<rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>hollyrogers</title><description>hollyrogers</description><link>https://www.hollyrogers.co.nz/blog</link><item><title>Open Homes - the &quot;To Do&quot; list!</title><description><![CDATA[Trudging around open homes can be time consuming and confusing! I know, Iv done it! With a long list of addresses and a short time to view, you need to be armed with a plan that allows you to make a quick decision as to whether this one is worth getting excited about!So you are "pre-approved" right? The house hunt can begin....Write a List List the features of what's important to you in a home or investment property. If you are buying with a partner or friend make sure you know each others likes<img src="http://static.wixstatic.com/media/6ab52831c212e8f2739490dfcaa0b198.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2018/05/31/Open-Homes---the-To-Do-list</link><guid>https://www.hollyrogers.co.nz/single-post/2018/05/31/Open-Homes---the-To-Do-list</guid><pubDate>Thu, 31 May 2018 00:38:44 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/6ab52831c212e8f2739490dfcaa0b198.jpg"/><div>Trudging around open homes can be time consuming and confusing! I know, Iv done it! With a long list of addresses and a short time to view, you need to be armed with a plan that allows you to make a quick decision as to whether this one is worth getting excited about!</div><div>So you are<a href="https://www.hollyrogers.co.nz/first-homebuyers">&quot;pre-approved&quot;</a>right? The house hunt can begin....</div><div>Write a List </div><div>List the features of what's important to you in a home or investment property. If you are buying with a partner or friend make sure you know each others likes and dislikes - so make the list together!</div><div>Take a Notebook</div><div>The number of Open Homes you view in one day can be confusing and they all look the same after a while. Take a notebook and phone camera on hand to refresh your memory when you come to review the pros and cons </div><div>What to look for</div><div>In the short time you get to view a property you need to get down to business quickly - look for wear and tear especially in the kitchen and bathrooms. Damp spots will be evident on the ceiling and floor, a musty odour will alert you, or wall paper lifting can also be a tell tale sign. Check doors and windows open and close easily</div><div>Due Diligence</div><div>Everyone says this but what does it mean? It means get the experts involved because buying a house is one of the biggest purchases you will make - so ask some questions while you are there:</div><div>-What is the current <a href="https://www.hollyrogers.co.nz/definitions">RV</a>of the property and is it up to date?</div><div>-What <a href="https://www.hollyrogers.co.nz/definitions">reports and information</a> do you have on the property?</div><div>LIM, Builders report, EQC reports/repairs, Current Insurance</div><div>-Ask the Agent if there is anything you need to tell me about this home before going further. Agents have a duty to disclose any known issues relating to the property that they are aware of. </div><div>-Ask if anyone else has done a builders report on it</div><div>- How long has the property been on the market and have there been any offers accepted on this home? Why didn’t they go ahead? </div><div>A few pointers to get you started....Happy House Hunting!</div></div>]]></content:encoded></item><item><title>Want a Home Loan? One thing you can do today to get approved!</title><description><![CDATA[Ok, so you want to apply for a home loan and not sure what the Banks look for....check out this video, keeping your accounts in order is often overlooked by account holders...but not by the Banks! Bank Statements are a snapshot of how you pay your bills! So keep them tidy - start today! Not sure? Call Holly Rogers Mortgages<img src="http://img.youtube.com/vi/9S8coE_cYPA/mqdefault.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2018/05/28/Want-a-Home-Loan-One-thing-you-can-do-today-to-get-approved</link><guid>https://www.hollyrogers.co.nz/single-post/2018/05/28/Want-a-Home-Loan-One-thing-you-can-do-today-to-get-approved</guid><pubDate>Mon, 28 May 2018 05:03:15 +0000</pubDate><content:encoded><![CDATA[<div><iframe src="https://www.youtube.com/embed/9S8coE_cYPA"/><div>Ok, so you want to apply for a home loan and not sure what the Banks look for....check out this video, keeping your accounts in order is often overlooked by account holders...but not by the Banks! Bank Statements are a snapshot of how you pay your bills! So keep them tidy - start today! Not sure? Call Holly Rogers Mortgages </div></div>]]></content:encoded></item><item><title>Building? Get the skinny on your build options and finance...