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Home Loan

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If you have the plan to buy a property, it can be one of the most important decisions you'll ever have to make. As your trusted banking partner, our mortgage products can help you lay the foundations of your new home with the right loan amount, interest rates and repayment options to fit your financial needs.

Residential Home Loan Disclosure

Annual Interest Rates

The following are the current interest rates we offer:

Standard rate

You can choose the following annual interest rates (unless you are in default under your loan

in which case the default rate applies)

Fixed rates

You can request a fixed rate for a term of 6 months or up to 5 years to apply to your residential

home loan and the annual interest rate will not change during that period. Fixed rate quoted

is for LVR under 80%.Currently our rates are:

	Floating	6 Months	1 Year	2 Years	3 Years	4 Years	5 Years
Standard	5.50	4.70	4.70	4.80	4.95	4.95	4.95
Special			3.19	3.19	3.19	3.30	3.45
Rates are subject to change Minimum lending from $500,000 CCBNZ lending criterias apply & special conditions apply Subject to general terms & conditions Special interest rate conditions: minimum 20% equity required in the security provided to CCBNZ. Applicable to home loans serviced by NZ local income only. These special rates are not applicable to home loans for business purposes and bridging loans. CCBNZ reserves the right to amend these terms and conditions as it considers appropriate from time to time without notice

Floating (or variable) rates

You can request a floating (variable) rate to apply to your residential home loan. Currently,

we offer a floating rate of [5.50]% per annum.

Also, you should be aware that the floating interest range will change from time to time in

accordance with general market conditions.

Please note: The rate we charge you within the above range will depend on your personal

circumstances,including how much you want to borrow, the term of your loan, your income,

credit history and other financial commitments. We aim to keep our interest rates competitive.

Please contact us if you want more information.

Default rate

If you do not pay an amount when it is due, the default interest rate is the annual interest rate

plus 6% per annum.

Please note that these rates, fees and charges will change from time to time.

Standard Form Contracts

At present, China Construction Bank (New Zealand) Limited provides consumer credit loans for the purposes of residential home lending only. The following are our current standard form contracts for our residential home loan product:

1. Home Loan Contract

The standard form home loan contract comprises:

• Home Loan Agreement Specific Terms

• Home Loan Agreement General Terms and Conditions

2. Deed of guarantee and indemnity

If a guarantor is required, the guarantor will need to sign a deed of guarantee and indemnity.

• Deed of guarantee and indemnity

3. Memorandum of mortgage

The memorandum of mortgage that is registered will incorporate the terms of the Auckland

District Law Society Inc “all obligations” form of mortgage.

• Mortgage Memorandum – All Obligations (RGL 2015/4328)

4. Fees and Charges