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:
- Redraw or Refinance Facility
- Equity Loans
- Loan Top Ups
- Renovation/Construction Loans