Grow Your Property Portfolio
Now more than ever, having an expert in your corner for investment property lending is critical. With the recent changes in LVR (loan to value ratio) requirements, many are getting caught up in red tape that now exists. However, using the equity in your home can still be an effective way to get started on the investment property ladder.
Lifetime advisers can assist in ensuring you get the best leverage possible with your lender.
As a home owner myself, the interest rates changes offered by the banks will often grab my attention. In my role here at Lifetime as a Home Loan Adviser, I work with people from all walks of life who are trying to buy their first home. Most people have to overcome the obstacle of saving a decent deposit and KiwiSaver comes to the rescue for a number of people.
Paying your mortgage before you reach retirement age is the ultimate milestone for many Kiwis. But could your net worth be higher and your home loan repaid sooner, if you re-invest the equity in your home elsewhere instead? Home loan adviser Christine Hazeldine considers the options.
Buying your first home is undoubtedly one of the biggest financial steps you can take, but not completely out of reach for the millennial generation, writes Josh Martin.