Feeling overwhelmed with everything you need to do to apply for a small business loan? There are a number of aspects you should think over before you apply for a loan. From upgrading your technology to moving to new premises, Mortgage Masters understands how much impact a small business loan could have in helping your …
Are You Ready to Apply for a Small Business Loan? Read More »
There’s a lot of new information to consider when it comes to choosing the best business loans for small businesses. Read the Mortgage Masters guide to see questions you should ask a potential loan broker. The Future of Variable and Fixed Rates? Usually when comparing loan options, the main point of difference is their interest …
3 Questions to Ask Before Getting a Small Business Loan Read More »
Simply put, equity is the value of your property after subtracting the amount you owe on it. If you have paid a decent portion of your loan or if your home has increased in market value, you can use the existing equity in your property to purchase an additional property, renovate your home or fund …
If you’re thinking about purchasing your first home, an additional investment property or want to refinance an existing home loan, you may be considering whether you should opt for a fixed or variable home loan. There are a multitude of factors to consider. It’s very difficult to predict what might happen to interest rates and …
Saving for a first home deposit can be hard work. We all know the key to getting there is by spending less than you earn and to keep track of your savings in general. It’s easier said than done though, so here are some tips to help you save money and craft the perfect budget …
Whether purchasing your first home or buying another investment property, deciding to take out a home loan isn’t something you should rush into. Before you make the decision, be sure to consider the points below so you can be safe in the knowledge that you are borrowing responsibly. Understand Your Obligations It’s important that you …
Purchasing a home is a significant financial commitment that, for most of us, requires borrowing a significant portion of the property value. However, securing a home loan can be challenging for some home buyers. They may research different property and mortgage options before settling on one only to be declined by the bank. If this …
Turned Down By a Bank? A Broker Can Get Your Mortgage Approved Read More »
As a first home buyer, one key decision is between buying vs. building. First homes are special places you work hard for and it’s understandable to want to truly be yours. However, there are pros and cons to consider with each option. Whether one is better than the other often depends on where you want …
When buying your first home, it’s easy to get swept up in the excitement and make mistakes. Even if you’ve done your research and have a good understanding of the property market, there’s a lot to consider. Below, we look at some common first home buyer mistakes to avoid. Not Getting Pre-Approval Many first home …
If you need to get a home loan, you can generally go about it in three ways – applying directly with your bank, consulting a mortgage broker or shopping around for a loan yourself. Many Kiwis go with a major bank as it seems like a safer option because they are familiar, trusted and you …
What is the Difference Between Bank and Broker Loans? Read More »
