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Questions and Answers
What is the average loan limit size for Discovery Bank Home Loans?
What is the average loan limit size for Discovery Bank Home Loans?
- R1 million
- R63,000
- R1.7 million (correct)
- R47,000
How long is the average pay off period for existing home loans according to the text?
How long is the average pay off period for existing home loans according to the text?
- 16 years
- 4 years
- 12 years
- 10+ years (correct)
What percentage of clients are currently overpriced on their existing home loans?
What percentage of clients are currently overpriced on their existing home loans?
- 30%
- 25%
- 2%
- 35% (correct)
What is the total limit for secured loans in the Discovery Bank lending suite?
What is the total limit for secured loans in the Discovery Bank lending suite?
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What is the average balance held by Discovery Bank clients with other financial providers?
What is the average balance held by Discovery Bank clients with other financial providers?
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What is the average client age at origination for a Discovery Bank Home Loan?
What is the average client age at origination for a Discovery Bank Home Loan?
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How much have existing Discovery Bank clients hold in home loan balances with other providers?
How much have existing Discovery Bank clients hold in home loan balances with other providers?
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