ASB has launched a new product today called Back My Build, it gives those who are building a new home or purchasing home and land package access to a low variable rate of 1.79% p.a.** This is available to both owner occupiers and property investors.This is extremely beneficial as it helps keep mortgage payments lower during the build process.For owner occupiers – most have to pay rent as well as a mortgage while they are waiting for their new home to be completed, this will help lower outgoings during a stressful time.For property investors – They have to start paying a mortgage before they receive rental income.There are some T&Cs and eligibility. So get in touch with me if you want to know whether this product is right for you.**Rate is subject to change as it’s a variable ratehttps://tmmonline.nz/…/asb-launches-1-79-variable-rate…
