Sep 7, 2018

Mortgage Broker vs the Bank - what's the difference?

     When you think of borrowing money your initial reaction is likely to be to picture a bank. Not only are they a great place to store your hard-earned cash but they also have funds that they can lend, perfect if you want to buy a house!

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Aug 21, 2018

How Home Equity Loans Work

Home equity is a large asset to most people which sits there untapped, and in a housing market where prices have risen, it could be a larger sum than you thought. To explain home equity, how it works and what you can do with it we'll first look at...

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Jul 16, 2018

How to reduce your home loan 101

Your home loan, or mortgage as it's more commonly called, is often the most daunting part of getting on the property ladder. Looking at your bank accounts and seeing a sum in the hundreds of thousands is pretty shocking for most and can take a...

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Jun 19, 2018

First home buyer - how much can you really afford?

Having spent hours pouring over the property magazines, and spent many evenings browsing TradeMe you've probably found a bunch of houses that you would love to call home.

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Jun 6, 2018

Self-employed?  Three ways a mortgage broker can help

Are you self employed, work as a contractor, or rely heavily on seasonal work as your main source of income? Not everyone has a full time job with steady income hitting their pockets each week, therefore applying for a home loan can be a challenge. ...

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Apr 10, 2018

How you can help get your kids on the property ladder

As we are all aware it has become harder and harder for young people to purchase their first home. The struggle of increasing house prices,  the level of income compared to deposits required, high rents and the current loan to value ratios imposed...

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Apr 6, 2018

What is a mortgage broker?

Are you taking the first step into purchasing your first home but have no idea where to start? When you think 'mortgage' you think of borrowing money.  And where do you typically go to buy money ?  Your bank.  There is nothing wrong with going to...

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Mar 7, 2018

Top 9 things you need to know if you’re thinking of building a home!

Building a home is an amazing adventure in its own right.  The joy of choosing your ideal layout, finishes and personal touches  is only the start of why thousands of kiwis choose to build their home every year.    

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Feb 16, 2018

Why you need Mortgage Insurance when buying your first home

Many of us don’t consider the importance of mortgage insurance until it’s too late.  As with your rates and home insurance which are both compulsory, you should be factoring in a budget per week to cover personal risk insurance like: Life Insurance,...

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Jan 11, 2018

Has your mortgage application been declined by the bank?

There are many reasons why a bank could potentially decline your mortgage application.  Even after the big rejection from the bank a Mortgage broker could still help you secure your first home. At Stephanie Murray Mortgages we deal with situations...

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