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Kiwibank Announces Special Package For Christchurch
Kiwibank Announces Special Package For Christchurch
Kiwibank has today announced a special home loan package for people affected by the earthquakes in Christchurch and eligible for the Government’s red zone assistance.
The bank will provide mortgage lending at a 2 per cent discount on its floating rate (presently 5.65%) for a year from draw down.
The loan package is available for those who accept the offer from the Government and wish to purchase or build a property elsewhere. They will be required to contribute the Government’s payout towards the property purchase price.
Lending criteria will apply.
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