It’s best to get in touch with us directly so that we can tailor the right advice to you and your circumstances.
But, we understand you may want a general idea of how the home loan process works, especially if you’re a first home buyer – so we’ve put together 6 steps of the home loan process to guide you.
1 // Get in touch with us
We meet in person, or virtually, to discuss how we can help you. We’ll talk about your current financial situation and work through your goals. We’ll walk you through the information we need, our recommendations and give you time to consider your options.
2 // Gather your information
Now’s the time for you to gather all your supporting information. This usually includes photo identification, confirmation of your income, bank statements, details of your deposit, your financial liabilities and your current household budget. We’ll let you know exactly what information you need to provide, and why.
3 // Complete your mortgage application
We’ll send you an application form through our online app or we can fill out the application together. This includes information about your financial situation and documents like your payslips and bank statements, to prove it.
4 // Seek pre-approval from the bank
It’s best to seek a pre-approval from the bank, so you know your budget before you start looking at property. We’ll talk to you about the best bank to apply with and then prepare and present the application on your behalf. Once pre-approval has been given you can start looking at property with clarity and confidence.
5 // Complete final approval conditions
You’ve found the right house, and you’ve signed the sale and purchase agreement. You’re starting to feel excited. We’ll help you work through the final stages. This may include organising final bank conditions such as builders’ reports or valuations.
6 // Bring on settlement day
Congratulations. It’s the day you’ve been waiting for. You’re finally getting the keys to your new home. Don’t forget, we’ll continue to help you manage your loan into the future. We’re here to support you throughout your property journey.
You are our priority
Whether you’re in the market for your first home, home renovation, building your dream home, downsizing after your family has spread their wings, or you’re an aspiring or seasoned investor – we are here for you. We also aim to save you money on your existing loan.
Our advice is trusted, professional and personal. You’ll get the right advice for your situation both now and into the future.
Have a few unanswered mortgage questions? Read our FAQs or get in touch with us.
Office Location Pauatahanui, Wellington. We work with clients across New Zealand.
Email us rhonda@themortgageadvisor.co.nz | nicky@themortgageadvisor.co.nz
Call us Rhonda Mills 027 482 0871 | Nicky Ferguson 027 292 3387
