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Let us help you with the complete package - house plan finance

Building a new home may be one of the most exciting experiences of your life.

Building requires making some important decisions. Decisions that will make the experience enjoyable and safer.

Choosing a builder you trust is the first and most important step. You will want to be assured the process of your building runs smoothly.

Building finance is an important part of your building experience. Not all building loans are equal.

NewBuild Home Finance, funding through Sovereign Home Loans (owned by ASB Bank) can simplify your building and reduce the financial stress that often accompanies building.

NewBuild will:

  • Allow low deposits (as low as 5% over the house and land) and in some instances, no deposit
  • Build in the construction interest costs so you can afford the finance through the building period (typical bank loans require you to make mortgage payments on the new loan while you are renting or paying another mortgage)
  • Build in extra funding just in case to cover owners care items and contingencies
  • Fully managed construction loan to make the building process less stressful
  • Bridging finance if you have a home to sell (so you don?t have to move twice)
  • Self employed (no evidence of income) finance with 20% deposit
  • Your loan has very competitive rates and terms

 

To see if you qualify click here

To contact a NewBuild representative near you click here

 

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