Most people assume their bank will tell them everything they need to know about getting a mortgage.
And to be fair, they'll absolutely help you apply for a loan.
But there's one important thing worth understanding.
Your bank can only advise on the products and policies available within their own organisation.
That means there may be options, strategies, or lender alternatives that never make it into the conversation.
Most people assume borrowing power comes down to one thing: income.
The common belief is simple. Earn more money and you'll be able to borrow more. While income certainly plays an important role, it's only
one piece of a much larger puzzle.
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Saving a first-home deposit has become one of the biggest hurdles for buyers entering the property market.
While many people can comfortably service a mortgage, pulling together a sufficient deposit often takes years. That's why family support is
playing an increasingly important role in helping first-home buyers get across the line.
Live webinar. We're joined by two of Kiwibank's economists — Chief Economist Jarrod Kerr and Alexandra Turcu — for an honest hour
on where the New Zealand economy is actually heading.
Register now.