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 …
Five Ways To Pay Off Your Mortgage Early
So you want to pay off your mortgage faster – don’t we all… For most Kiwis, the mortgage will be the largest financial commitment that they will ever have. Unfortunately, …
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 …
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 …
Ten Tips For First Home Buyers Using Their KiwiSaver
It’s hard for first home buyers these days and so I have put together my ten tips for first home buyers using their KiwiSaver in an effort to help. KiwiSaver …