 50% depending on risk and credit assessment.
- 6 months’ bank statements or payslips showing income stability.
- Minimum age: 21 years.
- Clean or recoverable credit profile (impaired credit may attract stricter terms).
- May be required to take out mandatory credit life insurance and property insurance.
Frequently Asked Questions (FAQs)
Foreign nationals, expatriates, and local citizens residing or working in South Africa can apply, subject to deposit and eligibility criteria.
Yes. A deposit from 10% is typically required, but we do not require deposits for active policyholders.
Loans range from R100,000 up to R5 million.
Yes, loans can be used for home purchase, refinancing, or renovations.
Repayment terms can be extended up to 20 years, depending on the applicant’s profile and loan amount.
🏠 Mutual Life Africa Home Loan Calculator
Mutual Life Africa offers home loans of up to R5 Million to locals, foreign nationals, and expats.
🏘️ Our loans can be used for purchasing residential properties including free-standing homes, townhouses, apartments, and cluster homes.
🌍 Foreign nationals may be required to pay up to a 50% deposit.
💙 Mutual Life Africa policyholders enjoy reduced deposit requirements ranging from 0% to 10%.
Simple, Fast & Inclusive Loans for Expats, Foreign Nationals & Locals
Get the funds you need, when you need them — with Mutual Life Africa’s Personal Term Loan. Designed for foreign nationals, expats, and locals, we make borrowing simple, inclusive, and fast.
