Home loan
Residential Loans & Commercial Property Loans
A typical residential mortgage refers to a loan used to purchase a residential property. This includes, for example, a primary residence or an investment property. Whether you are a first-time homebuyer, a property investor, or renovating a home, a residential mortgage can help you achieve your goals. The loan-to-value ratio is typically 80%, but can be as high as 90%.
Commercial property loans refer to loans used for the purchase of properties for commercial operation, such as hotels, shops, offices, factories, and other commercial properties. The loan-to-value ratio is up to 65%.
Construction Loans
Buy land and build houses
Home construction loans are generally divided into two categories: those who already own land and those who do not. For clients who already own land, you will need to provide a construction cost budget and insurance documents, and we can help you apply for the necessary loan. These loans will be disbursed to you gradually as the construction progresses until the house is completed.
For customers who do not yet own land, you can obtain a loan to cover the costs of purchasing land and subsequently building a house.
Construction loans vary in terms of loan-to-value ratios among different banks or financial companies. Banks typically lend up to 90% of the land and construction costs, while financial companies usually lend up to 65%.
Development Loans
Land development
Development loans generally refer to loans used for land subdivision and subsequent development. The purpose of the loan is to develop the land for the next stage of housing construction.
Developed land: This generally refers to the development of mature land (with water, electricity, and gas all in place) where houses can be built directly on the land.
Undeveloped land: This generally refers to a large, undivided plot of land where water, electricity, gas, etc., are not yet available. Building is not permitted until resource consent and building consent are obtained from the government.
Auto and equipment loans
Car mortgage loans & car purchase loans
Auto and equipment loans are primarily used for purchasing new or used cars, obtaining cash by mortgaging existing vehicles, and buying large new machinery and equipment such as excavators, airplanes, and ships. The loan-to-value ratio can reach up to 100% for auto and equipment.