Can the Bank Decline Your Mortgage Because of Debt, Spending or Your Bank Statements?
Can a bank decline your mortgage because of debt, spending or what’s on your bank statements? What NZ banks flag, why it matters, and a 90-day clean-up before you apply.
5% Deposit Home Loans: What Actually Changes When You Have Less Than 20%?
Buying with a 5% or 10% deposit in NZ? How the LVR rules, low equity margins, the Kāinga Ora First Home Loan and bank criteria change when you have less than 20%.
How To Choose The Best Bank For Your Home Loan
There’s no single best bank for home loans in NZ. The best one for you is the lender whose rates stay competitive across the fixed terms, whose loans let you pay extra and ease back when you need to, and whose lending policy fits your income and deposit. Getting approved only tells you one bank […]
Buying Your First Home?
Are you thinking about buying your First Home? Do you know there are ways you can buy a suitable home? When we started the Kiwi First Home Buyers Group over 10-years ago, house prices were a lot lower and the group was relatively smaller. Over the years we have grown this group to about 60,000 […]
Stop Renting and Buy Your First Home
Stop renting and buy your first home this year. It’s not always easy to buy your first home. But renting isn’t much fun either, especially if you fear you’ll rent forever. As a mortgage adviser in Auckland I know that it’s not always easy to buy a home. House prices are high and that means […]
Can a single woman buy a home in NZ?
Yes. I’ve helped plenty of single women buy their first home on their own income, and most of them had been told by a bank, or by friends, that it wasn’t realistic yet. Often the problem wasn’t them. It was that the first bank they spoke to didn’t offer the right product, or assessed them […]
My Top FIVE Tips For First Home Buyers
As a mortgage adviser, I see many people who want to buy their first home. So I’ve put together a list of tips for first home buyers. These are my 5 top tips for first home buyers. Let’s have a look at these and see if they can help you. These might seem obvious to […]