Spring brings warmer weather and with more properties on the market, it’s a sunnier outlook for those looking to buy. Once again Kiwibank is offering a 1% cash contribution, up to $10,000 on new home loans of minimum $300,000 with at least 20% equity.
Senior Product Manager for Home Lending at Kiwibank Pip Maxwell said this offer makes settling in a little easier for home buyers.
“We last did this offer in June, which proved to be popular with customers, so this cash offer is back to continue helping more Kiwi achieve their home ownership goals. As living costs continue to rise, it’s great to put money back in the pockets of Kiwi who are either buying a home or may be using our refinance package to switch over.”
Two new interactive digital home loan tools have also been added to our suite of home loan calculators, giving customers a total of four tools to support them on their home buying journey. Next home calculator and Borrow more calculator support customers to understand what’s involved in different scenarios they’re considering.
The spring 1% cash contribution offer is available online, over the phone or by visiting a Kiwibank branch as well as through partnership channels including mortgage advisers and NZHL, who can make the offer to new clients or those wanting to refinance.
The cash contribution offer is available for new Kiwibank home loan applications applied for from 5 September 2022 to 25 September 2022 and is conditional on meeting certain conditions.
More information and terms and conditions on the offer can be found on Kiwibank’s cash contribution page.