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100% Finance to selected buyers ?

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  • 100% Finance to selected buyers ?

    Is weekend at bernies hyper ventilating ?

    Or are there some 100% finance options out there at the moment in Auckland.

    http://www.interest.co.nz/opinion/62...and-house-pric

    "I’ve heard this week from mortgage brokers that banks are starting to offer 100% loans to selected buyers. Competition between the banks has intensified in the last three months since ANZ announced its integration of National bank customers. Lending figures from the banks’ General Disclosure Statements show ANZ and ASB are at it hammer and tongs in the mortgage market in Auckland. Kiwibank is also nagging away on the sidelines, as is BNZ."

  • #2
    I have a friend who is currently on a Student Fellowship wage at university while finishing his PHD, and his partner is a teacher at a primary school. They just got approved 100% finance for a place they're looking at buying in Dunedin from Westpac.

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    • #3
      Banks To Demand Bigger House Deposits

      http://nz.video.yahoo.com/finance/wa...ouse-deposits/

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      • #4
        It may have been a Welcome Home Loan that Westpac approved at 100%
        Craig PopeCraig Pope Mortgages & Insurance
        www.craigpope.co.nz

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