NZF rate change
Thursday, March 31st 2011, 7:46PM
We have new rates in the table today for NZF. In addition to the rates we now include all three of its products which includes the Standard 70 and Standard 80 (lending up to 70% and 80% LVR respectively) as well as the 80% loan where the LMI is paid by the client.
While there are new rates NZF is not currently doing new lending origination. Also it has pulled rates for the four and five year terms as no loans are being written in this area and generally if a borrower takes these terms but then wants to break the loan to a cheaper short term rates the cost is generally prohibitive.
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