Cash Offer Terms and Conditions:
Until 31 March 2022, a cash incentive of 0.80% of the new lending amount, up to a maximum of $5,000 could be available. Cash incentive only applies to the purchase, refinance from another lender or building, of residential properties, excluding bridging loans, and is paid at the time of loan settlement. Minimum new borrowings of $200,000 applies. Penalties apply for loans repaid within 48 months of drawdown. If repayment happens within the first 24 months of drawdown, 100% of the value of the incentive will be repayable to the Bank. If repayment takes place between 25-48 months of drawdown, 50% of the value of the incentive is repayable. You must have accepted a letter of offer for a qualifying loan and loan contracts generated on or before 31 March 2022. Loans must be drawn down within 60 days of loan contracts being issued. TSB’s standard lending criteria, terms and conditions and fees apply.
Rate Match Terms and Conditions:
We’ll match any current nationally advertised fixed home loan rate from ASB, ANZ, BNZ or Westpac for the same term and offer conditions, subject to the borrower meeting TSB’s lending suitability and affordability criteria. The offer only applies to the purchase, refinance from another lender or building of (a) residential owner-occupied properties with a loan-to-value (LVR) ratio under 80% and (b) residential investment properties with an LVR under 60%. An early repayment fee may apply on fixed rate loans.
General Lending Terms and Conditions:
Additional margins may apply for bridging loans and buyers with less than 20% deposit. Residential loans with less than a 20% deposit are subject to availability of funds. All interest rates are subject to change without notification. An early repayment fee may apply on fixed rate loans. Different lending criteria applies for residential investment, business, commercial and rural loans. Standard lending terms and conditions and fees apply. See tsb.co.nz for details. All offers can be changed or withdrawn at any time without notice. You’ll find a Disclosure Statement at one of our branches or tsb.co.nz