Site url: https://www.momentum.co.za/momentum/business/employee-benefits/fundsatwork/housing-loan-guarantee
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Three girls sitting and eating popcorns on a couch with a blanket in a home bought with the help of FundsAtWork's housing loan guarantee.

Pension-backed home loans

We make it easier for FundsAtWork members to secure finance for a home loan with our pension-backed home loans. They can use the money to help them:

  • Buy a home.
  • Buy land to build their house.
  • Renovate their existing home.
  • Pay off an existing housing loan.
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Benefits of our pension-backed home loans

  • No bond registration costs.
  • No property assessment fees.
  • Quick and efficient application process.
  • Preferential interest rates.
  • Easy and hassle-free loan repayments.
  • Up-to-date benefit statements on momentum.co.za.

What you need to know about our pension-backed home loans

Before your employees can apply for a pension-backed home loan, you must complete the agreement with the bank.

What is the size of the loan? Depending on whether your employees belong to the Pension or Provident Fund, they can get a loan of up to 60% of their withdrawal benefit.
Can members afford the loan? Employees must be able to pay the monthly instalments and the banks will check if they can afford the loan.
How does repayment of the loan work? You will deduct the monthly repayments from your employees’ salaries and pay them over to the bank.

Want a brochure?

Download the housing loan
guarantees brochure.

Need advice?

Get one of our financial
advisers to call you back.

Contact FundsAtWork

General enquiries




Our call centre is open Monday to Friday from 08:00 to 16:30.

Smart Counsel





Our call centre is open Monday to Friday from 08:00 to 17:00.

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