Buying guide
Working with a mortgage broker in New Zealand
Learn how a mortgage broker can help you through the homeownership process.
AI summary
A mortgage broker can simplify the home loan process, which is why over half of Kiwi borrowers use one. They are typically free for the borrower, as they earn a commission from the lender.
Brokers act as a go-between with banks, helping you secure home loan pre-approval and find the right loan structure. They offer expert advice on managing interest rate risk and choosing between lenders. As Jarrod Kirkland of Mortgage Lab notes, a good broker guides you from pre-approval to making an offer.
Why use a mortgage broker?
What to expect from a mortgage adviser
Questions to ask a mortgage broker
Pre-approval with a mortgage broker
Jarrod Kirkland, Mortgage Lab General Manager
Mortgage Q&A with Jarrod Kirkland, Mortgage Lab General Manager
Do you pay a mortgage adviser when they help you with a home loan?
What should you bring to your first meeting with a mortgage adviser if you’re using one?
What happens next after you have pre-approval?
You’ve found the house you want to put an offer in on, what happens next?
How do people typically structure their mortgage?
How much will the loan cost if you pay it over a 30 year period?
Will mortgage rates always go up following an Official Cash Rate (OCR) rise?
If you want to pay your mortgage off faster, what kind of loan can you get?
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