</title><description><![CDATA[Welcome to the February edition! Christmas delights are fading fast as we remember the lofty goals we set for 2018! If Home Ownership was on your list then now is the opportune time as Home Loan interest rate remain low, low deposit options available and more properties coming on to market. First Home Buyer? Your'e my area of expertise!Get Free financial advice to achieve your goals - Why? As a Registered Financial Adviser I ask you a lot of questions so that I can shop the Banks to find the]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2018/03/01/Building-Get-the-skinny-on-your-build-options-and-finance</link><guid>https://www.hollyrogers.co.nz/single-post/2018/03/01/Building-Get-the-skinny-on-your-build-options-and-finance</guid><pubDate>Wed, 28 Feb 2018 23:46:31 +0000</pubDate><content:encoded><![CDATA[<div><div>Welcome to the February edition! Christmas delights are fading fast as we remember the lofty goals we set for 2018!</div><div> If Home Ownership was on your list then now is the opportune time as Home Loan interest rate remain low, low deposit options available and more properties coming on to market.</div><div> First Home Buyer? Your'e my area of expertise!</div><div>Get Free financial advice to achieve your goals - Why?</div><div> As a Registered Financial Adviser I ask you a lot of questions so that I can shop the Banks to find the best solution - saves you a lot of time and money becuase the legwork is done for you - and at not cost!</div><div>Become a client of <a href="https://www.hollyrogers.co.nz/book-online">Holly Rogers Mortgages</a>not just another customer<a href="http://www.hollyrogers.co.nz">Call today or book online for free independent financial advice</a></div><div>Thinking of Building? </div><div>Building has become a great option with many subdivisions with sections and house and land packages on offer. It is also become affordable for first home buyers to have a brand new home as their first home....so what are the most common options? House and Land package - This is where the builder usually owns the land and you are able to purchase a completed house for a set price -an easy option if you don't want to be involved in the build process -lending is drawn at completion so no mortgage payments until you move in Buy and Build - This option allows you to purchase a plot of land of your choosing. Once the land is purchased you are able to plan the house itself to create a home that fits your individual style and wants -more involvement in getting exactly what you want  -lending is drawn to purchase section and then increases as build progresses Financing your Build - there are different Home Loan conditions for each of the build options.</div><div>Option 1 - fewer build conditions as less risk of cost blow outs, thats because you have agreed to a price which is payable when your home is finished. Do you have a 10% deposit? This is a popular option for you!</div><div>Option 2 - Affordability is key for this option as you pay from start to finish and additional changes that you make along the way! </div><div>A deposit of 20% is usual but a lower deposit can be an option!</div><div>For free advice talk to your <a href="https://www.hollyrogers.co.nz/">financial adviser</a>to work out what option suits your budget and unique circumstances</div><div><a href="https://www.hollyrogers.co.nz/book-online">Book online</a> - its easy!</div><div>No time during the day? Thats why Holly Rogers Mortgages can see you at a time and place that suits you, even outside of working hours!</div></div>]]></content:encoded></item><item><title>Top Tips to get a Low Deposit Home Loan approved!</title><description><![CDATA[Getting a Low Deposit Home Loan is achievable if you have the right information!-Make Sure you Are Eligible!-Have Evidence of your Deposit so there are no surprises!-Be Realistic with Price!Tip 1: Make sure you are Eligible!Eligibility:-First Home Buyer / Upgrading / Building - Owner Occupied You must intend to live in the property-NZ citizen or Permanent NZ Residents Resident visa's often have travel restrictions which may not qualify-Permanent Income - 12 months with current employer or in the<img src="http://static.wixstatic.com/media/0d236d611ba748ecbdfaa96af9110e64.jpg/v1/fill/w_546%2Ch_390/0d236d611ba748ecbdfaa96af9110e64.