December 18, 2024
Less Than 20% Home Deposit? Understanding Low Equity Margins and Premiums
Buying your own home with less than 20% deposit is possible! While 20% is the magic number for getting your...
Mortgage Break Fees: What You Need to Know
Breaking a fixed-term mortgage usually incurs break fees. These fees vary, so understanding your break fees is vital when deciding...
November 4, 2024
What do lenders look for in a home loan application?
What do lenders look for in a home loan application? When preparing to apply for a home loan, it can...
October 22, 2024
Interest Rates are Down; Time for First-Home Buyers to Get Up!
Mortgage interest rates are on the move New Zealand mortgage interest rates have been steadily decreasing since August this year....
October 1, 2024
Non-Bank Lenders: The Pros and Cons
What comes to mind when you think of non-bank lenders, otherwise known as second-tier lenders? You may think of shadowy,...
August 30, 2024
Borrowing Just Got Easier: Changes to Lending Test Rates
As of August 2024, many of the major banks and non bank lenders have decreased the lending test rate they...
August 11, 2024
Borrowing Just Got Easier: Changes to the Responsible Lending Code
As of 31 July 2024, the New Zealand Government has loosened the Responsible Lending Code rules. The changes mean a...
August 4, 2024
Can I get the First Home Loan? What you need to know
We’re all aware that, with high prices and conservative lending, first-home buyers face greater challenges than before. Therefore, it’s crucial...
July 1, 2024
The DTI Restrictions are Here – What Does This Mean?
As of 1 July 2024, Debt-to-Income (DTI) restrictions have been introduced as an additional affordability check for lenders to complete...