New Zealand Home Loans is a New Zealand owned and operated financial services provider. It has a network of franchises with offices located around New Zealand from Whangarei down to Dunedin with the Head Office situated in Hamilton. It is owned by Kiwi Group Holdings Limited which also owns Kiwibank Limited. The current Chairman of the Board of Directors is Waikato-based entrepreneur Neil Richardson. New Zealand Home Loans has approximately 200 staff. Background New Zealand Home Loans was founded in November 1996 by John Erkkila and Murray Ferguson. In 2006 Kiwi Group Holdings Limited recognised the potential of the New Zealand Home Loans model and acquired 25% of the company. Since then they have continued to purchase shares in the company and as of 1 July 2012 own 100% of the company. Core Business Activities Home Loan New Zealand Home Loans offers finance secured by a mortgage over a residential property. Lending is provided by Kiwibank or Sovereign Assurance. Its home loan product is designed to enable its clients to save money by paying less interest. Insurance New Zealand Home Loans provides its clients with personal insurance products through Sovereign Assurance and fire and general insurance products through Vero. 2011 - Mark Collins joins as CEO 2012 - Won Deloittes Fast 50 Award - Fastest Growing Mature Business (Central North Island)
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