"Talking to us is like talking to five banks at once."
If you are purchasing a home or looking to refinance your existing mortgage, please talk to our highly experienced team at Top Finance Limited first.
We will walk you through the process and show you some great ways to go about this important decision that will save you money and stress and negotiate a better deal because of our sixteen years experience and credibility with the lenders.
Top Finance may be able to provide a funding solution whereby the Applicant(s) have either; an impaired Credit History, Taxation Arrears, Irregular income, or where they require funding for Matrimonial Settlements, Dispute Resolution Settlements, Business purposes, Bridging Finance, Rate Arrears, Bank Rescues, etc.
What is your LVR?
LVR stands for loan-to-value ratio. It shows how much you owe on a house compared to its value. If you owned a $500,000 house with a $400,000 loan, your LVR would be 80%. If your loan was $200,000 on the same house, your LVR would be 40%. Your LVR is important because banks have rules around what they can lend to homeowners - and some of those rules are set using LVRs. These rules are designed to protect New Zealanders from taking on too much debt, and to reduce the risks for banks themselves. if you borrow more than 80% of your home's value you will need to pay a Low Equicty Margin.
Owner Occupier Home
First Home Buyers
Reasons for refinancing your loan
-Purchase of additional property
-Lack of flexibility being provided by existing lender
-Going into business or looking to grow your business
-Better loan structuring available with a new lender
-Better interest rates on offer at a new lender
-Restructuring of loan repayments on account of changed income situation