·         Borrowers must have a minimum of 20% equity in the security property i.e. a loan to value ratio of 80% or less.

·         Borrowers must have a minimum of $100,000 new home lending as part of their new lending transaction.

·         Borrowers must have an ASB transaction account with their income credited i.e. wages, salary, business or rental income credited to an ASB account.

·         Not available on loans for business purposes, Home Plus loans or loans for bridging.

·         Loans must advance within 60 days of documentation.

Packages or other discounts cannot be applied to the special rate. Rates are subject to change without notice.