How To Choose The Best Bank For Your Home Loan
From experience, I know that for most first home buyers the excitement of just getting a home loan approved feels like a win, but often it means that you do not end up getting the best bank for your home loan. Yes, you might be happy now just to get an approval but if you […]
Getting Help Dealing With Mortgage Arrears
Kiwis often don’t know where to get help dealing with mortgage arrears. They are told to speak to their banks, but do not feel comfortable dealing with some credit person that is hidden behind an email address of 0800 number. It’s difficult to know what the banks credit people or hardship teams will do. Understanding […]
Sometimes We Need A Fresh Start
We cannot dwell on the past, but unfortunately the banks often do and penalise us for years after we have had something go wrong. A default will stick on our credit reports for 5-years after being listed and when the banks see this “bad credit” they will typically decline lending applications. We say typically because […]
Direct to the Bank or go to a Mortgage adviser?
We hear this debated on social media all the time – people saying go directly to the bank for a home loan while others say you should use a mortgage adviser. To help answer this we decided to do a short article and to focus on just the one main reason why going directly to the […]
Low Deposit Options For Your First Home
What low deposit options are there? Most first home buyers do not have a 20% deposit and so ask if it’s worth making the effort to buy with a low deposit now or wait and save more. For first home buyers, the deposit is generally one of the biggest issues, and especially in the larger […]