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2018/02/12/Top-Tips-to-get-a-Low-Deposit-Home-Loan-approved</link><guid>https://www.hollyrogers.co.nz/single-post/2018/02/12/Top-Tips-to-get-a-Low-Deposit-Home-Loan-approved</guid><pubDate>Mon, 12 Feb 2018 03:00:22 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/0d236d611ba748ecbdfaa96af9110e64.jpg"/><div><a href="https://www.hollyrogers.co.nz/first-homebuyers"></a></div><div>Getting a Low Deposit Home Loan is achievable if you have the right information!</div><div>-Make Sure you Are Eligible!</div><div>-Have Evidence of your Deposit so there are no surprises!</div><div>-Be Realistic with Price!</div><div>Tip 1: Make sure you are Eligible!</div><div><a href="https://www.hollyrogers.co.nz/first-homebuyers">Eligibility:</a></div><div>-First Home Buyer / Upgrading / Building - Owner Occupied </div><div>You must intend to live in the property</div><div>-NZ citizen or Permanent NZ Residents </div><div>Resident visa's often have travel restrictions which may not qualify</div><div>-Permanent Income - 12 months with current employer or in the same industry</div><div>Your base income off your work contract will be used for the assessment - overtime and casual hours could be considered but not relied upon</div><div>-Self Employment - Applicant must produce the last 2 years financial statements</div><div>-Satisfactory Credit Check </div><div>-Satisfactory Account conduct - Statements will be requested</div><div>adverse conduct includes Dishonours, Un arranged overdraft, late payment fees </div><div>Tip 2: Have evidence of your Deposit funds!</div><div><a href="https://www.hollyrogers.co.nz/first-homebuyers">Your Deposit 10% can include:</a></div><div>Genuine Savings - 3 months Bank Statements</div><div>KiwiSaver - Letter from your provider confirming eligibility with withdraw and amount</div><div>HomeStart Grant - <a href="https://hera.power-business.co.nz/hnz/HomeStart.nsf">Pre-approval from Housing NZ</a></div><div>Gifting - confirmation of Gifted amount</div><div>Other -Parents Guarantee, Sale of Asset, Deed of Debt</div><div>Tip 3: Be Realistic!</div><div>There are many variables that determine how much you can borrow and everyones budget is different and every Banks assessment is different. The main assessment is Income vs Outgoings and the more you have left over after paying your Home Loan and outgoings, the more likely the Bank will approve. So reduce your consumer debt including visa card limits to be in the best position for a realistic Home Loan</div><div>There are extra costs in owning a home so talk to your Mortgage Adviser to find out what price tag is relevant to your budget</div><div>If you are eligible for the <a href="https://www.hnzc.co.nz/ways-we-can-help-you-to-own-a-home/kiwisaver-homestart-grant-and-savings-withdrawal/kiwisaver-homestart-grant/homestart-grant-eligibility-checklist/">HomeStart grant</a> then your Purchase Price is capped:</div><div>$500,000 for an existing property</div><div>$550,000 for a new property</div><div>There are costs to consider as well:</div><div>Solicitor costs</div><div>Registered Valuation cost + Builders report if required</div><div>Up to 1% loan fee or interest rate margin</div><div>To get the best way forward, talk to your Mortgage Adviser or contact <a href="https://www.hollyrogers.co.nz/contact">Holly Rogers</a> for your free consultation!</div><div>I</div></div>]]></content:encoded></item><item><title>Clear the Clutter to Financial freedom!</title><description><![CDATA[Who Spring cleans?We all do right? What process do you take? Why do we do this? We want to clear the clutter….because it makes us feel happy and more organised!Every year something has changed in your life, whether it be a big change or little change … but something has changed and we need to clear the pathwaySo apply that same Spring Clean concept to your finances….try using the 3 "R's" ....ReviewReduceRemove-Your Bank Statements…. are online now so it’s easy not to take too much notice of what<img src="http://static.wixstatic.com/media/bad669_b8ce3be6e06b4586a384f03e40635752%7Emv2.jpg/v1/fill/w_546%2Ch_308/bad669_b8ce3be6e06b4586a384f03e40635752%7Emv2.