ASB has launched a new product called "Back My Build" with a cut-price 1.79% variable home loan rate for new builds, as the lender attempts to encourage the lending for building a new home from scratch or purchasing a home and land package.

In this episode, we’ll explain how ASB’s Back My Build works and share our perspectives on the benefits and what needs to be aware of about the product, so that you can make an informed decision.

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Topics Covered:

1. ASB launches a home loan for new builds with a 1.79% floating interest rate - 00:45

2. What are the benefits of ASB's 1.79% home loan rate for new builds? - 02:26

3. What you need to be aware of? - 04:49

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Prosperity Finance – here to help

If you would like to get more tailored advice, please feel free to get in touch. We are happy to review your situation and let you know how we can help. Call us at 09 930 8999 or email support@profin.co.nz for a chat with one of our mortgage advisors.

As mortgage brokers based in New Zealand, we can help you to achieve your financial goals. No matter you are a first home buyer, property investor, or looking for buying a commercial property, or if you are a construction builder or developer, we're here to help.

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