Kiwibank offers up to $10k carrot to new mortgage customers

Wed, 08 Jun 2022

Clearly, the mortgage market is becoming ultra-competitive as loan volumes decline, because Kiwibank is now offering customers a 1% contribution of up to $10,000 on their home’s value if they take out a Kiwibank mortgage.Senior product manager for home lending at Kiwibank, Pip Maxwell, said the offer would make life a little easier for first-home buyers or for those wishing to switch to the New Zealand-owned bank.“This market-leading cash offer is designed to put money back in the pockets of Kiwis at a time of rising costs,” M...

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