Tag Archives | Bridging Finance

Bridging finance is term used to explain short-term finance to “bridge” a gap when a bank will not provide a standard mortgage. Often this is to provide finance when you have purchased a new house but have not yet sold or been paid for the existing house.

Mortgage Broker Explains How Bridging Finance Works

As a mortgage broker I often get asked for bridging finance but those asking often do not understand what bridging finance is, so I decided to write this blog post to help explain how bridging finance works and when it is an option that brokers may use. The most common purpose for a bridging loan is
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Debt Consolidation Saves Money For Hawkes Bay Couple

Having been recognised as a specialist non bank broker I now get contacted from people all over New Zealand looking for help to tidy up their finances. This week it was a couple from Hawkes Bay that needed some help. They had a mortgage with a credit union but also had a lot of short-term
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Aaron’s Successful Mortgage Rescue Story

Last week I was contacted by a very concerned man who needed a mortgage rescue. He left his job last year and set up his own business and while things have been ticking along quite well, a few months ago he had done a large job, was paid the 50% deposit but is still waiting
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Bad Credit Doesn’t Stop This Lady Owning Her Dream Home

Being a mortgage broker can lead to some very satisfying stories – times when we can help people into their dream home even when sometimes the odds seem stacked against them. What is your dream home? What is stopping you owning a home like that? I recently met one lady that had a dream home
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