Banks can be very friendly when things are going well, but they can turn on you quickly if you get behind in your repayments – if you get into mortgage …
The Kāinga Ora Maintenance Clause (for First Home Loans)
If you intend to buy your first home using the Kāinga Ora low deposit First Home Loan scheme then you need to be aware of the eligibility and the maintenance …
The Less Known Rules For The First Home Loan Scheme
When you look at the Kāinga Ora website you will find the basic rules for the First Home Loan Scheme, but there are some less well known one’s that are …
What Lenders Look For In Your Bank Statements
Lenders are now looking at spending and bank statements in more detail when assessing people for a mortgage approval. Previously you would be asked what you spend and your mortgage …
Using KiwiSaver For Buying Your First Home
I get asked often if using KiwiSaver for buying your first home is possible. It is, but there appears to be some confusion about this and people are being given …
First Home Buyers Use First Home Loans
In the past year we have certainty seen a big increase in people applying for the First Home Loans which is backed by Kainga Ora. It’s become more popular as …
Short Term Bridging Finance Loans Can Help
Over the past years as a mortgage adviser, I’ve seen plenty of times where short-term bridging finance loans have helped people manage their way through some difficult times, and this …
First Home Buyers? Do this first.
Buying your first home is not easy and there is plenty to think about both before and after you apply for a home loan or start looking at houses. The …
Don’t Let The Banks Link Your Properties
When you own more than one property the bank will want to link your properties, and while it is the easy option it is not the best option. You need …
Mortgage Strategy: Low Loan Rates
I am seeing many financial commentators now starting to talk about inflation and therefore interest rate increases, which of course means higher home loan rates. As they say, “Where there …