Posted in News June 10, 2016 - 02:51pm, Gareth Vaughan
BNZ has become the third of New Zealand's big four banks to tighten the screws on offshore house buyers looking for a mortgage.
Its changes come after ANZ and Westpac unveiled changes on Thursday.
"As part of being a prudent lender, BNZ is constantly reviewing and adapting our lending criteria to reflect current conditions, and as a result we are changing our policy on how we recognise foreign income for lending," BNZ says in a statement.
The changes include;
1. Foreign income of people who are not New Zealand or Australian citizens, or do not hold a current permanent residency visa won’t be recognised for servicing purposes. This is the case, regardless of whether or not they reside in New Zealand.
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2. New Zealand and Australian citizens and permanent residency holders, who are not currently residing in New Zealand using foreign income to service a loan will now have a maximum allowable LVR of 60% [down from what typically would be 80%]. Customers in this category will also have a 40% shade applied to the value of their income earned overseas, when calculating their ability to service the loan. This means if a customer is a NZ or Australian citizen who is living overseas and earning income overseas, only 60% of that income will be taken into account when we're considering their ability to service a new home loan in NZ.
BNZ says it has "a robust income verification process" for all lending.
"These policy changes reflect our commitment to implementing best practice policies for our wide customer base."
The moves by NZ's big banks come after their Australian parentshalted lending to non-residents and temporary visa holders earlier this year. Subsequent to that The Australian Financial Review reported both ANZ and Westpac had discovered they had approved "hundreds" of home loans backed by fraudulent Chinese income documents, allegedly put together with the assistance of mortgage brokers.
Interest.co.nz reported last week on suggestions of mortgage fraud in NZ along the lines of that reported by the AFR in Australia.
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小莹子 发表于 2016-6-10 17:29
估计也快了！！！！！！！！！！！！！！！！！
mimisa 发表于 2016-6-10 17:11
ASB房贷比例在这几大行当中也许是最低的。几乎就一直处于拒绝房贷的状态，还需要表态吗？ ...
uboat99 发表于 2016-6-10 19:32
你如果有机会接触到储备银行每个季度的net registeration of mortgage ,你就会知道房贷的市场占有率，AS ...
yangauk 发表于 2016-6-10 22:13
这次信贷收紧绝对不会是银行良心发现或政府为了保障民生行为，肯定是金额风险管理控制，真的是08以来的第二 ...
yangauk 发表于 2016-6-10 22:13
这次信贷收紧绝对不会是银行良心发现或政府为了保障民生行为，肯定是金额风险管理控制，真的是08以来的第二 ...
yangauk 发表于 2016-6-11 02:33
现在建行 工行是什么情况
yangauk 发表于 2016-6-11 02:33
现在建行 工行是什么情况
Jetking_sky 发表于 2016-6-11 11:45
不是100万以上的贷款不做，必须要有国内房产作担保，还有其他条件若干。interest rate也稍微高点。 ...
我真不是孙红雷 发表于 2016-6-11 02:10
尼玛asb从年初就不做了，只是没有条文罢了，大街上问问谁从今年2月起还有海外收入在asb批过预批 ...
bestedwin 发表于 2016-6-13 13:40
我...............
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