How can I get free advice from a qualified mortgage adviser?
A lot of people I work with have never worked with a mortgage adviser before and are under the understanding that it must involve some additional cost.
After all, nothing in life is free, and an extra middle man would only add to costs, right?
It’s a perfectly logical conclusion, but thankfully for us and for you, not correct.
What is a mortgage adviser?
Mortgage advisers, in the past we were called mortgage brokers, are licensed industry professionals, whose job it is to connect borrowers and banks to make sure the clients get the best deals.
We do not work for the banks, we work with the banks. We are fully independent.
How do mortgage advisers get paid?
We are paid a commission from the bank when the loan settles and some banks pay an ongoing monthly trail. This means that we have some financial incentive to get you a loan and we work hard to make sure we have tried all avenues to get you the best deal possible.
As long as you meet these 3 simple criteria we will not charge you a penny. In the case we have to charge, we will get your written permission with exact costs before going ahead with the application.
If I don’t pay you, where do the costs get added on?
That’s the great part - they don’t!
And we have been regularly able to get better deals than going to the bank directly. This is because we have oversight of all the banks advertised and non-advertised rates, giving us the leverage to be able to get you a better deal.
Our commission comes from the bank’s profits.
Why would I go to a mortgage adviser when I can deal directly with the bank?
A very common question that we follow up with another.
If you only go to one bank - how do you know you’re getting the best deal?
Not all banks are the same, they have different income requirements, preferred customer lending profiles, deposit requirements, fees, rates, charges, policies - and that can change from week to week and offers come and go.
We have oversight of many different lenders and can put an application together to get you the best deal on the market at any given time.
Plus, you get
Our years of home buying experience
Access to our industry contacts
A guide through the whole home buying process from the first phone call to getting the keys to your home - and ongoing help throughout the years
A full financial health check, and great advice on how to best structure your home loan. It’s not just about your rates, the right structure for you could knock years off your home loan
Which banks and lenders can Home Loan Factory help me get a home loan with?
ANZ
ASB
Westpac
BNZ
TSB
Kiwibank
SBS
Sovereign
Co-operative
China Construction Bank
Bank of China
Unity (Formerly NZCU)
And many more other lenders. We also have access to Kainga Ora schemes via some of these lenders.
Ok, I would like free help* from a Home Loan Factory mortgage adviser. What are the next steps?
There are 2 ways to get in contact with us. Either call of email one of our team, or complete the quiz and we will aim to come back to you within 1 working day.
