Mortgage Brokers New Zealand
Understandably buying a home can be a confusing and stressful time. If you are buying a home you will, undoubtedly, have many questions. One of your biggest concerns should be your mortgage, and you are probably trying to figure out whether or not to use the services of a mortgage broker so you can easily compare home loans fast.
Please note that site only deals with mortgages arranged within New Zealand. So if your outside NZ then this is not the right site. Our brokers are based in Auckland but can get all Kiwi’s mortgages no matter where you live.
comparing home loan rates and trying to work out how to get a cheap rate can be very confusing, however you’ve come to the right place. We’ll help you answer this question and others by explaining what a mortgage broker does, the advantages of using a mortgage broker and of course through using the form above, connect you with a professional FMA (financial markets authority) registered financial adviser (mortgage broker).
What We Do
Basically, we do all the work for you. We connect home buyers with the best mortgage broker in the country. Our professionals will help you find the right mortgage for your specific situation. Our service is fast, simple and free and will make sure you get helped by a registered mortgage professional who’ll ensure you get the best New Zealand home loan.
How to Get a Mortgage
In New Zealand there are literally hundreds of mortgage options by over 21 different lenders, they all have different criteria and home loan rates. Sure, you can go through the process of securing your own mortgage alone, but doing so will come at a cost. This cost will undoubtedly be your time and almost certainly your money.
Buying a home will likely be the most expensive purchase that you will make in during your lifetime. The right mortgage will save you money over the course of the loan, and the savings can amount to thousands of dollars. Our mortgage brokers are simply the best, and their job is to find you that mortgage that is best for you, the one that will save you money.
What does a Mortgage Broker Charge?
Now here’s a pleasant surprise. There is no cost to the home buyer for working with a mortgage broker. The bank which ultimately gets your business pays for the services of the mortgage broker. What do you call free professional advice that can save you thousands of dollars? We call it unbelievable!
We now have access to a new lender in New Zealand that can assist self-employed borrowers who can’t produce financial accounts - click here
Why Not Work Directly with a Bank?
Sure, you can work directly with a bank and get an NZ home loan. You will probably end up with a decent mortgage at a decent rate. But why settle for “decent” when you can have the best? A mortgage advisor is an experienced professional whose job it is to save you money. Our highly skilled mortgage brokers know the business and as a team have over 30 years experience. They know the banks including their many products and rates. They will find you a mortgage that will make the best use of your money, taking into consideration your current financial situation. Since a broker does not work for one specific bank, which means there will be many more home loan choose from. Competition is always cost effective.
Another small tip: Banks will often substitute their margins by trying to sell you insurance especially life and income protection.
Can You Buy a House with a KiwiSaver First Home Withdrawal?
This is one of the most common questions asked of our brokers today. The answer is yes. KiwiSaver funds can be used by first-time home buyers. There are some rules involved, but our mortgage professionals will guide you through the process of unlocking these funds.
Are there No Deposit NZ Home Loans?
This is another frequently asked question. There was a time no deposit home loan options were available, but this is no longer the case. However, there are other options to available. This website will explain home loans no deposit options, and of course, our top-notch mortgage brokers are also knowledgeable and skilled in this area. If you need a no deposit home loan, make sure you talk to our brokers about other options. No down payment does not have to mean no mortgage.
Compare Home Loan Rates
When working out what home loan is right for you, there are many things to consider and comparing rates for a potential mortgage is not necessarily like comparing ‘apples with apples’ as there are many factors to take into consideration. Should you fix or float, what interest rates, what fees are involved for making one off payments and other administrative fees. This is where speaking to a professional mortgage broker helps.