First Home Buyers Rejoice: ASB’s New 5% Deposit Home Loan Option
ASB now offers home loans with just a 5% deposit for eligible first home buyers. Here’s how it works, who qualifies, and what to watch for. Subject to lender assessment and approval criteria.
What Is A Revolving Credit Mortgage?
A revolving credit mortgage works like a large overdraft or credit card, and mortgage advisers will often use a revolving credit as part of the overall mortgage. What is Revolving Credit? Revolving credit is an account that is generally linked to a mortgage secured by property and allows you borrow money up to a maximum […]
My Top FIVE Tips For First Home Buyers
As a mortgage adviser I get to see a lot of people in varying situations that want to get their first home, and with that I have created a list of tips for first home buyers that I’m happy to share. These are my 5 top tips for first home buyers. Let’s have a look […]
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 […]