Three ways an ASB loan can help with your project
12 months to make your first draw down
You have 12 months to make your first draw down and then can continue drawing down until the project is completed.*
*The draw down facility will close if you do not make any draw downs over a 24 month period.
Simple progress payment loan options
Option to only draw on your loan as your build progresses.
Lending specialists available 7 days a week
Help is at hand when you need it. Our specialists can answer your finance questions and give you peace of mind.
Power tips for your project
Whether you want the freedom to design your own dream home from the ground up, the convenience of a house and land package or you're renovating your existing home, an ASB home loan can make it a reality.
Check these guides for handy tips and how to's.
Ways to build
There are lots of ways to create your dream home, and pros and cons for each approach.
Buying a section
An empty section can be a blank slate for your perfect home. Here are some buying tips.
Building contracts
Turn-key, fixed price and labour-only building contracts explained.
Financing your build or renovation with an ASB home loan
Whether you're building or renovating, an ASB home loan can help. Before you get started, talk to us about your finances and which options will work for you.
And if you’re signing a building contract, be sure to talk to a lawyer and to us first. The lawyer can check that the contract is fair and doesn’t have hidden surprises or risks. We can check that the contract will work with our loan terms and with your available funds. That way you can be sure everything’s in order before committing.
Financing your turn-key contract
Financing your build or renovation under a fixed price building contract
Financing your build or renovation with a labour-only contract
Are you eligible for a KiwiSaver HomeStart grant?
If you're a first home buyer and a KiwiSaver member you could be eligible for the KiwiSaver HomeStart grant. It gives you up to $5,000 to help buy an existing home, or up to $10,000 to help pay for a newly built home.
If you’re buying a house with one or more other people, like your partner or your friends, and you’re all in KiwiSaver, you could all receive a grant. Terms and conditions apply, so check here to see if you and your property could be eligible.
Insurance while you build or renovate
Before you start work, think about protecting yourself against the possible risks of building.
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Contract works insurance can cover you against things going wrong while your home is being built.
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Public liability insurance is your builder’s responsibility. It covers accidents that affect other people or their property.
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Home insurance protects your house from the unexpected once it’s built, and is usually required for your home loan. If you’re renovating you probably already have insurance in place, but it’s a good idea to review your cover before you start and again once your renovations are complete.
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Contents insurance protects your belongings and furnishings. It's portable, so you can insure your things now, ready for when you move in.
Check your numbers before you start
Make progress toward your home ownership goals with these tips and tools.
Home loan interest rates
We're here to help
Apply online
Start your home loan application online. We'll be in touch to complete the next steps with you.
Give yourself 5-10 minutes.
Meet in person
One of our team can meet at a time and place that suits you, or you can make an appointment to meet at an ASB branch.
Give us a call
You can pick up the phone and call one of our home lending team, weekdays 8:00am-6:30pm and on Saturday 8:30am-5:00pm.
+64 9 306 3000 for overseas
Manage loan online
Existing customers can view and manage loans, apply for a top up and more.
ASB’s lending criteria, terms, conditions and fees apply.
