First home buyers

Buying property is an exciting time. However organising the loan and knowing how to structure it, is a mine field. The process can be complicated, frustrating and time-consuming.

This is how a Lending Pad Mortgage Broker can help by taking care of everything for you.  Not only will they will find the best deal in the market, they can also negotiate extra perks like a cash lump sum to pay the first few mortgage payments or for some furniture you have your eye on.

A lending pad mortgage broker can arrange your home loan, answer all your questions and be there from the start to the end of the process.  

So what's the process...

1. Find out what you want to achieve
   Meet you in person to find out what you want to achieve and make sure they fully understand what your current needs are and your future plans.  They gather all the necessary information to ensure the mortgage advice  given to you, meets your personal needs and your financial circumstances. 
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2. ​Struggling with a deposit
   There are multiple ways you can gather a deposit, whether it’s through your KiwiSaver scheme or perhaps equity in your parents property.  Your Mortgage Broker will be able to assist you in working out ways to make your dream of owning your home a reality.
   
   
3. Make everything easy to understand
   The mortgage broker will talk to your personal circumstances and explain the options available to you.  They'll explain how much you can borrow, what the  costs involved will be and what the process will be from start to finish.  If you haven't found your dream home yet, they can arrange a pre-approval for you so you know exactly how much you can borrow giving you all the information you need to buy your house.
   
   
4. Get the best deal on the market
   Your mortgage broker will do all the work for you.  They have direct relationships with the banks and are able to negotiate a great deal for you - normally better than what the banks advertise.   They will generate multiple offers from the banks and then negotiate to save you as much money as possible.  This then gives you more spending money or the opportunity to pay your mortgage back quicker. 
   
   
5. Present the offer/s to you
   Once all the negotiating is finished, your mortgage broker will meet with you and provide you with a thorough report showing you the best deals available and what this means for you.  It's a simple process and enables you to walk away knowing you have the best deal available in the market.  Everything they do is about making things easy and transparent for you.
   
   
6. Moving in
   Once the decision is made, they arrange for the mortgage to be set up with the bank.  You won't need to worry about anything apart from organising your furniture removers, think about the renovations you are going to do and make all your plans for your home.  The money will be paid on the day and you will be given the keys.
   
   
7. Ongoing relationship
   Another great aspect about using a Lending Pad Mortgage Broker is the ongoing relationship.  There will be times throughout your mortgage that you will need to make decisions on rates, terms and loan structures.  Your broker will contact you a couple of months in advance to start the process again of ensuring you get the best deal  in the best way for your personal circumstances.
   
   
8. The expertise and service is free of charge 
   That's right.  Our ongoing service to you is free.  The banks pay for our expertise and the advice we provide  you through fee payment when your mortgage settles.  The banks are advocates of the broker industry valuing the service we provide to customers and pay us to ensure that you are provided with a good level of service.