Normally nothing, in fact we can often save you money. In most cases the lender will pay us a commission once your loan settles. This pays us for all the time and effort we put in for you. In some cases this may not be the case, but if a fee will be charged to you this will fully disclosed upfront.

It is advised to start your home buying journey by reaching out to a mortgage adviser. We can have a look at your situation and number and advise a path forward. From here we may be able to submit a pre-approval application for you. If you don’t fit the criteria for a pre-approval we can advise how much you can afford to purchase for and then submit an application on your behalf once you have an offer accepted. Alternatively if you’re not quite ready to purchase, we can help you make a plan to get into the position to get approved in the near future.

When you meet with a mortgage adviser we have access to multiple banks, servicing calculators and multiple lending criteria. When you meet with a bank they have access to just their calculator and criteria. We use our large suite of lenders to find the best fit for you. This could be the bank with the best calculator and criteria for you, it may mean the bank with the best offer for you, or it may be the bank that has the best banking products for you. We can also give you financial advice the bank can’t, such as how to structure your mortgage to reduce your interest costs.

As soon as you start thinking about buying a house. It’s never too early to reach out to a mortgage adviser. If you think you’re a couple of years away, or think you’re ready to buy tomorrow we can give you advice on whether you’re on the right track or if you have to make a few tweaks to maximise your approval chances.

In New Zealand you can purchase a home with as little as 5% deposit *criteria apply. Also if you have a family member that has equity available in their home and are prepared to act as a guarantor for you, you can potentially purchase with no deposit. Get in touch today and we can discuss your specific scenario and how much deposit you require to purchase a property.