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ANZ extends $2,000 home loan cash offer

Media Release

For release: 4 October 2012

ANZ extends $2,000 home loan cash offer

ANZ today announced it will extend its up to $2,000 cash offer for new home lending, due to popular demand.

The cash offer includes up to $1,000 towards legal fees and $1,000 cash for new home lending over $100,000.

The offer, which has been in the market since October 2011 and was due to end at the end of this month, has been extended to 31 January 2013.

Kerri Thompson, ANZ Managing Director Retail, says the response to the offer since October last year had been incredible.

“It gives homebuyers what they need most after making such a big purchase - help with the legal costs and a bit extra to spend on making their house a home, in whichever way they chose,” Mrs Thompson said.

ANZ is New Zealand’s leading home lender and grew its residential mortgages by $1.1bn in the quarter to the end of June.

“Around one in three New Zealanders choose us for their home loan. That's because we have competitive products, market leading rates, a simple approvals process and more mobile mortgage managers and branches than anyone else,” Mrs Thompson says.

“As we enter a busy season for home buyers, we are ready to help even more New Zealanders into their own homes.”

Last week ANZ announced market-leading 6-month and 1-year fixed mortgage rates of 4.95% for home loans with 20% equity.
ends

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