Articles In ‘Lending’ Section
Property Partnerships a Smart Way to Home Ownership »
As house prices continue to rise, particularly in Auckland and Wellington, it is becoming increasingly difficult for single people to purchase a dwelling. One hundred percent, no deposit mortgages, or even 95% low deposit home loans have all gone. Another alternative for two people, be they friends or siblings, is to form a property [...]
Lo Doc 75 »
Last week an application for a long term self-employed borrower with clean credit, a strong deposit and very good bank account conduct was presented to one of our specialist lenders. They did not require GST returns as the applicant was not in a GST registered profession. They approved a $450,000 mortgage over a residential property being [...]