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/11/15/Clear-the-Clutter-to-Financial-freedom</link><guid>https://www.hollyrogers.co.nz/single-post/2017/11/15/Clear-the-Clutter-to-Financial-freedom</guid><pubDate>Wed, 15 Nov 2017 03:17:00 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/bad669_b8ce3be6e06b4586a384f03e40635752~mv2.jpg"/><div>Who Spring cleans?</div><div>We all do right? What process do you take? Why do we do this? We want to clear the clutter….because it makes us feel happy and more organised!</div><div>Every year something has changed in your life, whether it be a big change or little change … but something has changed and we need to clear the pathway</div><div>So apply that same Spring Clean concept to your finances….try using the 3 &quot;R's&quot; ....</div><div>Review</div><div>Reduce</div><div>Remove</div><div>-Your Bank Statements…. are online now so it’s easy not to take too much notice of what is coming in and more importantly going out</div><div>Step 1 – print out your bank statement and Review what is coming in and what is going out.. …..are your expenses still relevent…or can you review some of the outgoings?</div><div>There are set living costs that have to be paid….but what else do you see coming out?</div><div>Lunch, Gym memberships, Tv subscriptions, Coffee, these are small amounts however spend a little bit of time adding them up… you may be surprised – it could easily account for about $100 extra per week in incidentals that’s $5200 per annum…what else could you do with that money?</div><div>Now I’m not saying no fun, no food, no life….</div><div>But think about your outgoings and trim them up a bit – save the pennies – it all adds up!</div><div>Review your Bank Statement, Reduce the incidentals , Remove what’s not needed</div><div>-Mortgage </div><div>There are a couple of common things that happen when you get a Home Loan:</div><div>- You set up your Home loan for the longest term to get a handle on it - is intended to be temporary ….however the last time you thought about it was when the interest rate was up for review and you focused on the getting a new interest rate…job done! Responsibility over for another 2 years….Meantime what has changed? Income, expenses, small debt repaid?</div><div>At the very minimum at interest rate time – review what has changed and increase your repayment if you can….an extra $20 per week makes a big difference -this will mean a shortened loan term, more principal being repaid than interest, equity is building which puts you right on track to financial independence</div><div> Other ways to reduce your Mortgage faster that’s suits your lifestyle</div><div>-Lump sum payments</div><div>-Small short terms loan amounts</div><div>-Flexible or revolving accounts</div><div>Review Reduce Remove</div><div>-Credit Card</div><div>Most of us think having a large visa limit is great! Yes? It gives us the flexibility to “buy” – with all intentions of repaying it back – Credit cards were designed to be used for convenience and repaid within s short period – however it is common to have this debt hanging around and usually is one of the highest interest rates you will pay</div><div>If you have a credit card that’s going no where its time to review, reduce and remove</div><div>Consider consolidating this debt over a short time at a lesser interest rate – watch it reduce quickly and once repaid you can then save that payments elsewhere</div><div>and yes this does effect your future borrowings….</div><div>Review Reduce Remove</div><div>-Insurance – Life, Income and General protection</div><div>When did you last review all of your insurances? – Our insurance needs change and at each lifestyle event should be reviewed …marriage, mortgage, family, career, holiday, retirement…and beyond</div><div>Often life and income insurance is taken out at Mortgage time….and then not reviewed again for quite some time….If you review regularly, your insurance will be cost effective and have all the right protection in place for your life stage</div><div>I spoke with someone recently who said they had sold one of their properties last year, asked for the insurance to be removed and assumed it had been done – it wasn’t actioned for some reason and they had been paying too much…its easy for this to go unnoticed</div><div>Assets are brought and sold – you may think you have taken them off your insurance policy – but check – it may not have happened!