FAQs | Mortgage Match NZ

FAQs

What is a mortgage broker/ advisor?

A mortgage broker is a person or company who acts as a financial adviser and an intermediary between yourself and lenders (like banks). Their role is to help customers like yourself find the best home loan deal for your situation, offer financial advice and guide buyers through the home loan application process.

What does a mortgage broker do?

Mortgage brokers can help you navigate every step of the homeowning process- from finding the best rates, tailoring home loans to suit your situation and finalising the application.

How does a mortgage broker get paid?

The mortgage brokers we work with charge no upfront fees and only get paid lender commission when your deal reaches completion.

Why should I go to a mortgage broker instead of going to the bank?

Why spend however many hours researching when you can go to an expert who has all the information right there at their fingertips? According to a Consumer NZ survey done in 2017, 51 per cent of customers who had seen a mortgage broker in the previous five years were "very satisfied" with their service. Like lots of changes in life, an increasing number of people are choosing to see a mortgage broker because of the time it saves.

Are your mortgage advisors licensed?

We work with registered financial advisers who are licensed and qualified to provide you with advice on mortgages and your financial situation.

How much can I borrow?

This will depend on your income, assets, loans and credit history. Once you get matched with a mortgage broker, they can work out how much you can borrow to give you a clearer picture.

What is a Pre-Approval?

Is an indication of how much you can borrow for a home. By getting a pre-approval before you look at properties, you have the power to confidently bid in auctions and negotiate with sellers.