Home Loan Factory Mortgage Advisers

11/03/2024

By how much do you think a credit card with a $10,000 limit could reduce your mortgage borrowing power?

$10,000 less? $20,000 less? $50,000 less?

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply )

08/02/2024

Banks often give client's money, simply for taking out a loan with them.

Here's your guide on how it works and why banks offer this.

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) What is Cashback? Cashback, also known as a cash incent

04/02/2024

It's very easy when buying a home to concentrate on the things we need right away. Moving, meeting the bank, organising things with your solicitor.

Make sure that you strongly consider getting a will - we recommend this for anyone who owns a home or has sizeable assets.

Get a 15% discount on your will from Footprint with the code HLF at the checkout.

01/02/2024

If you've been with your bank for a while now, it can be worth looking at what other lenders have to offer. Here's 5 reasons that refinancing your home loan may be an option worth exploring.

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) Firstly, Let’s make sure we’re using the right terminology.

28/01/2024

Monolithic properties can often come across as great value, but here's what you need to know from a lending perspective before you sign.

Definitely talk to your broker and lawyer before moving ahead with this type of property.

Monolithic properties, also sometimes referred to as ‘leaky homes’, refers to a type of construction where the exterior walls are covered with textured plaster. Commonly found in homes built during the late 1980s, 1990s and early 2000s, monolithic cladding was initially popular for its low cost,...

25/01/2024

Not all land and property types are as good as each other. Here's a guide on the different types of property in NZ.

Understanding the nuances of different property types is crucial for making informed buying decision. In New Zealand, various forms of property ownership exist, each with its own set of rules and considerations. This article explores the most common property types in New Zealand, as we as pote

21/01/2024

Knowing how much your home loans will cost is an important part of putting together a home buying budget.

See our guide and calculator here on how to do just that.

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) When buying a home, it’s important to make sure that we know the financ

18/01/2024

If you've already owned a home, that doesn't necessarily mean that you can't use your Kiwisaver towards deposit or receive the First Home Grant.

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) Although Kainga Ora’s products are intended to help those get into thei

14/01/2024

Finding out how much you can borrow is an important part of buying your home.

Here's a handy guide with some rules of thumb.

Take our quiz and we'll let you know how your situation stacks up.

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) Often the first question clients ask is ‘How much can I borr

11/01/2024

Before speaking to us, a lot of clients believe they must have a 10% or even a 20% deposit.

This isn't always the case, often we can help you buy your first home with as little as 5% deposit.

Take a look at your Kiwisaver, add in the Kainga Ora First Home Grant, and if you have a 5% deposit, you may be ready to go!

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) Deposit is a big factor in determining our options. But that d

07/01/2024

Lots of clients we talk to were originally considering going directly to their bank for a loan.

Here's why you might want to look at using a mortgage adviser like us, and how it can save you time and sometimes a lot of money too!

A lot of people I work with have never worked with a mortgage adviser before and are under the understanding that it must involve some additional cost. After all, nothing in life is free, and an extra middle man would only add to costs, right? It’s a perfectly logical conclusion, but thankfully fo

04/01/2024

Account conduct isn't the same as your credit score, but it can have just as big an impact on your chances of approval.

Take a look at our guide to see how banks view your bank account management

Disclaimer: The below guide is general in nature and do seek individual financial advice to see how this applies to your situation. Our experienced advisers are on hand to help at no cost to you ( T’s and C’s apply ) The journey to mortgage approval involves more than just a cre