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NZ Home Loans appoints new CEO

New Zealand Home Loans (NZHL) has appointed Sovereign's Mark Collins as its new chief executive.

Wednesday, January 19th 2011, 4:07PM

by Jenha White

Collins is presently the general manager adviser distribution at Sovereign and will take up the appointment in April.

NZHL chairman Neil Richardson says it was very pleasing to have attracted a person of Collins' calibre to take up the position from one of the company's founders and chief executive, John Erkkila.

He says Collins has considerable experience in the areas of risk management, lending and across the general finance industry and with Sovereign as a key strategic partner of NZHL, is well versed in the company and its client base.

"We believe that he will maintain the growth of NZHL and enhance its strong reputation in the mortgage and financial management industry."

Erkkila will remain actively involved with the company, responsible for perusing new

business opportunities and growing new franchisee businesses. He will remain a director and shareholder.

Jenha is a TPL staff reporter. jenha@tarawera.co.nz

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt.

1yr

2yr

3yr

5yr


n/a n/a n/a n/a n/a
AMP Home Loans
6.24 5.25 5.55 5.75 6.50
AMP Home Loans $200k +
6.14 5.15 5.45 5.65 6.40
ANZ 5.74 5.25 5.49 5.90 6.70
ASB Bank
5.75 5.25 5.55 5.75 6.50
BankDirect
5.75 5.25 5.55 5.75 6.50
BNZ - Classic
n/a n/a 5.79 n/a n/a
BNZ - GlobalPlus
5.99 5.75 5.89 6.15 6.90
BNZ - Mortgage One
6.40 n/a n/a n/a n/a
BNZ - Rapid Repay
5.99 n/a n/a n/a n/a
BNZ - TotalMoney
5.74 n/a n/a n/a n/a
BNZ- Std, FlyBuys
5.99 5.75 5.89 6.15 6.90
CBS Canterbury
5.95 6.25 6.50 7.10 7.80
Credit Union Auckland
6.20 n/a n/a n/a n/a
Credit Union Baywide
5.85 6.15 6.65 6.95 n/a
Credit Union North
5.80 5.80 5.95 6.20 n/a
Credit Union South
5.75 n/a n/a n/a n/a
eMortgage 6.04 6.15 6.69 7.19 7.90
Fantastic Home Loans
5.74 5.59 5.79 6.10 n/a
Fidelity Life
5.70 5.85 6.35 n/a n/a
Finance Direct
6.10 6.45 6.69 7.10 7.70
First Credit Union
6.45 n/a n/a n/a n/a
General Finance
5.95 6.25 6.50 7.10 7.90
HBS Bank
5.65 5.25 5.55 5.79 6.20
HBS Bank Special
n/a n/a 5.65 5.65 5.99
Heretaunga Building Society
5.75 5.65 5.80 n/a n/a
Housing NZ Corp
5.75 5.65 5.79 6.10 6.90
HSBC Premier 5.99 5.29 5.77 6.07 6.90
Kiwibank 5.65 5.25 5.55 5.75 6.50
Kiwibank - Capped
5.65 6.25 n/a n/a n/a
Kiwibank - Offset
5.50 n/a n/a n/a n/a
Kiwibank - Special
n/a 4.99 n/a n/a n/a
Liberty
5.75 n/a n/a n/a n/a
Manchester Unity
6.15 5.85 5.95 6.05 n/a
Napier Building Society
5.80 6.00 6.70 n/a n/a
National Bank
5.74 5.25 5.49 5.90 6.70
Nelson Building Society
6.45 5.95 6.25 n/a n/a
NZ Home Loans
5.85 5.25 5.55 5.75 6.50
Perpetual Trust
7.70 n/a n/a n/a n/a
Public Trust
4.99 5.40 5.55 5.85 6.65
SBS Bank
5.65 5.25 5.55 5.79 6.20
SBS Bank Special
n/a n/a 5.65 5.65 5.99
Silver Fern
5.95 6.10 6.55 7.05 7.80
Southern Cross 5.95 6.25 6.50 7.10 n/a
Sovereign 5.85 5.25 5.55 5.75 6.50
The Co-operative Bank
5.70 5.45 5.70 5.95 n/a
TSB Bank
5.79 5.20 5.50 5.75 6.50
TSB Bank Special
n/a 5.70 5.95 n/a n/a
Wairarapa Building Society
6.20 6.70 6.95 n/a n/a
Westpac 6.24 5.25 5.55 5.75 6.90
Westpac - Capped rates n/a 6.50 n/a n/a n/a
Westpac - Choices Everyday 5.60 n/a n/a n/a n/a
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