Loan Market - Supporting Better Investment Decisions
A significant point of difference from our competitors , and one where Ray White provides real financial benefit to its investor clients , is through our sister company , Loan Market .
Loan Market is New Zealand ’ s largest mortgage advice company , with more than 165 advisors settling over $ 6 Billion in mortgages per annum , using the banks and lenders you know and trust .
Loan Market can provide landlords with expert advice on debt structures to ensure you ’ re maximising the benefits of any investment lending , and help you obtain the very best finance terms available in the market . Utilising a Loan Market advisor can not only help you secure the best rates , but also remove much of the stress associated with arranging finance .
The benefits of Loan Market extend far further than assisting clients with their more traditional services and products such as home loans , refinancing , investment loans , land and construction loans , and bridging loans . In the ever-increasingly regulated lending space , seeking the right professional advice can help save you thousands , and this is where Loan Market can help .
There are many lending components that can impact an investor more significantly than an occupier-owner , and having the right advice on these issues can be crucial .
Interest Relief
Every investor ' s circumstances are unique , and these can often change - particularly where we may be operating in a high-interest environment or where a landlord ' s servicing capacity has been impacted . Some may be unaware of their abilities to seek short-term relief through a change in structure to interest-only lending , or even a change in their current mortgage term . A Loan
Market advisor can quickly understand your position and often provide solutions to help make things more manageable or simply provide you with more options .
The Credit Contracts and Consumer Finance Act
The CCCFA legislation places a duty on all lenders to scrutinise applicants ' financial histories much more intensely . This means a landlord ' s financial activity can come under intense scrutiny : credit cards , personal loans , hire purchase agreements , and debts can all harm your application .
Our Loan Market advisers can talk you through it , and help you understand how to prepare for any finance application and increase your chances of being successful .
Debt to Income Ratios
Most banks have introduced Debt to Income ( DTI ) ratios , setting borrowing limits tied to the borrower ' s income , severely impacting the amount of money you ’ re able to borrow . Even investors who previously had no problem being approved have been caught out – and there ' s an awful lot for borrowers to get their heads around . The Loan Market team can help you understand your borrowing capacity through traditional lenders , but also the more flexible , and still secure , non-bank lending options .
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