*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