In the last 12 months , youhave earned $95k as anindividual or $150kcombined or individual with dependents.
Lenders mortgage insurance fee of0.5% of the loan value. This can beadded to the loan.
Be an ordinarily resident inNZ: Hold current NZresidency, have lived herefor 12 months.
Under the First Home Loan,you have access to thebanks current special rates,the same as someone with20% deposit
Be a first home buyer or bein a similar financial positionto a first home buyer
Banks offer a small cashcontribution for FirstHome Loans to help paysome of the legal costsassociated with buying ahome
Had your home loan with your current lender more than 2 years?
Got a fixed rate expiry coming up
More than 20% equity in your home
Limiting the fees associated with refinancing so you can obtain the best deal available
Up to 1% cash, up to $20k cash
Competitive interest rates
Free legal transfer, saving you up to $2,500
Banks compete for new customers, often offering better interest rates and cash than they would if you were just re-fixing with your current bank.
Once the application is approved and unconditional, we then negotiate pricing from the chosen bank/s and have a discussion on interest rates and structure.
Making sure your mortgage is set up in line with your financial goals can save you a lot of money in the long run, so it's crucial to get it right.
First of all, we assess whether you would benefit from a refinance.
From there, we ask you to complete an online application which takes approximately 45 minutes, we will then put the application together as well as obtain indicative pricing for you to consider.
Our service is free so book a time to chat with us and see if we can help save you money!