Untitled Document

Features	FGNZ Standard	FGNZ NON-RESIDENT
Client Profile	Individuals - PAYE. Self-employed or full-time investors > 2 years. Corporate Entities - registered New Zealand company, partnership or trustee company acting for family trust.	Borrowers who do not ordinarily reside or pay taxes in New Zealand. Borrowers purchasing residential investment property in New Zealand
Loan to value ratio & Loan Size	Minimum loan size is $30,000 95% LVR for loans up to $600,000 90% LVR for loans from $600,001 to $700,000 85% LV for loans from $700,001 to $850,000 80% LVR for loans from $850,001 to $1,000,000 Metro areas of Auckland only 95% LVR for loans up to $450,000 90% LVR for loans from $450,001 to $500,000 85% LV for loans from $500,001 to $600,000 80% LVR for loans from $600,001 to $750,000 Metro areas of New Zealand only 95% LVR for loans up to $350,000 90% LVR for loans from $350,001 to $400,000 80% LVR for loans from $400,001 to $500,000 New Zealand wide	Minimum loan size of $30,000 80% LVR for loans up to $400,000 75% LVR for loans from $400,001 to $750,000
Product Choice	FGNZ Housing Loan Facility FGNZ Equity Line	FGNZ Housing Loan Facility only.
Serviceability Requirements	All applications must meet serviceability	All applications must meet serviceability. New Zealand Non-residency checklist and declaration form. Verification of Overseas Investment Commission Consent (where necessary).
The detail shown in this matrix is a summary of the full product criteria. For full complete details, please contact FGNZ Homeloans. This information is subject to change by FGNZ Homeloans at its sole discretion and no responsibility is assumed by FGNZ Homeloans or its employees to any other persons for any loss or damage (whether caused by negligence or not) arising from the use of the information and advice contained herein.

Features	FGNZ Express 80	FGNZ Express 70
Client Profile	Self employed or full-time investors > 2 years ONLY. Unable to produce extensive financial statements at time of Application. Minimum net realisable asset position of $50,000. Co-borrower may be PAYE – income verification is required. Self employed borrowers must disclose business registration number(s) on declaration form evidencing at least two years self-employment; or borrowers accountant/tax agent must complete declaration form confirming self-employment for at least two financial years.	Self employed or full time investors only - no time limit < 2 years is acceptable. Unable to produce extensive financial statements at time of Application. Borrowing for purchase of business that will employ applicant is acceptable.
LVR & Loan Size	Minimum loan size is $30,000 80% LVR for loans up to $1,000,000 Metro areas of Auckland only 80% LVR for loans up to $750,000 Manukau City, Waitakere City and Wellington City only 80% LVR for loans up to $600,000 Metro and regional areas of New Zealand only 80% LVR for loans up to $500,000 Other locations Refer to specific criteria noted on FGNZ Express 80 Fact Sheet and LMI postcode listings.	Minimum loan size is $30,000 70% LVR for loans up to $750,000 Metro areas of Auckland only 70% LVR for loans up to $500,000 all other locations Refer to specific criteria noted on FGNZ Express 70 Fact Sheet and LMI postcode listings.
Product Choice	FGNZ Housing Loan FGNZ Equity Line	FGNZ Housing Loan FGNZ Equity Line
Serviceability Requirements	All applications must meet serviceability Declaration of Financial Position required	No requirement to prove serviceability Declaration of Financial Position required
The detail shown in this matrix is a summary of the full product criteria and for additional information contact FGNZ Homeloans. This information is subject to change by FGNZ Homeloans at its sole discretion and no responsibility is assumed by FGNZ Homeloans or its employees to any other persons for any loss or damage (whether caused by negligence or not) arising from the use of the information and advice contained herein.