</div><div>Review Reduce Remove</div><div>Relationships and finances</div><div>All of this is very well if you are managing your OWN money – a little more difficult when when in a joint situation</div><div>In my experience there is usually (not always) a spender and a saver in the relationship – which one are you?</div><div>If you are the saver, you will understand review reduce remove very quickly</div><div>If you are the spender – it will take a little time to form this habit and stick to it</div><div>Whichever one you are - be tolerant of the each other – and make some creative compromises along the way … it won’t happen overnight</div><div>– but it will happen...so what are you waiting for?</div><div>At Holly Rogers Mortgages, the focus is you – Making it easy and delivering on uncompromising service - and its a FREE service!</div></div>]]></content:encoded></item><item><title>Dare to Dream!</title><description><![CDATA[We are well into Spring, and if you are considering buying your first home, building or upgrading, re-financing or re-fixing your existing home loan, here are some great reason why this is a favourable time for you! A favourable time to buy because... A new Labour led Government means a ban on foreigners buying existing houses is very likely The housing market has slowed and we have seen the effects with an adjustment in property prices making housing more affordable Banks "Spring Home Loan<img src="http://static.wixstatic.com/media/2a8eb278f943e6c15eeaca23123c6eb5.JPG/v1/fill/w_546%2Ch_364/2a8eb278f943e6c15eeaca23123c6eb5.JPG"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/11/08/Dare-to-Dream</link><guid>https://www.hollyrogers.co.nz/single-post/2017/11/08/Dare-to-Dream</guid><pubDate>Wed, 08 Nov 2017 00:58:52 +0000</pubDate><content:encoded><![CDATA[<div><div>We are well into Spring, and if you are considering buying your first home, building or upgrading, re-financing or re-fixing your existing home loan, here are some great reason why this is a favourable time for you!</div><img src="http://static.wixstatic.com/media/2a8eb278f943e6c15eeaca23123c6eb5.JPG"/><div>A favourable time to buy because... </div><div>A new Labour led Government means a ban on foreigners buying existing houses is very likely </div><div>The housing market has slowed and we have seen the effects with an adjustment in property prices making housing more affordable</div><div>Banks &quot;Spring Home Loan specials” - interest rates are still historically low with 1 and 2 year fixed interest rates very attractive..and some good offers out there for 3 years!</div><div>10% Deposit for First Home Buyersavailable using KiwiSaver and Home Start grant - criteria applies and costs to consider….but achievable! </div><div>At Holly Rogers Mortgages, the focus is you – Making it easy and delivering on uncompromising service - and its a FREE service!</div></div>]]></content:encoded></item><item><title>Mortgage Matters - June Update</title><description><![CDATA[Check out the latest June Newsletter to stay abreast with Mortgage Matters!]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/06/15/Mortgage-Matters---June-Update</link><guid>https://www.hollyrogers.co.nz/single-post/2017/06/15/Mortgage-Matters---June-Update</guid><pubDate>Thu, 15 Jun 2017 04:06:34 +0000</pubDate><content:encoded><![CDATA[<div><div>Check out the latest <a href="http://mailchi.mp/f81f8fd7d5fd/mortgage-matters-june-2017">June Newsletter</a>to stay abreast with <a href="http://mailchi.mp/f81f8fd7d5fd/mortgage-matters-june-2017">Mortgage Matters!</a></div></div>]]></content:encoded></item><item><title>How Does Your Credit Rate? Check it out...its free!</title><description><![CDATA[So your'e thinking about purchasing your first home! Your Credit Score plays an important part in the Home Loan approval process... and in your everyday life...so stay one step ahead and check it out...for free! What is a credit Score? A credit score is a number between 0 and 1,000 that indicates how credit-worthy you are, and how likely you are to pay your bills on time. Most credit scores are between 300 and 850.The higher the score, the better your credit rating is.A good score is more than<img src="http://static.wixstatic.com/media/77e9849579aa4e5985019cd20d8d5ea1.jpg/v1/fill/w_546%2Ch_352/77e9849579aa4e5985019cd20d8d5ea1.