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Archive | Blog Posts & Stories

Find out more about some of the financing solutions that a non bank broker can use to help people achieve what they want.
Here we discuss some general concepts and specific situations.

How To Stop Renting And Buy Your First Home This Year

It’s not always easy to buy your first home but it’s not much fun renting either, especially if you believe that you will remain renting forever. After being a mortgage adviser for over 20-years I know that it’s not always easy to buy a home, but sometimes you need to look outside of the ordinary
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Don’t Forget About Non Bank Home Loans

Most people would be surprised at how many people use non bank home loans already, and it is expected that they will become even more popular in 2022. The term “Non Bank Lending“, “Non Bank“, “Bank Alternatives” or “Second Tier Lenders” simply refers to those lenders who are involved in the business of providing finance,
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Don’t Accept High Bridging Finance Interest Rates

People tend to accept that bridging finance interest rates will be high, but it’s important to realise that not all bridging loans are the same. In New Zealand there are a number of banks and finance companies that can offer bridging finance, but you need to know where to go to get the best options
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Scott Needed His Tax Debt Sorted Quickly

When Scott contacted us to get his tax debt sorted out he was stressed as he watched the IRD charging interest and penalties. He admitted that he should have addressed the overdue tax earlier, but life and work got in the way. What surprised Scott was when his bank were not willing to help. Getting
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Non Bank Mortgages Become The Norm!

Most people would be surprised at how many people use non bank mortgages these days. The term “Non Bank Lending“, “Non Bank“, “Bank Alternatives” or “Second Tier Lenders” simply refers to those lenders who are involved in the business of providing finance, but are not the traditional registered banks. In the past these lenders have
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There Are More Bridging Loan Options

When you want to buy a new home before selling your existing home you may approach your bank for a loan to cover the period between buying and selling. This is known as bridging finance as it “bridges the gap” which is expected to be short term. Unfortunately your bank is unlikely to approve a
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Neil Uses A Non Bank Lender With YouOwn Co-Ownership

There are plenty of situations that require some ‘out of the box’ thinking and often the use of a non bank lender to get the desired result … the purchase of a new home. This month we had the pleasure in helping Neil get into a new home in Taranaki. A Summary Of Neil’s Situation
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Helping Andrea Get Back On The Property Ladder

Andrea has had a rough few years and wanted to get back on the property ladder. She had spoken to her bank, some other banks and had also contacted a local mortgage broker but none could help her. That’s when she decided that if she wanted a chance to buy a new home she needed
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Loans Secured By Caveats and Second Mortgages Often The Best Solution

Many of the main banks lending criteria has been tightening, and this has meant many customers are unable to meet bank requirements for a traditional mortgage top up. As a result, mortgage advisers are now looking for alternative funding options to release equity from their client’s residential or commercial properties – and a caveat or
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Getting Help Dealing With Mortgage Arrears

Kiwis often don’t know where to get help dealing with mortgage arrears. They are told to speak to their banks, but do not feel comfortable dealing with some credit person that is hidden behind an email address of 0800 number. It’s difficult to know what the banks credit people or hardship teams will do. Understanding
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Non Bank Broker