Otago Mortgage Advice

Buying Your First Home? Our Otago Mortgage Advisers Can Help

Purchasing your first home is a big decision and it’s important you take the time necessary to do it properly. We help guide the process with our home loans expertise in finding just what works best for you.

This is one of the biggest financial commitments of your life and will influence your future plans for years to come. We encourage you to do plenty of research and consult with our professional mortgage adviser service.

If you’re on the lookout for your first property in the Otago area or beyond, we can help. Your mortgage adviser offers first home buyers a service to provide careful planning and sensible mortgage advice that will take some of the stress out of new homeownership.

We are well-positioned to answer your questions, such as:

Time to Move Into Your Next Home?

Whether you are looking to downsize, or simply buying another home – there are a few more things to consider when taking out another home loan.

Industry Changes

Changes in the New Zealand market and banks’ interest rates since buying your first home may mean an array of new lenders’ mortgage offers to consider. Now is the perfect time to review your mortgage with our mortgage service and make sure you are getting the best deal possible.

Our mortgage advisers in Otago will also be able to answer any further questions you may have such as:

Starting or Expanding Your Investment Property Portfolio?

If you’re considering purchasing your first rental property or adding to your existing property portfolio, as your Otago mortgage service we can help ensure your investment finance is suited to your budget, along with the future needs of your investment strategy. We address questions like:

Property Investment Finance

Our mortgage advisers will approach the major banks on your behalf to secure a great deal with minimum fees. Our Mortgage Link advisers will help you navigate the complexities of property investment finance with confidence.

Thinking of Renovating?

Making improvements to an existing property is a popular way for New Zealanders to create their dream homes, while increasing the value at the same time. A great way of funding the alterations could be to top up the mortgage.

Value of Renovations in Otago

Whether you are looking to downsize, or simply buying another home – there are a few more things to consider when taking out another home loan.

The size and the costs involved are important factors in determining which loan to apply for. Our mortgage adviser will be able to advise which of the below options is most suitable as well as on what you are able to borrow and what your repayments might be. We’ll keep you updated with great communication as we guide you through the experience, allowing for an more enjoyable and less stressful home renovating experience.

Otago Loan Options

Your mortgage adviser will guide you through the various loan options offered by the banks:

Looking for your Dream Holiday Home?

It is the quintessential Kiwi dream to have a holiday home in New Zealand to escape to and create wonderful memories. Before jumping into buying your new bach it is important to consider the extra costs involved so your dream does not turn into a financing nightmare.

The Kiwi Dream

Our mortgage services include evaluating the value of your existing property, your intended purchase property and the amount of equity that you are holding, to help determine whether you can comfortably afford a little slice of the Kiwi dream. We then guide you through the various banks’ available mortgage options and through the next steps of the deal. Those endless New Zealand vistas of sea or mountains may not be as far away as you think!

Building from the Ground Up?

Building from scratch not only allows you to create your dream home to suit your family situation and desired lifestyle, but also helps you avoid the arduous house hunting process.

Benefits of Building

Another benefit for first-time buyers is that building a new home can provide a low deposit home loan option, as under current New Zealand Reserve Bank LVR Rules you only need access to a 10% deposit. These loans allow you to choose a section and house design and have it built using a fixed-price contract to ensure costs do not overrun.

Construction Finance in Otago

Whilst the process of building a home can be full of fun, excitement and a sense of achievement, it can also be stressful and end up costing more than expected. Mortgage Link’s mortgage advisers are experienced at finding the right construction finance for their clients and will help you with build advice. They will create a smooth and enjoyable experience and are available through the process, explaining the different types of loans available, the paperwork required by their clients, finalising the loan approval, and ensuring the progress payments work smoothly.

Growing Your Business?

We are here to try and help you achieve your business growth goals and make a profit from your commercial investment. Whether you need finance for cash flow management, investment funding, expanding your operations or the purchase of a commercial property, we can help you secure the funds to do so.

Commercial Funding Options

Our mortgage advisers (previously known as brokers) in Otago have the knowledge and experience to understand the different commercial and business loan options and features available. We are able to negotiate on behalf of our client to secure the best terms, conditions and pricing solutions available from our large panel of lenders to create a personalised plan to suit your needs.

Could Equity in Your Home Help Fund Your Retirement?

As the New Zealand population ages, many Kiwis are retiring with mortgage-free houses, but their personal savings and superannuation do not provide enough money to maintain their current lifestyle or allow for purchases such as home repairs, a new car or world travel. Equity release mortgages, sometimes called Reverse Annuity Mortgages, are designed to help maintain your standard of living and quality of life by releasing some of the equity out of your home without having to move.

Equity Release Mortgage

A Mortgage Link mortgage adviser will be able to explain clearly how an Equity Release mortgage works, what the benefits and pitfalls are, and has the tools to advise on the best terms and suggest the best lender for your equity release needs. Your advisor (previously known as broker) is also there to walk you through any extra fees, property valuation and legal advice needed before completing the agreement. We are aware that this isn’t a decision New Zealanders should make easily, and we are happy to meet with you to talk about whether an equity release mortgage is a right option for you.

Personal Loans for What You Need, When You Need it Most!

Getting a new car, going on holiday, or existing bills simply getting on top of you?

We can help you with:

Contact us today – We’d love to talk to you.

Other Services

Mortgage Link can help you get your personal finance and insurance requirements sorted. Our mortgage experts of talented, enthusiastic consultants are committed to providing you with the most comprehensive and tailored solutions to meet your lending needs.

We’re Here For You.

Our Otago Mortgage Advisers can also help you with:

Normal lending criteria and conditions apply.