Young couple sitting at a table with a contract in front of them. Sitting opposite a woman with a calculator

Everything you need to know about home loans, mortgages, refinancing and more

The loan application procedure can bring up a lot of questions. Fortunately, we've got you covered. You can contact us or get all the answers you need here.

What are the steps to a loan application?

Typically there are six steps to your application process

Step 1 - First chat
We get to know you and ensure you know what we do and how we do it.  We’ll talk about what you are trying to do and whether we can help you

Step 2 – Understand your situation
We’ll gather information from you including family details, income and assets and other financial information.

Step 3 – Research and recommend
We’ll research the market and ensure our recommendation is the most competitive solution for you, and best suits your needs.

Step 4 – Lodge your application  
We’ll work with you and the lender and do the legwork to get you approved

Step 5 – Approval
Congratulations! This is what we live for.  Now you know what you can afford and have the thumbs up from your lender for what you need and when you need it. We will confirm the details with you.

Step 6 – Settlement process & being together for the long haul
We’ll also be there for you during the settlement process to keep an eye on it and let you know everything has gone smoothly.  This is just the beginning of our partnership, it’s my ambition to help your financial future thrive.  I’ll be in regular contact with you to check in and review any changes to your situation.

What will I need to provide for a loan application?

To get started, you'll need some key documents.  For all applicants, you'll need to provide photo ID, proof of income (like payslips or tax returns), bank statements, and employment details. There may be other documents we will need dependent on your situation such as mortgage statement if you already have a mortgage, financial statements if your self employed, Sale & Purchase Agreements if you have already found a property etc. Don't worry, I'll guide you through the process step-by-step!

What sort of deposit do I need?

This varies dependent on the lender and the bank rules at the time. Typically it’s best to have a deposit of 20% of the property's value as your deposit if it’s a home you are going to live in however there could be options if you have a lower deposit. As your mortgage adviser I'll explore various options and find the best fit for your situation ensuring you're well-informed and empowered throughout the process. Let's work together to get you closer to owning your dream home!

What costs can I expect when buying a new home?

There are some costs to keep in mind.  You may encounter expenses like application fees, legal fees, building inspections, valuation costs and more, you will also need to consider insurance, and moving costs too.  I'll can help lay out all these expenses and help you plan for them. My goal is to make sure you're fully prepared and excited for your exciting journey of homeownership!

How much can I borrow?

The amount you can borrow depends on a few factors, like your income, credit history, existing debts and bank test rates. I'll crunch the numbers and figure out your maximum borrowing capacity, that way you'll have a clear picture of what's feasible for your first home, investment property, or any other real estate ventures you're planning. Let's work together to find the perfect loan that fits your financial goals!

Is there a cost to use a mortgage adviser?

Working with a Mortgage Adviser normally won’t be a cost to you as the banks generally pay us a commission.  There may be a fee involved if we don’t get paid by the lender which is all explained in my Disclosure Statement which is made publicly available on our website. If there is any cost to you this will be explained and disclosed up front before we start working for you.

Why use a Mortgage Adviser

You don’t know what you don’t know.  We are specialists when it comes to home loans, the process of purchasing property along with tips and tricks, knowing the products, services and up-to-date offerings of all the banks.  Lenders change their appetite and offers sometimes daily so it’s impossible to keep up if you don’t live it and breath it like we do. 

Are you ready to unlock your financial future?

Night view of the Auckland skyline