Buying your first home is exciting but can be daunting
With so many mortgage options available, navigating the home buying process can be overwhelming. Your Mortgage can simplify this journey. Our expertise and extensive lender network help you find the perfect mortgage to suit your needs and secure the best possible deal.
Expert guidance
Navigating the complex world of mortgages can be overwhelming. Your Mortgage provides expert advice, tailored to your unique financial situation, ensuring you make informed decisions.
Access to multiple lenders
Your Mortgage has relationships with a wide range of lenders, giving you access to a broader selection of home loan options and competitive interest rates.
Time-saving
Comparing lenders and completing loan applications is time-consuming. Your Mortgage streamlines this process, saving you valuable time and effort so you can focus on finding your dream home.
Our first-home buyers services
Financial advice
Our team understands the home loan journey is a stressful one. With an easy application process, and a prompt and dedicated team we make your house buying journey easy.
- The best chance of approval with the markets lenders at your disposal.
- Get tailored mortgage advice to your needs and objectives.
- Complex lending and investment property solutions.
Insurance & risk advice
Getting you into debt is one thing, protecting the income required to service it, is another. We specialise in personal Life and Income covers to protect you and families lifestyle in the worst of times.
- Tailor financial advice across the markets personal insurance solutions.
- Get tailored mortgage advice to your needs and objectives.
KiwiSaver & investment advice
Saving for retirement and for your future starts with a plan. Let us assist in helping you find the right fund, and putting a plan in place to help you achieve your financial goals.
- Personalised KiwiSaver Investment advice with fund recommendations across the market.
First Home Loan Scheme
The First Home Loan Scheme is a government initiative designed to help first home buyers purchase their own homes with a lower deposit requirement. This scheme is part of a wider set of initiatives to make homeownership more attainable for New Zealanders.
Here are some key points about the First Home Loan Scheme:
To be eligible for the First Home Loan Scheme, applicants must meet certain criteria, including being a first home buyer or a "second-chance" buyer, meeting income limits, having a deposit of at least 5%, and intending to live in the property.
The First Home Loan Scheme is a partnership between the government and selected lenders, such as banks and non-bank lenders, who provide the loans to eligible buyers.
With the First Home Loan Scheme, qualifying buyers can purchase a home with as little as a 5% deposit. This lower deposit requirement can make homeownership more accessible for many individuals and families.
The First Home Loan Scheme offers various benefits, such as avoiding the need for Lenders Mortgage Insurance (LMI), extended loan terms of up to 30 years, and the ability to combine the scheme with other government home ownership initiatives like the KiwiSaver HomeStart Grant.
Applicants who have been contributing to KiwiSaver for at least three years may be eligible for additional support through the First Home Loan Scheme, such as accessing their KiwiSaver funds to put towards their deposit.
The First Home Loan Scheme aims to make homeownership more affordable for first home buyers by providing them with better access to home loans and more favorable terms compared to standard mortgage options.
The First Home Loan Scheme plays a crucial role in assisting first home buyers in achieving their dream of homeownership by providing support, lowering deposit requirements, and offering favorable loan terms to eligible applicants.
Expert Guidance
For first home buyers, using a mortgage broker can offer several benefits that can help simplify the home buying process and ensure they find the most suitable mortgage options. Here are some advantages of working with a mortgage broker as a first home buyer in New Zealand:
We have access to a variety of lenders, including banks, credit unions, and non-bank lenders. This can increase the chances of finding a mortgage that best suits the individual needs and financial situation of the first home buyer.
We are professionals who are knowledgeable about the mortgage market and can provide valuable guidance to first home buyers throughout the entire process. They can explain complex terms, assess financial situations, and recommend suitable mortgage options.
We handle the time-consuming task of researching and comparing mortgage products on behalf of the first home buyer. This can save buyers significant time and effort, especially when navigating the complexities of the mortgage market.
We negotiate with lenders on behalf of the first home buyer to secure the most favorable terms, including interest rates, loan flexibility, and repayment options.
We can provide personalised advice based on the buyer's financial situation, goals, and preferences. This tailored approach can help first home buyers make informed decisions about their mortgage options.
We assist first home buyers with paperwork and documentation required for the mortgage application process. This can help streamline the application process and reduce the likelihood of errors or omissions.
We offer ongoing support even after the mortgage is secured. They can assist with questions, concerns, or any future refinancing needs that the first home buyer may have.
By leveraging the expertise and services of a mortgage broker, first home buyers in the New Zealand market can benefit from professional guidance, access to a wide range of lenders, time savings, and tailored advice to find the most suitable mortgage option for their home buying journey.
