ooba

What is ooba?

ooba is the new name for the bond originating company previously known as MortgageSA. Whether or not the name change is worth either the thought (one assumes) or the money that is going into the change, or whether the widespread mirth that the name change has caused is justified, the point is moot - ooba it is. Although as more than one wag has pointed out, one could be forgiven for thinking that this is a new discount airline.

ooba has wasted no time in its rebranding, with a brand new website rolled out immediately. There prospective clients can find out all there is to know about the company`s products, as well as find the perfect home using its property search. There is an online application process for all products, as well as a call back request service.

What hasn`t changed it that the company is still the country`s foremost home loan originator, with research showing that fully a fifth of all home buyers in South Africa have sourced their home loans through (the now) ooba.

What does ooba offer?

The company`s primary products are home loan (mortgage) origination, home and vehicle insurance, financial planning and a credit card service. The bond, or home finance product, is the same service that was always offered by this company. Like most similar entities, ooba will source the most suitable and affordable bond for you, canvassing all the local home loan providers. Instead of you having to go to each one separately, ooba will do this for you. This includes first time home loans and further loans for things like renovations.

On the insurance side, ooba offers oobainsure, to cover your home and its contents, as well as your vehicle. With the change in name has come a new comprehensive building insurance plan as well. There is also home loan debt protection on offer.

This product selection makes ooba an all-in-one provider for home loan customers. You can use one company to apply for your loan with many different credit providers, receive recommendations on which provider will best suit your needs, source home insurance, and be guided through the entire process - all through a single company.

There is a highly sophisticated processing centre, staffed by experienced consultants, to ensure efficient service, and eliminate unnecessary paperwork and time wasting.

Other services from ooba

ooba has also joined the slew of companies now offering a credit card facility, which includes discounts on products and services that you use it to pay for. There is a special focus on home related services and products, in keeping with the company`s primary business.

So don`t be put off by the new name - the same quality is still there, with some extra reasons to use ooba for your home loan and insurance requirements.

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8/31/2009 12:19:31 PM