Buying guide

Working with a mortgage broker in New Zealand

Learn how a mortgage broker can help you through the homeownership process.

Karina Reardon
Last updated: 4 August 2025 | 3 min read
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Using a mortgage broker simplifies buying a home in New Zealand. Typically free for borrowers, they help secure home loan pre-approval by dealing with multiple lenders for you.

As expert Jarrod Kirkland of Mortgage Lab explains, an adviser offers unbiased options and crucial advice on structuring your loan to manage interest rate risk. They can also help check if a specific property meets your pre-approval conditions, providing valuable guidance throughout the entire home buying process.

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?

Author

Karina Reardon Karina Reardon
Head of Strategic Partnerships