CBS Canterbury’s own Advantage Home Loan allows you to borrow for any reason including buying or building a home, additions or alterations, refinancing, the purchase of motor vehicles, boats, caravans, household chattels, overseas trips or purchasing investment property.

Options:

• Choice of monthly, fortnightly or weekly instalments

• Table and/or Interest only options

• Terms up to 25 years

• Choice of fixed and floating interest rates

See our current Home Loan Interest Rates.

Please try our Home Loan Calculator.

At CBS Canterbury we pride ourselves on personal service.  We like to be able to meet with our clients and to be able to view the property we are lending on.  We prefer to lend to Cantabrians on Canterbury properties but will consider applications from people on properties outside of Canterbury when the applicant has had a prior relationship with CBS Canterbury.

To apply for a Home Loan please contact our Lending Team.  Staff will assist you to complete the application form.  Once all information is received, an answer will normally be available within 24 hours.

As a guide applicants will require a 10% - 20% deposit and servicing should not exceed 30% of gross income/s.  Applications outside of this criteria will be assessed individually.

Loan fees will be advised on application.

CBS Canterbury Home Loans are only available directly from CBS Canterbury.

Welcome Home Loan

CBS Canterbury is a New Zealand Housing Corporation lending provider for Welcome Home Loans

Welcome Home Loans give New Zealanders the opportunity to own there own home where there is a difficulty in getting the usual amount required for a deposit.

It is available subject to some special criteria but may be particularly suitable for first home buyers who are wanting to make the move from paying rent to home ownership.

Welcome Home Loan criteria applies to maximum household income, owner occupied properties only, amount borrowed, number of borrowers and lenders mortgage insurance requirements. CBS Canterbury’s interest rate and normal home loan criteria applies alongside the Welcome Home loan special criteria.

To find out more visit; www.welcomehomeloan.co.nz

Everyday Gold - Revolving Credit

As a Revolving Credit Account Everyday Gold combines your Home Loan, Cheque and ATM/Eftpos Cashcard and overdraft flexibility, all into one overall facility.

• Use the equity in your residential property to maximise your credit opportunities when and for whatever reason you wish.

• Credit is subject to a maximum of $100,000 and servicing criteria.

• Repayments are flexible within overall maximum limit.

•  Interest rate is cheaper than overdraft, Term Loan or Credit Card rates.