Although the process of applying for home loans presents a significant hurdle for first-time homeowners, it also poses a unique set of challenges for the most dedicated property investors. It recently became harder to procure a loan for an investment property after the introduction of the LVR restrictions in New Zealand. [LINK: LVR restrictions] More than ever, it’s important to have strong relationships with lending institutions in order to secure a loan with the best possible terms – and to do so quickly.
As you work steadily to build your portfolio, the type of mortgages you agree to can be the difference between ultimate success and failure. You shouldn’t let yourself be dragged down by unfavourable terms. A One50 advisor will help you improve your knowledge of the various options and opportunities out there, so you can get the best rate.
We’re a one-stop shop for all your mortgage, insurance, and property investment needs. If you’re looking to improve the outcome of your mortgage negotiations, book a free meeting with one of our helpful advisors today!