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Is new zealand home loans???...

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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=20349
Printed Date: 05 October 2025 at 1:16pm
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Topic: Is new zealand home loans???...
Posted By: BaAsKa
Subject: Is new zealand home loans???...
Date Posted: 24 August 2008 at 9:09pm
a seperate bank???

like say if i want to get a loan from them can i just go straight through them or do i have to go through i bank suhc as SBS or kiwibank that do the NZHL????



Replies:
Posted By: mummy_becks
Date Posted: 24 August 2008 at 9:20pm

I think from what I know NZHL gets you the mortgage from somewhere.



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Posted By: BaAsKa
Date Posted: 24 August 2008 at 9:23pm
i just found their website and i think im getting NZHL confussed with WHL (welcome home loans!)

Im looking at all the banks that do no deposit and i thought they did what nop!


Posted By: LizzyJ
Date Posted: 25 August 2008 at 7:51am
Hi NZHL is a affiliate of ASB they are owned by Soverign however.

We have a NZHL morgage and love it, DH's mum's cousin owns the wellington franchise. They have been great and we are saving hundereds a month on interest.

They are not a mortgage broker (who goes to all the banks) hey are a provider. Esentially its a standard 25 year mortgage but it runs like revolving credit enabling you to pay off faster and decrease your interest and if something comes up you just add it on without having to refinance (revolving credit bit), and if you just make the minimum payments then you have apid it off in 25 years.

Its good for people who are good at managing money or have extra disposable income.


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Posted By: Shorty
Date Posted: 25 August 2008 at 11:31am
NZHL is also affiliated with Kiwibank.
We re financed with them this year and it is through Kiwibank.
We have reduced our loan from 25 years to 13 years with just changing the way we manage our money.

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Posted By: MrsMojo
Date Posted: 25 August 2008 at 11:50am
I'm pretty sure NZHL is a mortgage broker, they will arrange finance for you finding you the best deal to suit you.

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