Those in the market for a new property can now make use of the latest in mobile Internet technology, a new and convenient mobile Website (mobisite) developed by Absa Home Loans.
The mobisite gives customers quick and easy access to a range of features, including a live bond repayment calculator and an instant branch locator.
absahome.mobi is available to any user with a WAP-enable cellphone.
"Imagine visiting show houses on a Saturday morning, and wanting to get a quick picture of what your bond repayments would be for any particular property," says Luthando Vutula, managing executive of Absa Home Loans.
Absa's managing executive of Digital Channels, Christo Vrey, adds: "By simply pulling out your cellphone it is possible to calculate the mortgage repayment, find out where the nearest Absa branch is situated in order to speak directly to a consultant, or to instruct the bank to phone you back."
With the online repayment calculator, visitors can select a proposed bond amount and repayment period, to see what the monthly payments would be, and request that Absa's call centre phone back to discuss further.
Alternatively, users can simply SMS "afford" to 3HOME (34553), and follow the automated SMS prompts to receive a message showing what one's monthly repayment would be, giving customers an idea of a property's affordability.
Called 'First Contact', this service also allows customers to SMS "apply" to 3HOME (34553), to request a phone call from Absa that will assist with the application process.
"Given the accessibility and local penetration of cellphones, having a mobile interface into your bank for all home loans-related matters is a useful channel for many prospective home buyers," adds Vutula.
Vrey notes that mobile Web sites are now at a similar place to that of the Internet in the early 1990s, with the volumes of mobisites around the world growing rapidly, and more and more people accessing the Web from their cellphones.