Key Lender Contacts
Key Lender Contacts
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Broker Hub
Phone: 0800 740 047
Existing broker customers fixed rate roll over related enquiries
Email: BNZ_Broker_Pricing@bnz.co.nz
Submitting New Application and restructure requests, commission, or application related enquiries
Email: BNZ_Broker@bnz.co.nz
Onboarding, document preparation and invoices relating to Housing Under Construction loans
For additional information or specific queries you may have, please contact your BRM.
Commission & Clawback
Commission & Clawback
BNZ will pay the following commission payments for each customer loan, for the provision of the services based on the frequency and criteria set out below.
Commission
Up to 0.55%
0.15% per annum
Upfront | Payable on total drawdown limit
Payable for the Life Of Loan, calculated on the last day of the month starting one month after draw down
Paid within three business days following draw down*
Paid monthly on the 1st business day of the month following draw down of the customer loan and criteria is met
* For offset (TotalMoney) home loans, upfront commission is subject to a 10 business day suspension period, and will be calculated on the Drawn Limit net of any offset credit funds and paid 10 business days after the loan is drawn.
Clawback
100%
50%
0-14 months | Clawback of Upfront Commission only
15-28 months | Clawback of Upfront Commission only
Initiated within 5 Business Days of the Loan being closed or discharged
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