Mortgage A to Z

Is renting cheaper than a mortgage, and is buying a home worth it?

Mortgage Calculators

Let’s be honest, buying a home and paying off a mortgage isn’t exactly a walk in the park. If it were, everyone would be doing it, right?  In the short term, your mortgage repayments, plus rates and insurance, will probably be much higher than your current rent, which could stretch your budget a bit.  Mortgage […]

Putting in an offer on a property

Maz services

When you find a house within your budget that meets most or all of your needs, you’ll probably want to make an offer. An “offer” is a formal step you take, documented on a sales and purchase agreement (some real estate agencies may have their own procedures). The first step Typically, you would contact the […]

How Do Banks Assess Your Mortgage Application?

about Maz

Knowing how a bank assesses your mortgage application and what they’re looking for gives you more power to get your application in order. Banks assess your application using the 4 Cs: Capital, Capacity, Character and Collateral. Get these right and you’ve boosted your chances of approval. Capital Have you got enough skin in the game? […]

How to put in an offer on a property: A step-by-step guide

Here’s a brief summary of the first home buyer process: Check your affordability | House hunting | Making an offer | Due diligence | Confirm or withdraw | The finer details | Settlement Step 1: Check your affordability Can you afford this house? Start by meeting with a mortgage advisor at your bank to assess […]

How much does it cost to use a mortgage advisor?

Christchurch home loans

There’s a common myth that mortgage advisors charge fees, but that’s not true.  We don’t charge you for our service. The banks pay us a commission when we help you get approved. Using our expertise means you get the best deal and maximise your chances of approval without having to figure it all out on […]