I’m looking at a business loan, can I use my house as security?
Last Updated: 21 Dec 2015
In some circumstances, and depending on the type of loan, then that might be an option. You’ll need to show you have sufficient equity in your home to support the business loan, and we’ll need to see your business plan.
Did this answer your question?
Related Answers
-
Due to the Reserve Bank of New Zealand’s (RBNZ’s) loan-to-value ratio (LVR) restrictions, loans for residential investment properties generally have ...
-
Due to the Reserve Bank of New Zealand (RBNZ) Loan to Value Ratio (LVR) 'speed limit' restrictions, loans for residential ...
-
It’s possible to use another property as security to purchase your home. The key to us making a lending decision ...
-
Yes you can. If you have a variable interest rate you can increase your payment amounts, make extra lump sum ...
-
The first step is to contact your local ASB Rural Manager who will talk you through the process, the different ...
-
Yes. ASB Asset Finance provides specialist equipment loans which use the equipment as the primary security.
-
If you have signed and returned the loan documentation to us then you have 60 days from the date the ...
-
Depending on the size and nature of your business and what you need lending for, there are several types of ...
-
If you are linked to a Company/Trust, you are allowed to manage its facilities. If you are unable to view ...
-
Property information has been sourced from CoreLogic NZ Ltd. The estimated value is not an accurate representation of the market ...
