Get into your new home faster with our home loans

Our team of expert staff can help you tailor a mortgage to suit your needs, whatever step of the property ladder you're on

CHOOSE THE TERMS THAT SUIT YOU

Up to 30 years, depending on your circumstances

YOU MAY BE ABLE TO BORROW MORE

As you reduce your home loan balance and/or the value of your property increases

SELECT FROM A RANGE OF INTEREST OPTIONS

Fixed or floating interest options and pay either principle and interest or interest only

Home Loan Rates

Rates valid as at Monday 5 December 2016

TermStandard Rates P.A.*Special Rates P.A**Low Equity Rates P.A***
Floating+5.54% 5.54%
6 months4.99%4.50%5.49%
12 months4.75%4.29%5.25%
18 months4.95%4.45%5.45%
24 months4.95%4.39%5.45%
36 months5.29%4.75%5.79%
48 months5.29%5.29%5.79%
60 months5.79%5.45%6.29%
Default interest Rate****
(Charged above the loan repayment account interest rate)
8.00%8.00%8.00%


Why choose SBS Bank?

New Zealand's Member Bank

With a solid history that's been serving its members for over 145 years

A DIVERSE RANGE OF PRODUCTS

We have a diverse range of products from insurance and home loans through to Investments & personal loans

WE ARE LOCAL

We have branches across New Zealand, Mobile Mortgage Managers (Auckland & Christchurch), a NZ based Contact Centre and online banking to service your needs

Apply online for a home loan

 

Start the home loan application process by providing the following information and one of our home loan specialists will contact you the next business day to discuss your borrowing needs.

Your information

Name
Location
Email
Contact Phone
Best time to call
Want to just talk to us?
Contact Me

Household

Annual Household Income
$
i.e $125,000
Number of borrowers
Number of adults
Number of dependants

Property Information

Purchase Price
$
Loan Amount (Purchase price less deposit)
$
Purchase Purpose
 
 

Loan Information

Loan Term (Years)
Interest Rate
Credit/Storecards/Overdrafts Total Limit
$

Insurance

(Insurance cover is arranged by Southsure Assurance Limited, a subsidiary of SBS Bank. A Southsure Insurance Adviser will be in touch shortly).

Maximum household lending

$

Min Property Purchase

$

Deposit Required

$ to $

Repayment Percentage of Income

Principal & Interest Repayments

Weekly
$
Fortnightly
$
Monthly
$

Please check the form

You can't apply until all fields are filled out and are valid

Apply Now
Something went wrong - We could not submit your details, please call us on 0800 502 442

*Rates are subject to change without notice. These rates can be booked with a $250 Booked Fixed Rate fee, terms and conditions may apply. These rates are only available for Residential and Residential Investing lending with a minimum of 20% equity (or greater when Residential Investing lending restrictions apply). Available to members with any level of existing lending with SBS Bank or requires new lending of at least $100,000. Not available with commercial or rural loans, or SBS Advance (Reverse Equity Mortgage) loans. Requires primary source of income paid into a SBS Bank transactional account and at least one SBS insurance product. SBS insurance products are arranged and managed by Southsure Assurance Limited, a subsidiary company of SBS Bank (Southland Building Society). Credit Criteria and Standard Contract Terms for Residential and Residential Investing Term Loans apply. Credit Fees and Charges may apply. Copies of our Standard Contract Terms for Residential and Residential Investing Term Loans and Credit Fees and Charges are available on request and free of charge from any branch of SBS Bank or at sbsbank.co.nz

** These rates are available for new Residential or Residential investing lending over $100,000 with a minimum of 20% equity or 40% equity for Residential Investing. You must have an SBS Bank transactional account receiving payment of your primary source of income and one SBS insurance product. These rates are not available with Welcome Home Loans, residential investing,SBS Advance (Reverse Equity Mortgage) for residential investing.

*** These rates are available for new Residential Lending with equity less than 20% or 40% equity for Residential Investing.

**** In the event of a default in payment on your loan and while the default continues you must pay interest at the Default Interest Rate on the overdue amount

 

 
A copy of the current Southland Building Society (SBS Bank) Disclosure Statement along with our Term Investment Terms & Conditions and QFE Adviser Disclosure Statement are available on request and free of charge from any branch or agency of SBS Bank or on this website
© Southland Building Society, 2016