by admin | Jul 24, 2023 | Uncategorized
6 key things borrowers forget when managing their home loans. Banks’ cross securitise property Meaning if you own multiple properties and have all the lending with one bank, chances are they are ‘cross securitised’. So, all the loans are secured against all the...
by admin | Jul 24, 2023 | Uncategorized
Making The Most of Every Dollar: Ten Tips On How To Thrive In A Recession The recent news that New Zealand has officially entered a recession, with the economy shrinking 12.2% in the three months to June, is worrying for everyone. Now is the time to get your finances...
by admin | Jun 29, 2023 | Uncategorized
Glossary of terms Part 3 Low Doc or No Doc Loans Also could be known as ‘Self Cert’. Commonly used for self-employed people who do not have their financials readily available and self-declare what their income is. ‘No Doc’, also known as Asset Lend where no proof of...
by admin | Jun 29, 2023 | Uncategorized
Glossary of terms Part 2 Conditional Agreement An agreement with conditions that must be met before everything becomes final. Both the buyer and the seller can put conditions in the agreement. Buyers often ask for conditions about checking the Certificate of Title,...
by admin | Jun 20, 2023 | Uncategorized
How to Choose the Right Financial Advisor for You Securing a mortgage and buying your first home is often considered to be one of the most stressful events in a person’s life. I know first-hand from listening to new clients just how frustrating it can be, going back...
by admin | Jun 3, 2023 | Uncategorized
Glossary of terms Part 1 The lending world is full of jargon and technical terms, below is the first part of our series helping you with some of the tricky stuff… Accrued Interest Interest calculated but not yet added to the loan. Amortisation Systematic repayment of...
