Finance
Finance for your House and Land Package
Building can be one of the most exciting opportunities in life, but it requires good planning and some important key decisions to ensure your build runs smoothly.
You need to make two very important decisions. The first is selecting a builder you can trust; one you can trust to give you an honest price at the start, to stick to it and who will build a quality home on time and on budget.
You’re on your way with Cambridge Homes.
The next important decision is to secure construction finance that works for you. We are pleased to have partnered with NewBuild Home Finance who has 11 years of specialty experience in residential construction lending.
NewBuild Home Finance at a glance:
- Funded through Sovereign, part of the ASB Bank group, so you can be sure you have a standard bank loan with great interest rates
- Low deposit – lower than you may think, so it makes owning a brand new home just a short step away
- An Interest reserve reduces any out of pocket costs, so monthly interest payments are not required while your home is being built. This takes the stress out of building, while helping you to afford more of a home than you may qualify for at other banks
- Professional management of your construction loan, which allows you to focus on enjoying the building process, without the hassle and cost of managing progress valuations and progress payments
- A Contingency reserve covers any upgrades you may choose to make during the building phase
Buying a brand new home is a great alternative to buying a used home – someone else’s used legacy.
Give the “experts” in residential construction lending a call. You will find them
passionate about building
Call Tollfree 0800 NEWBUILD (0800 639 284) or email info@newbuild.co.nz
Check out www.newbuild.co.nz for more details on how building is a great option, and for current interest rates.
