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The mechanics of home loan pre-approval

The mechanics of home loan pre-approval

Get it before you make an offer Once you’ve found your dream home, it can be hard to concentrate on anything else other than making an offer. But without pre-approval, that dream home is far less likely to become a reality. Making an offer on a home without first...

Should you consolidate your loans into your home loan?

Should you consolidate your loans into your home loan?

Minimum payments, due dates, penalties, debt collectors – dealing with multiple debts can be complicated and overwhelming. You may have a mortgage, a car loan, credit cards to pay off, or other personal loans. It’s easy to feel as if you’ll always be struggling to pay...

Leveraging your home to buy commercial property

Leveraging your home to buy commercial property

When you think of property investment, you probably imagine buying a house or unit and renting it to a nice young family or older couple. Most people don’t think about investing in commercial property. Buying commercial can be a worthwhile investment. In some ways,...

The benefits of trauma insurance

The benefits of trauma insurance

When you’ve just had a serious medical event, money is the last thing you want to think about. But day-to-day life doesn’t stop, even for heart attacks and cancer – you still need to find a way to pay your mortgage and utilities, not to mention all the day-to-day...

Do you need income protection insurance?

Do you need income protection insurance?

When you think of your assets, you probably picture tangible things like your house, car, boat or maybe some particularly valuable jewellery. But most people have one significant asset that isn’t so visible – earning power. Over your lifetime, your income will add up...

First time home buyers guide

First time home buyers guide

What you need to know Looking for your first time home is equal parts exciting and nerve-wracking. The thought of getting into your own place is thrilling but spending your savings and taking on a huge mortgage is daunting. And that’s before you even start to think...

Protecting your biggest investment

Protecting your biggest investment

Why first-home buyers need mortgage protection insurance Your first home is usually your first big investment. Whether you buy a relatively cheap do-up or a flashy apartment, you’re likely to be taking on hundreds of thousands in debt and entering into a +25-year...

Getting a construction loan for your dream home

Getting a construction loan for your dream home

Whether you’re looking for a way onto the property ladder or downsizing for retirement, you probably have a wish-list and a certain image in your mind when you think of the perfect home. But finding a property to match isn’t easy. Every home you view will have upsides...

Could a non-bank mortgage work for you?

Could a non-bank mortgage work for you?

When most people decide to take out a mortgage, their first stop is the bank. This may be because they trust a bank to manage such a significant loan, they believe that it offers the best options and rates, or they simply lack knowledge about other options. Banks do...

Understanding Life insurance premiums

Understanding Life insurance premiums

Why premiums rise as you age – and what to do about it Life insurance can be frustrating. You pay your premiums for years even though you hopefully won’t need insurance for a long while, and when it does pay out, you’re not around to see the benefit. Worse, most life...

Remortgage NZ – Another look at your home loan

Remortgage NZ – Another look at your home loan

Making changes to suit your life When you sign the papers for your first mortgage, it feels as if you’re committing to your lender for the next thirty – or more – years. But that’s not always the case. While many people stay with their original lender for the term of...

Sorting things out after a marriage separation

Sorting things out after a marriage separation

What happens to your mortgage when you split? Separating from a partner or spouse is always painful. If you own joint property and have a mortgage, it can be even more complicated. Sorting out who will stay in the family home, who will pay the mortgage, and what will...

Small Business loans? Do you really need one?

Small Business loans? Do you really need one?

How much should you borrow? If you’re running a business and you’ve reached a barrier – a chance to grow that requires capital, or a severe dip in your profits that needs a bail-out – you may feel you need to take out a loan. Before you rush off to the bank, stop and...

How to use your home’s equity to consolidate your debts?

How to use your home’s equity to consolidate your debts?

Debt is a fact of life, and it’s growing. Many New Zealand families struggle to make ends meet because of their various debts. Credit card debt in particular can build quickly when the bills must be paid, and the cost is crippling, ongoing and stressful. Juggling...

Mortgage Advisor – Setting the pace

Mortgage Advisor – Setting the pace

As the current OCR rates have changed and lowered to the new-found rate of 1.00 % as at 7th August 2019. What can this mean for you as a customer and your pocket? As people become more and more digitally savvy there comes a point where financial meets digital. People...

Is property still a smart investment in NZ ?

Is property still a smart investment in NZ ?

Property has always been one of the most popular forms of investment for New Zealanders. Buying a house or unit to rent out seems to appeal to Kiwis, perhaps because it’s more tangible – and easier to understand than shares or term deposits. In the last few decades,...

Let’s talk about mortgage interest rates

Let’s talk about mortgage interest rates

What’s the impact of the Reserve Bank’s capital proposal? The Reserve Bank of New Zealand (RBNZ) – and interest rate predictions – have been hot topics since the end of May. Public submissions on RBNZ’s capital review proposal closed May 17, sparking a lot of debate...

Fixed rate vs revolving credit

Fixed rate vs revolving credit

How to cut your home-loan term in half As a homeowner, you’ll know getting a mortgage isn’t a set-and-forget deal. Depending on how your home loan is structured, you’ll more than likely review it every year or two. Perhaps you’re in a position now where you’re about...