Mortgages

Superbank launches home loan product

Superbank launches its home loan product which will reward customers for loyalty by reducing the rate each year.

Monday, July 19th 2004

Superbank has launched a full range of home loan products and will step up promotion of its SuperAccess EFTPOS and cheque account in addition to its first product, Super Saver.

While it is offering a special launch rate of 7.29 per cent fixed for 21 months, unlike other lenders trying to challenge the supremacy of the major banks, Superbank isn't generally trying to beat the mainstream home lenders on price. But a significant feature of its offer is that it will reward existing customers, chopping 10 basis points off their interest rate for every year the customer stays up to a maximum 60 points.

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Unity First Home Buyer special 3.99
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.39
ANZ Special 4.49
Kiwibank Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
TSB Special 4.49
Westpac Special 4.49
BNZ - Std 4.49
Co-operative Bank - Owner Occ 4.49
TSB Special 4.49
Westpac Special 4.49
Wairarapa Building Society 4.59
SBS Bank Special 4.65
ANZ Special 4.65
ASB Bank 4.65
BNZ - Std 4.65
AIA - Go Home Loans 4.65
Kiwibank Special 4.69
Kainga Ora 4.75
Nelson Building Society 4.87
SBS Bank Special 4.99
Westpac Special 4.99
TSB Special 5.39
ICBC 5.39
BNZ - Std 5.39
AIA - Go Home Loans 5.39
ASB Bank 5.39
ANZ 5.49
Co-operative Bank - Owner Occ 5.49
Kainga Ora 5.49
SBS Bank 5.59
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
Heartland Bank - Online 5.45
Co-operative Bank - Owner Occ 5.70
Co-operative Bank - Standard 5.70
ANZ 5.89
TSB Special 5.94
ASB Bank 5.99
BNZ - Std 5.99
Westpac 6.09

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