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/06/08/How-Does-Your-Credit-Rate-Check-it-outits-free</link><guid>https://www.hollyrogers.co.nz/single-post/2017/06/08/How-Does-Your-Credit-Rate-Check-it-outits-free</guid><pubDate>Thu, 08 Jun 2017 04:39:37 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/77e9849579aa4e5985019cd20d8d5ea1.jpg"/><div>So your'e thinking about purchasing your first home! Your Credit Score plays an important part in the Home Loan approval process... and in your everyday life...so stay one step ahead and check it out...for free! </div><div>What is a credit Score? </div><div>A credit score is a number between 0 and 1,000 that indicates how credit-worthy you are, and how likely you are to pay your bills on time. Most credit scores are between 300 and 850.</div><div>The higher the score, the better your credit rating is.</div><div>A good score is more than 500, so if your score is high, you should be able to get better offers from banks, insurance companies and utility companies. If your score is low, you should find out what’s affecting it (for example, unpaid bills) and work to fix it - You have a legal right to access to your free credit report - its not instant so allow some time</div><div>How Can I check my score? There are three credit reporting companies operating in New Zealand so if you want to check your record or correct any information about you, you need to contact them all:</div><div>The following credit reporters operate in New Zealand:</div><div><a href="https://www.mycreditfile.co.nz/products/my-credit-file">Equifax</a><a href="https://www.checkyourcredit.co.nz/">Dun and Bradstreet</a><a href="http://www.centrix.co.nz/request-for-personal-information.html">Centrix</a></div><div>Why is my score low?</div><div>You can end up with a low score for many reasons, such as if you fail to pay your bills, if you apply for credit too often or within a short period of time, if you don't pay your bills, even if your partner defaults on a debt that also has your name on it. </div><div>How Can I maintain a good score?</div><div>Pay your bills on timeCall your credit provider(s) in a timely manner and alert them if there is a problem meeting your commitmentsReview your credit file to make sure there are no errors in the information and/or discover any overdue accounts that have been forgotten aboutMonitor your credit file to ensure someone is not fraudulently using your identity (a growing problem worldwide)A &quot;no&quot; to a credit application, or the supply of goods and services where payment is deferred, does not necessarily mean your credit file is flawed.Credit providers each have their own lending criteria, so seek an explanation<div>Remember that the details on overdue accounts or collections, even when paid, remain on your file for five years from the date of default, as part of your credit history</div>An overdue account is usually an account where payment has been overdue for a minimum of 30 days.</div><div>Not sure how to get your report or understand what it means...talk to your Mortgage Adviser for a free consultation</div></div>]]></content:encoded></item><item><title>Home Loans Made Even Easier! Simply &quot;Click&quot; and Book!</title><description><![CDATA[Save Time and Money - Visit www.hollyrogers.co.nz to book your Home Loan Appointment - at your home, your work or a local cafe!Sounds Easy? Thats because it is!<img src="http://static.wixstatic.com/media/ebf657ad92bd4445a1bf065da2906887.jpg/v1/fill/w_500%2Ch_333/ebf657ad92bd4445a1bf065da2906887.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/06/08/Home-Loans-Made-Even-Easier-Simply-Click-and-Book</link><guid>https://www.hollyrogers.co.nz/single-post/2017/06/08/Home-Loans-Made-Even-Easier-Simply-Click-and-Book</guid><pubDate>Thu, 08 Jun 2017 03:19:00 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/ebf657ad92bd4445a1bf065da2906887.jpg"/><div> Save Time and Money - Visit www.hollyrogers.co.nz to book your Home Loan Appointment - at your home, your work or a local cafe!</div><div>Sounds Easy? Thats because it is!</div></div>]]></content:encoded></item><item><title>Own your Home Loan - Get your loan custom made and be in control</title><description><![CDATA[Now that you have your home loan approved, how will you set it up so it behaves how you want it to? Here are some common questions that are easily answered if you get the right advise:-Why isn't my Home Loan reducing? - How can I make the most out of low interest rates?-I want my Home Loan repaid before I retire!-How can I build equity to get my next property? There are many different ways and its really best to talk it through with your Mortgage Adviser who can design your home loan to suit<img src="http://static.wixstatic.com/media/f0d9454621ae4c368e14da15fd02e751.