NJ
Nomonde J

1 reviews | Active since Feb 2026

10 Apr 2026, 13:10

Misled by home loan shortfalls division

I app**** for a Shortfall Loan when selling my house. FNB approved a loan of about R179 914.81 @zero rate over 60months where I had to pay a fixed instalment of R2 998.58. House registered on the buyer on 11 March 2025, the home loan so the shortall was R134 000 upon registration. FNB did not immediately close the home loan I was then debited R14 409.40 on the 25th of March where an interest of over R6400 was charged yet I was advised I won’t pay any interest. When I noticed this I called Mpinane Mokoatsi who was allocated to this case and she assured me that the interest charged after the house registered on the buyer will be reversed and go towards reducing shortfall loan when FNB eventually opens that shortfall account and a new debit instalment will be calculated accordingly. With this information I was expecting my shortfall loan balance to be R119 590.60 (R134 000 – R14 409.40) . I see FNB has finally opened shortfall loan account today BUT interest charged in March was not reversed so it did not go towards the reducing the shortfall as communicated so instead of having a shortfall balance of R119 590.60 I have a loan balance of R126 785 and in addition to that instead of paying R2 998.58 on the 25th, FNB kept the instalment at R14 409.40 how will I be able to afford this payment when I no longer receive rent from that property and have to pay rent where I’m currently based? Why did FNB make me sign all those documents if they knew they were not going to honour agreement.

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Replies (2)
NJ
Nomonde J's update10 Apr 2026, 13:12
Reviewer Update
Sorry I meant registered on 11 March 2026
NJ
Nomonde J's update14 Apr 2026, 11:44
Reviewer Update
Can FNB advise who is allocated to this matter as this needs to be resolved before the 25th of April, before the debit order goes through. Yesterday your one of your employee called me I advised him I couldn’t speak as I was coming from a client visit and with 3 other colleagues in the car so I couldn’t speak. I kindly asked him to contact me at 15:30 as I was on a 2hours drive. He was rude told me by 15:30 he would have knocked off. I told him I can’t talk about this in a car with all the colleagues in here and he went on and on without getting facts right I asked him to come back read my complaint then call. He asked if he could call today I said yes you can call at anytime guy was like “I’m up and working from 05:30, that anytime of yours won’t work, be specific unless if it’s fine that I call you at 05:30” I told him to call at 07:30 then, it’s now 11:45 and still no communication