ANZ Mortgage Company
The largest bank in New Zealand and the third largest bank in Australia is ANZ Mortgage Company. ANZ Mortgage Company is also included in the top 50 financial institutions in the world. The financial services offered by ANZ Mortgage Company are especially designed to suit the individual needs of its clients. Aside from Australia, ANZ Mortgage Company also operates in selected countries in Asia and the South Pacific.
ANZ Mortgage Company History
The history of ANZ Mortgage Company can be traced back to its establishment of Bank of Australasia in London in 1835 and Union Bank of Australia in 1837. Bank of Australasia and Union Bank of Australia formed a merger in 1951 to form ANZ Mortgage Company. The merger between English, Scottish and Australian Bank Limited and ANZ Mortgage Bank in 1970 gave birth to Australia and New Zealand Banking Group Limited, the bank's official corporate name. The previously mentioned merger that strengthened the status of ANZ Mortgage Bank in the banking industry is also considered as the largest merger in Australia's banking history.
In 1979, ANZ Mortgage Company acquired the Bank of Adelaide. ANZ Mortgage Company also purchased Grindlays Bank (1984), Barclays Fiji (1985), and PostBank (1989). ANZ Mortgage Company also acquired Lloyds' in Papua New Guinea, Bank of New Zealand in Fiji, Two and Country Building Society in Western Australia, and PT Panin Bank in Indonesia, and Bank of Hawaii in the Pacific. Other financial institutions purchased by ANZ Mortgage Company include National Mutual Royal Bank Limited, Bank of Western Samoa, Amerika Samoa Bank, and National Bank of New Zealand.
ANZ Mortgage Company Home Loans
The four different types of home loans offered by ANZ Mortgage Company are Variable Rate Home Loan, Simplicity Plus Home Loan, Fixed Rate Home Loan, and Land Loan.
- Variable Rate Home Loan - for people who prefer adjustable interest rates
- Simplicity Plus Home Loan - for people who want low variable rates with no frills
- Fixed Rate Home Loan - for people who like stable interest rates
- Land Loan - for people who wish to purchase a land block to build their house in
Check rates and terms offered by ANZ Mortgage Company before you apply.