Fund things like:
If you're looking to fund something else, take a look at our other personal loan products.
Apply for anything between $1k and $20k unsecured or up to $70k secured. Just make sure you've got your NZ drivers license or NZ passport handy.
Provided everything stacks up, the money will appear in your account within a couple of days, depending how quickly we get the info we need.
Now you've got the funds, the fun begins. Start turning those ideas into reality.
See for yourself what our clients think with over 107 5 star reviews on Shopper Approved.
Canterbury, New Zealand
I found squirrel to be excellent to deal with on all levels, especially communication. Squirrel took the time to understand my finances fully and made the right decision. Banks could learn a thing or two from squirrel.J
Canterbury, New Zealand
Wow-signed documents sent back at 2pm, funds cleared in my bank account by 5pm the same day! The application process was well managed and communicated. There really are no competitors that come close to Squirrel...keep up the good work.SW
Waikato, New Zealand
This was the fastest easiest process I have ever experienced. Everything was done online. So quick and easy. I am very happy and will dealing with Squirrel for any financing I need in the future their interest rates are very fair also.EM
Auckland, New Zealand
They were super quick and easy to use, no hassles and now I can finish the renovations on the home. Would highly recommendSB
Auckland, New Zealand
Very satisfied with the service from Squirrel Money the whole system is very easy to use and super efficient. Hassle free and the interest rates make it affordable as well. Most certainly will use Squirrel again.HL
Hawke's Bay, New Zealand
Quick easy application and great communication, very happy with the service at a reasonable rate. Thanks SquirrelDL
Wellington, New Zealand
Thank you fro the promp action on my request. I experianced the interaction as positive and well informed. Thank you. Kind regards DaleenPG
Whangaparaoa, New Zealand
Hi It was a pain free experience and very professional. The interest rates are excellent and a very fast loan process. Thank youHC
That's right. Stuff paying fees - we won't charge you any for starting the loan, repaying it early, or anything. Except for recovery costs in the event of a default.
After the first year of interest-only repayments, our mortgage advisers can bury the loan into your mortgage so your wallet feels less of a pang (subject to bank credit criteria). While we're at it, we'll help get you a great deal from your bank at the same time. Then we'll structure it all in a way that suits you best.
Note: because of bank Loan-to-value (LVR) restrictions, any lending over 80% on a mortgage will incur low equity fees. Your adviser will talk you through this if that is the case with your mortgage.
If you choose not to bundle the loan into your mortgage, you can pay it off on its own separately. Over 2-3 years the interest rate is 8.95%p.a. or 5-7 years the rate will be 9.95%p.a. We'll happily chat through your options with you. You always have the option to pay it wipe it clean whenever you want - we'll never penalise you for paying it off early.
Through the concept of peer-to-peer lending (and the magic of technology) your loan is funded by Joe Bloggs down the road who's invested their extra cash into our platform. Think of it like Tinder for money. It's also how we can afford to offer such awesome interest rates. We've built a system in-house which allows us to run like a lean, mean running machine without too many overheads, giving borrowers and investors a better deal. Good old kiwi ingenuity.
This product has been built especially for you, the owner of your home. It comes in handy for renovations, do-ups, unexpected issues that need fixing, getting your house ready for selling and even the real estate marketing or staging costs. The list goes on...
The Homeowner's Loan is one of 4 personal loan products that we offer, all with different purposes.
If you're wanting to consolidate some debts, we offer a Debt Consolidation loan for that. If you're looking to finance a vehicle or Tiny House, our Vehicle Loan is what you're after, and for anything else try our Personal Loan.
The boring bits:
1 If you or a guarantor default on your obligation, you may be obliged to pay costs and expenses for enforcement.
2 Rates shown are based on current rates. Rates are subject to change.
3 Affordability, responsible lending and credit criteria apply. Subject to available funding.
4 If your loan falls into arrears, a default interest rate of 10% p.a. will be added to your fixed interest rate and remain in place until your loan is back on track and out of arrears
Example: A borrowed amount of $10,000 over 1-year interest-only would result in repayments of $68 per month at 7.95% p.a. (not risk graded). If a payment is missed or a loan is in arrears for a period of time, default interest may apply. Check out our fees page.