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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.

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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You Can Get Bad Credit Mortgages

Bad credit mortgages are possible, but not from your bank. If you have some bad credit you may leave the bank disappointed that they cannot help, even when you have banked with them for many years. They don’t ask why … they just say “NO” your application is declined and your dream is over. Don’t
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Justin Takes The 2-Step Approach To Buying A Family Home

It was a year ago when Justin first approached us to ask about arranging finance for buying a family home. It was not a straightforward application due to two defaults listed on the credit report, and income was marginal too. But we were determined to see if we could arrange the finance so Justin could
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Are You Looking For A Small Business Loan?

In times of uncertainty we often get asked is we can help arrange a small business loan. Of course, at times like this when the finance is needed the banks can make getting a business loan quite difficult. They will give you money when business is good and you don’t need it, but when times
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