first home

6 Tips to Help You Save

These 6 Tips apply to first time buyers and anyone wanting to buy additional property! 🏡🏡🏡

➡️ 1. Make a budget: jump online or talk to an Advisor (that's US) about what your affordability looks like in terms of loan size. Then assess your income vs expenses to figure out how much you need to save for the deposit.

➡️ 2. Stick to your aforementioned savings goal and budget! We found apps like PocketSmith super helpful when we were saving -

➡️ 3. Sort your personal debts out. Banks are far more likely to loan you $100,000s of dollars if you have little to no short term consumer debt. If you have any debt with collections agencies pay this off first and ASAP. If you have other short term debt consider consolidating it into one loan (we can help you with this also) and make sure you are consistent with your payments to show the bank you can address and handle debt.

➡️ 4. See what help you can get - do you qualify for any grants? Kiwisaver withdrawals? Do you have parents who maybe able to gift you some funds? Or if you currently own a house do you have equity you can access?

➡️ 5. Start now! Best times to start saving was years ago or NOW!

➡️ 6. Look at non bank lenders who may have different criteria to your traditional banks.

➡️ Bonus tip - speak to an unbiased expert A.K.A a Mortgage Advisor 👋👋👋 


Why 2017 will see more people using a mortgage adviser

2016 was an outstanding year for the mortgage industry with interest rates hitting an all-time low, making it a labyrinth for New Zealanders to borrow. Constant changes to lending have been a contributing factor to why more and more people are using a mortgage adviser when it comes to purchasing real estate. You want someone who can help maximise your chances of securing the property you're after with minimal work involved. With so many different options out there, why are mortgage adviser services now more sought out than ever?

We do the leg-work

Being in the market for property can be an overwhelming experience at the best of times, and having someone do all the research, negotiation and working out the nitty-gritty of the paper work can make a world of difference. In fact, for most, that is all the difference. Having an adviser do the groundwork will both facilitate the process and save the time that most of us don’t have, these days.

Using a mortgage adviser, means having an expert who is familiar with the market and because they know what each lender looks for [and doesn’t], are in a position to give the borrower a more tailored solution to their circumstances and needs. We know the ins and outs better than anyone as we are doing this stuff on a daily basis with multiple banks and lenders.

The relationship

The relationship with a mortgage adviser is a long-term one. Long after the exchange of documents and settlement, we are still there to support, answer questions or even assist with another property. Because purchasing real estate is a long-term investment, it’s important to know that there’s a trusted adviser right there, all the way.

Ultimately, a mortgage expert is there to provide unbiased advice, independent of any bank or financial institution. Our role is to educate and always have you, the customer’s, best interests first.