BankDirect
Updated
- Low-interest starting from 4.29%
- Property finance up to $1,000,000
- Repayment up to 30 years
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Author BankDirect. Screenshot of BankDirect website. [Accessed May 23, 2018]
About BankDirect
If you are looking for a bank with a goal to provide you with impeccable service, Bank Direct is the bank for you.
Bank Direct is part of the Auckland Savings Bank group.
Reputable service for you
Founded 147 years ago, they have been going for almost 2 centuries, boasting a large clientele and a brilliant product and service reputation. They opened their doors on 5 June 1947, leaving the financial industry in their dust.
Being the first bank in Auckland, you can be sure to receive reliable and trustworthy service that you will not regret. Through years of being in the banking industry, they have changed their ways of banking to suit their people’s needs.
First to offer internet banking for you
Being the first to offer internet banking to New Zealand, they are internationally recognized for providing their people with integrated financial solutions. No matter the size of the challenge, they take on all milestones and can help you in any financial matter.
What BankDirect can offer you
Banking with Bank Direct means that you are open to many financial options that will help you achieve goals and get yourself into a better financial situation.
Whatever you are looking for in a home, Bank Direct can help you with a home loan, in order to buy your dream house.
Interest rates you dream of
When it comes to taking out property finance, the interest charged on the loan you borrow can sometimes be sky-rocket high. However, with Bank Direct you can expect competitive interest rates that have you wanting to know more.
On the website, they provide you with all of the interest rates you will want to know when applying for a property loan. From the housing variable to the back my build variable and so much more; they are completely transparent about their interest rates.
Variable rate Property finance option
Back my build is a property loan option that is usually the best way to go when it comes to building your dream house or buying a land package. This variable rate applies to the home loan for up to 3 years from the initial drawdown. The back my build variable rate is 2,54% with a minimum of 20% equity.
BankDirect Product Details
- Loan Type Property finance
- Interest Rate 4.29 – 5.55% p/a
- Loan Amount up to $1,000,000
- Repayment 4 weeks to 30 years
Bank Direct offers our clients the best deals on property loans in NZ
On the website, they provide you with all of the extra fees that you will be liable to pay when applying for a loan i.e. Loan processing fee.
How to apply for a Home loan
Step 1:
On the mortgage page, right at the bottom of the page, you will see there is an Apply Now button on the left. Click on that button to proceed to the application procedure.
Step 2:
Once the application has been submitted, you should receive a response within five working days.
Step 3:
Once you have been approved, you should receive the money within 24 hours of approval.
If you are unsure about anything or are needing assistance in the application process, they provide you with a contact number. Their friendly consultants are professional and will be able to help you in any way that you might need assistance.
Here’s what you should provide them with during your application:
- You will have to confirm whether or not you are a New Zealand citizen, and whether you are over the age of 18.
- You will need to log in as a Bank Direct user. You will either have to create a new account with them or you will need to log in to your existing account.
- Once you logged in, you will need to proceed to fill out the form provided.
- You will then have to provide your personal details and contact details such as name, date of birth, address, employment details, and how much you earn, as well as proof of earnings.
- You will also need to provide the amount of the home loan that you would like to apply for, the deposit amount that you are able to put down, and your income details.
- Once you have completed the above, you will be taken through to the summary page, where all of your information will be summarised for you to check whether it is correct and then submit your application.
Why getting your Home loan from Bank Direct is a great idea
They believe in going over and above for the people of New Zealand that wish to become homeowners. Making the country a better place to live in, is their main objective and they do this one home loan at a time. Make sure you get your piece of New Zealand by contacting them today.
Benefits of a Bank Direct Home loan
- Low interest starting from 4,29%
- You can apply for property finance of up to $1,000,000
- Bank Direct ensure that you grow financially when banking with them
- Everything is done 100% online.
- Giving you some of the most competitive rates in NZ
- They put the Kiwis first
- Your repayment term can be up to 30 years
Making an impact on the New Zealand community
Over 5 500 of their experts from across the country have helped make financial experiences possible. They promise to offer you unbeatable service and product experience, all while aiming to be a few steps ahead of the rest.
Leading 10 divisions, Chief Executive Vittoria Shortt heads the Auckland Savings Bank of Executive General Managers. This means that Bank Direct forms part of one of the largest financial and insurance providers in the whole of New Zealand.
Customer Reviews & Testimonials
BankDirect Contact Details
Physical Address
- ASB North Wharf 12 Jellicoe Street Auckland 1010 New Zealand
- Get Directions
Postal Address
- PO Box 35, Shortland Street, Auckland, 1140, New Zealand
Opening Hours
- Monday 08.30 – 20.00
- Tuesday 08.30 – 20.00
- Wednesday 08.30 – 20.00
- Thursday 08.30 – 20.00
- Friday 08.30 – 20.00
- Saturday 08.30 – 17.00
- Sunday 08.30 – 17.00