 Being a first home
buyer in these uncertain times may be a little unnerving for some
buyers, but with many years experience in mortgage finance we have
the expertise to make buying your first home as stress free as possible.
We can help you find the right loan to suit your needs, where ever
your location in New Zealand. With access to lenders such as Westpac,
National Bank, Sovereign, Public Trust SBS and more, we have many
options to choose from to source the right loan for you.
We will help and advise you on how much you can borrow, arrange
the paper work and obtain an approval quickly, so you can get on
with looking for your home.
How much can I borrow?
Your borrowing power is determined by considering your income and
financial commitments, as well as your current savings and your
credit history. Your living expenses will also be taken into account
when calculating how much you can borrow and what your repayments
will be.
How much of a deposit do I need?
You may be able to borrow up to 80% of the property's value. For
example a home worth $300,000 will require a deposit of approximately
$60,000.
What other costs will I have to pay?
As well as the deposit, you will also need to cover other costs
associated with buying a home, including:
A valuation fee
Solicitor's fees
Insurance costs (including mortgage protection)
Removal costs
Your share of any rates that have been paid by the vendor
NB: (It may be possible to add some of these costs to your
home loan) Talk to us today on 09 405 1252
or go to our 2 minute loan application and we can help you take
the first step to buying your first home!
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