Eric Hao The Mortgage Broker

25/03/2026

Absolutely ecstatic to be part of the Newpark Home Loans 2026 Samoa Conference, and coming home with the "Business Growth Award". The Star Mortgage team has worked tirelessly across 2025 and to be recognised by our own Aggregator and peers was absolutely heartfelt.

A huge thank you to:
Sreenivasan Gopalan, Andrew Chambers, Chris Stevens, and Richen Prasad.

As well as a thank you to the sponsors:
Westpac New Zealand, Bank of New Zealand, ANZ, ASB Bank, Kiwibank, Avanti Finance, Prospa, Pepper Money ANZ, Xceda Finance Limited, Basecorp Finance, Finbase, Conrad Funds Management Limited.

15/12/2025

Always thought about buying an apartment?
But dont know where to start?
With as little as 5% Deposit, you can be approved and move into your new home sooner than you think.
Reach out for a chat, 0273190555 (Eric).
"Your Apartment Finance Experts."
www.starmortgage.co.nz

07/12/2025

Absolutely ecstatic to be shortlisted as one of the finalists for the "First Mortgage Trust / New Adviser of the Year Award".
Thanks to all who nominated, this truly is a great reflection of trust from all my customers, Thankyou.
Fingers crossed at the Awards dinner on 12th March 2026.😁

The annual event takes place 12 March 2026 in Auckland

27/08/2025

Yes & No, as long as you have a exit strategy. I have approved a 30 year Home Loan for a 69year old applicant. Conversely approved at 15year home loan for a 50year applicant.

Solution:

What’s an exit strategy you ask, its detailing how you plan on repaying the mortgage once you reach your desired retirement age. The old answer of “I’ll work till I drop dead” just doesn’t cut it for the bank nor does it meet CCCFA compliance.

How can I Help?:

We as Mortgage Advisers have a duty of care, and responsibility to you, as such we help to structure your home loan term, and repayment term to reflect your current needs, as well as better position your mortgage for retirement.

Call me today on 027 319 0555 or send me a DM and we can get started

20/08/2025

This could be you

I can help, call me today on 027 319 0555 or send me a DM and we can get started

23/07/2025

NEW Non-Bank Deal Settled

Didn't know there were other options other than banks?

I can help, call me today on 027 319 0555 or send me a DM and we can get started

09/07/2025

Whats the risk? 🤔

If something turns out to be wrong, the buyer has no comeback. Why? Because the building report wasn’t prepared for them, the inspector owes them no duty of care.

What about a LIM Report, well if its dated 3 months ago can we still use it? Yes, but the risk is that any further updates from council would not be captured in the 3 month old LIM report and therefore you are basing decisions on outdated information. This will hinder your efforts in the event of any claim against the vendor.

What should we do? – always commission your own Building Report and LIM report, that way you trust the source its derived from and the validity of the information therein. Yes it will cost you money, but better now than an unforeseen issue down the road that can amount to even more.

Have more questions? I can help, call me today on 027 319 0555 or send me a DM and we can get started

18/06/2025

Thinking about a KaingaOra first home loan?

What they don’t tell you:

- A registered valuation is required for all Kāinga Ora First Home Loan applications

- If the valuation raises concerns or the Sale & Purchase Agreement requires a building report, one must be obtained

- The building report must be reviewed by both the lender and Kāinga Ora

- Any issues identified must be quoted, and repair costs must fall under the $10,000 cap

- Repairs must be completed within six months of purchase

- Once completed, repairs must be confirmed back to the lender, who will notify Kāinga Ora

- The valuation must include five recent comparable sales within 10km of the property, sold within the past six months—otherwise, it may be rejected by Kāinga Ora

Have more questions? I can help, call me today on 027 319 0555 or send me a DM and we can get started

11/06/2025

What do you mean 50%?

Remember of the $640, only $130 reduces your loan, well $65 is 50% of the $130 and guess what, 100% of the $65 goes towards reducing your loan.

In other words, of your new repayment amount of ($640+$65=$705), $510 goes towards interest and $195 goes towards reducing your loan. Crazy aye????

Want to learn more? I can help, call me today on 027 319 0555 or send me a DM and we can get started

04/06/2025

Call me today on 027 319 0555 or send me a DM and we can get started

21/05/2025

Are you feeling a bit stuck trying to get a home loan? I can help

Call me today on 027 319 0555 or send me a DM and we can get started

02/04/2025

Any of these sound like you? I can help

Call me today on 027 319 0555 or send me a DM and we can get started