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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...
Stop renting and buy your first home this year. It’s not always easy to buy your first home but it’s not much fun renting either, especially if you believe that...
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...
Most people would be surprised at how many people use non-bank mortgages these days. The term “Non-Bank Lending“, “Non-Bank“, “Bank Alternatives” or “Second Tier Lenders” simply refers to those lenders...
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...
Bad credit mortgages are possible, but not from your bank. If you have some bad credit you may leave the bank disappointed that they cannot help, even when you have...
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...
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...
One of the key roles for any mortgage adviser is to source and give you advice on the best mortgage option. Other key roles include getting the mortgage approved, and...
New Zealand has a large number of self employed people and small business owners whom find it difficult to meet the banks criteria when it comes to proving income. That’s...
Unfortunately hearing the bank say “NO” to a mortgage application is becoming more common these days, particularly for First Home Buyers and Self Employed borrowers. They can decline your application...
So you might be wondered can a single woman buy a home by herself these days. As a mortgage adviser I’ve had many single woman looking to buy a first...
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