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/04/10/Own-your-Home-Loan---Get-your-loan-custom-made-and-be-in-control</link><guid>https://www.hollyrogers.co.nz/single-post/2017/04/10/Own-your-Home-Loan---Get-your-loan-custom-made-and-be-in-control</guid><pubDate>Mon, 10 Apr 2017 03:08:52 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/f0d9454621ae4c368e14da15fd02e751.jpg"/><div>Now that you have your home loan approved, how will you set it up so it behaves how you want it to? Here are some common questions that are easily answered if you get the right advise:</div><div>-Why isn't my Home Loan reducing? </div><div>- How can I make the most out of low interest rates?</div><div>-I want my Home Loan repaid before I retire!</div><div>-How can I build equity to get my next property?</div><div> There are many different ways and its really best to talk it through with your Mortgage Adviserwho can design your home loan to suit your unique circumstances ...but here are a few combinations to get you thinking - I have put labels - so not the &quot;official&quot; name but you'll get the idea...</div><div>The Traditional- Long and steady </div><div>Usually over a long term paying Principle and Interest </div><div>maximum term 30 years or set to suit your budget. </div><div>-Great for first home buyers to settle into the home loan repayments </div><div>-Great if you are on a tight budget and need to stretch your repayments to the maximum</div><div>-Does not reduce quickly - More interest than principle paid in the first half of the loan - this is called a Table Loan - see Loan calculator</div><div>-Is reliant on property value increasing to build equity</div><div>* Review this structure regularly or at each Fixed ratereview date to reflect the changes in your lifestyle</div><div>The Rapid Repay -Equity builder</div><div>A shorter term can reduce interest costs and build equity or achieve financial freedom quicker </div><div>-great if you are on a time frame to be &quot; mortgage free&quot; and save in interest costs!</div><div>-great if you have a higher income or disposable surplus income and can afford higher repayments </div><div>-Builds equity to get to the next property purchase quicker!</div><div>Small Bites of the Elephant </div><div>Split loan with a larger chunk over a longer term say 30 years and a smaller bit sized chunk repaid over a very short time - usually set to be repaid on next fixed rate review of the larger chunk - for example:</div><div>$300,000 home loan:</div><div>$280,000 over 30 years fixed for 2 years</div><div>$ 20,000 over 2 years fixed or floating </div><div>-Great if you like to see debt dissolve quickly, build equity and still be set to a repayment schedule.</div><div>-Great if you have irregular lump sums to place on the smaller portion</div><div>The DIY - Your'e in control! </div><div>Usually in place while you are building to allow for progress payments to be increased easily or if you have a high disposable income surplus.</div><div>An interest only structure so you are in charge of any principle repayments - the more you put in reduces debt quickly and minimises interest costs. </div><div>If building - this arrangement would usually be re-structured at the end of the build project to a Principle and Interest term loan, this structure allows you to make rapid repayments at your leisure - at some Banks it also allows you to re-draw what you repaid so you will need to be disciplined!</div><div>-Great if you have commission payments or high disposable income to repay down the floating component rapidly</div><div>-Great to build equity if you are not tempted to re-draw the funds</div><div>-Each lender has an &quot;interest only&quot; lending criteria so eligibility applies</div></div>]]></content:encoded></item><item><title>Save Time and Money - Choose a Mortgage Adviser for your Home Loan</title><description><![CDATA[Great Reasons that save you Time and Money leaving you to find your dream home -Save time and money - get the right mortgage advice that best suits you and your family-Save time and money - one meeting can access multiple banks leaving you time to find your dream home-Save time and money - the service is Free and Independent As a Mortgage Adviser , we offer advice to people like you needing home loan finance for First Homes, Upgrading, Building, Investing and Re-Financing together with consumer<img src="http://static.wixstatic.com/media/bad669_c916d6676d454b94bab01b770251bd76%7Emv2_d_2704_1803_s_2.jpg/v1/fill/w_546%2Ch_364/bad669_c916d6676d454b94bab01b770251bd76%7Emv2_d_2704_1803_s_2.