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Liquid picks up E-Loan

The ownership of online mortgage broker E-Loan has changed for the third time in just over a year.

Tuesday, November 20th 2001, 10:23PM
AMP's online financial services business, Liquid, has entered into an agreement to purchase the assets of E-Loan NZ Ltd from eVentures NZ Ltd and The Warehouse Ltd.

The deal is to include a licensing agreement with E-Loan’s US based parent company to continue to offer the E-Loan brand in New Zealand. Liquid will maintain E-Loan’s current web site and provide access to it through its own portal, Liquid.co.nz.

Liquid managing director Peter Larsen says the site is focussed on its strategy to provide a comprehensive range of financial services to customers who choose to manage their own financial requirements online.

"Purchasing E-Loan NZ’s assets ensures that Liquid continues to develop its online position as New Zealand’s one-stop financial services shop. The licensing agreement means that Liquid customers can access E-Loan’s award winning home loan and credit card information and comparison tools via the Liquid site.

"The tools have been developed to compare a broad range of lending options and allow customers to apply for a home loan or credit card directly online."

"Extending Liquid’s mortgage offering through E-Loan NZ provides online customers with more choice," he says.

E-Loan will present independent mortgage information to site visitors alongside independent residential mortgage outlet Mike Pero Mortgages, a Liquid founding partner.

« Jacking up prices is rife at the momentThe Warehouse says E-Loan became redundant »

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 ▼6.85 ▼6.49 ▼6.35
ANZ 8.64 7.45 7.09 6.95
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 6.85 6.49 6.35
ASB Bank 8.64 ▼6.85 ▼6.49 ▼6.35
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 6.85 6.49 6.39
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.45 7.09 6.99
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.59 - -
Co-operative Bank - Owner Occ 8.40 6.79 6.49 6.35
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.29 6.99 6.85
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 6.69 6.35 6.15
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 ▼7.50 ▼7.25 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.69 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.74 7.35 6.99
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 7.75 7.39 7.19
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 6.85 6.49 6.39
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 ▼7.25 ▼6.90 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 8.74 ▼7.49 7.09 6.95
Lender Flt 1yr 2yr 3yr
SBS Bank Special - ▼6.89 6.49 6.35
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 ▼5.89 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 ▼7.65 ▼7.29 ▼7.19
TSB Special 8.64 ▼6.85 ▼6.49 ▼6.39
Unity 8.64 ▼6.85 ▼6.49 -
Unity First Home Buyer special - ▼6.45 - -
Wairarapa Building Society 8.60 6.95 6.85 -
Lender Flt 1yr 2yr 3yr
Westpac 8.64 ▼7.45 ▼7.09 ▼6.89
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - ▼6.85 ▼6.49 ▼6.29
Median 8.64 7.00 6.85 6.39

Last updated: 26 July 2024 9:14am

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