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 […]
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 […]
Getting Help Dealing With Mortgage Arrears
Kiwis often don’t know where to get help dealing with mortgage arrears. They’re told to speak to their bank. But many don’t feel comfortable with a credit team hidden behind an email address or 0800 number. It’s difficult to know what the banks credit people or hardship teams will do. Understanding Mortgage Arrears As non […]
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 […]