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Home Loan

A home loan for you......
We provide personal home loan services to assist our customers in purchasing their own New Zealand home. We can offer different types of loans dependent upon your specific needs. All loans are subject to our lending criteria, including minimum deposit requirements, term, fees, break costs and risk premiums (where applicable) and changes in your circumstances during the loan period. Interest rates are subject to change. Establishment fees may apply. Home loans are not available for business purposes.

For rates, fees, specials and charges click here.

Home loan types include;

Floating rate: offers flexibility with the ability, as your circumstances change, to make lump sum payments in excess of your scheduled payments, without penalty. Floating rate loans are subject to market movement meaning your actual rate may go down or up as conditions change.

Fixed rate: offers the benefit of certainty of your repayments for the agreed period and payment schedule of the loan (eg weekly, fortnightly, monthly or for periods from 6 months to 5 years). 

To get an indication of your likely repayments on your estimated borrowing, click here ( ICBC is not in any way affiliated with this site of the agency and does not accept any liability for any loss, damage, errors, omissions or inaccuracies.)

You can enjoy the convenience of Chinese language services in ICBC New Zealand, to avoid the inconvenience of foreign language or cultural differences.

For further details of how we can help you with your home purchase including what you need to provide us to process an application, please contact us at the address or telephone number below. For our Terms and Condition, click here.

Prior to signing any loan documentation, you should seek independent legal advice. 

Home Loan Interest Rates

ICBC New Zealand Published Mortgage Rates p.a.
Effective from 21 September 2020
Standard Rate
6 months
12 months
18 months
2 years
3 years
4 years
5 years


ICBC New Zealand Published Mortgage Rates p.a.
Effective from 20 July 2020
Standard Rate


 * Our Home loan standard interest rates are subject to change and additional risk premiums may be added based on credit assessment conditions. Please refer to rates and fees for more details.

A Default Rate of 15% per annum above the highest interest rate is applicable to any part of the loan. At the time of the default the default interest rate will be charged.


Outlined below are the current fees and costs applicable to our Home Loans:


Application Fee 

NZD 500.00


Loan Top-Up Fee

NZD 250.00

Tide-over Application / Extension Fee

NZD 500.00

Early Repayment Administration Fee (applicable on early repayment of fixed-rate loan)

NZD 50.00

Default Notice Fee

We charge this fee if we prepare and send you a default notice for your loan under the 

Property Law Act 2007.  We prepare these notices to require you to repay some or 

all of the amounts you owe us because you've breached your loan agreement with us, 

or another agreement with us.  If we've had this notice prepared by a solicitor, then 

you must also meet our solicitor's costs in preparing the notice, as well as our Default 

Notice Fee.

NZD 175.00

Additional Documents Fee

NZD 10.00 
per document

Consent Fee

We charge this fee to process requests to do with security we have for your loan. 

 We'll charge this fee when we complete the transaction.  We may also charge 

you a discharge or execution fee.

NZD 40.00

Discharge or Execution fee

We charge this fee to document and complete any other transactions to do 

with the security we have for your loan, including discharge or release of security.  

We'll charge this fee when we complete the transaction.  We may also

 charge you a consent fee. 

NZD 100.00

Re-documentation Fee

We charge this fee to assess and document any requests you make to change

 your loan.  This could be because you want to transfer your loan to your family 
rust or company, or from a joint to single borrower or vice versa.  We'll charge 

this fee when we complete the transaction.

NZD 250.00

Security Transfer 

We charge this fee to assess and document any requests you make to change 

the security we have for your loan.  This could be because you've sold the 

property and are buying something else.  We'll charge this fee when we 

complete the transaction.

NZD 250.00

Additional Statement Copy

NZD 20.00

ICBC NZ Branch Contact
Branch address:2 Queen Street, Auckland City, New Zealand
Phone number:+64 9 374 7266
Opening hours:Mon to Fri 9:00 - 16:00 (close on weekends and public holidays)

This information is for your reference only. It’s subject to the provisions of ICBC New Zealand’s working procedures and subsequent changes. For your convenience, please contact us by phone for more information prior to visiting our Branch.