Mortgage brokers setup loans for clients from banks or other lenders. They are generally paid by the banks and so normally do not charge a fee to you.
A mortgage broker who is a member of the New Zealand Mortgage Brokers Association, has relationships with at least five lenders. This ensures that you get advice which is independent from any one lender. They generally know the lending criteria for different banks, and know the various loan products out there. This means that you don’t have to become an expert on mortgages, just to buy a house.
A good mortgage broker can also end up saving you money, by ensuring that you receive maximum contributions towards your setup costs and by ensuring that you have the right pricing and the right mix of fixed and floating borrowing to cater to your possible future needs.
Contact us today to make an appointment with a broker or complete an enquiry form to start the process.(Link to submit form) |
