If you or a family member requires financial assistance for housing, a vehicle, self-employment, or bridging finance, you may be eligible for a loan.
Loans provided by Paraloan have interest rates lower than those offered by banks and other lending institutions. Normally 1% to 2.5% lower than the best fixed rate mortgage available from New Zealand banks at any given time.
Paraloan is a lender of last resort. Typically applicants will not be able to receive finance from banks, or the interest rate may not be affordable.
Eligible applicants are New Zealand residents having one of the physical disabilities that we cover.
All applications are considered on their individual merits.