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/03/22/Save-Time-and-Money---Choose-a-Mortgage-Adviser-for-your-Home-Loan</link><guid>https://www.hollyrogers.co.nz/single-post/2017/03/22/Save-Time-and-Money---Choose-a-Mortgage-Adviser-for-your-Home-Loan</guid><pubDate>Wed, 22 Mar 2017 00:18:20 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/bad669_c916d6676d454b94bab01b770251bd76~mv2_d_2704_1803_s_2.jpg"/><div>Great Reasons that save you Time and Money leaving you to find your dream home </div><div>-Save time and money - get the right mortgage advice that best suits you and your family</div><div>-Save time and money - one meeting can access multiple banks leaving you time to find your dream home</div><div>-Save time and money - the service is Free and Independent </div><div>As a Mortgage Adviser , we offer advice to people like you needing home loan finance for First Homes, Upgrading, Building, Investing and Re-Financing together with consumer finance such as personal loans and debt consolidation.</div><div>We shop around to find the best finance that suits you and your circumstances. Everyone's situation is different, so having an expert help you with this process to ideal. As the service is free to you, why not assure you have the best set up possible?</div><div>Make your own decision! Ask yourself....</div><div>Q - Are you a First Home buyer? Getting together your deposit, understanding what is available such as Kiwi saverand Government grants can be daunting, a Mortgage Adviserwill help you understand what is required and how to get there!</div><div>Q - Are you short on time to negotiate with multiple banks? </div><div>A Mortgage Adviser will do the shopping for you - one interview is equivalent to multiple interviews saving you time and money</div><div>Q - Are you unsure how to get your deposit together? </div><div>A Mortgage Adviser will help to show you different solutions to boost your deposit to get on the property ladder sooner. In some instances you may need as little as 10% of the purchase price, eligibility applies</div><div>Q - Do you want the best home loan for your unique circumstances? A Mortgage Adviser will look at all the options available and help you decide on the best solution that suits you. Every situation is unique and it’s not always about the interest rate…but it helps! </div><div>Q - What is your maximum borrowing capacity for an upgrade?</div><div>A Mortgage Adviserwill quickly assess your situation to assist with your next venture! Every situation is different so spending time on this and understanding what you want is really important! </div><div>Q - What is the best way to finance your dream home build? </div><div>There are different ways to finance your build project and a Mortgage Adviser  will take you through the options available from purchasing your section to building your dream home along with what options are best for you - Learn about <div>“Turn Key”, “Progress Payments”,</div> and  “Cost and Quotes” options for building your dream home.</div><div>Q - Do you want an experienced mortgage adviser who is independent of your Bank?</div><div>Holly Rogers is an experience mortgage adviser who is independent oFor all of your lending needs talk to Holly Rogers Mortgages first for Free Independent Home Loan Advice. Contact now for your free appointment!</div></div>]]></content:encoded></item><item><title>Be prepared before you leap! Top tips to help get your Home Loan approved!</title><description><![CDATA[Check out 5 great tips that will help you be in great shape to get your home loan pre-approved : The first and most important step you will take during the mortgage process is to be honest with your mortgage adviser! I can’t help you if you don’t provide me with accurate information. It does not matter to me where you work or how much you make, what your bills are or how many credit cards you have. I just want to ensure that if I get you a mortgage that you will be able to afford it and still]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/03/07/Are-you-financially-fit-Tips-to-help-you-be-at-your-best-to-get-your-Home-Loan-approved</link><guid>https://www.hollyrogers.co.nz/single-post/2017/03/07/Are-you-financially-fit-Tips-to-help-you-be-at-your-best-to-get-your-Home-Loan-approved</guid><pubDate>Wed, 08 Mar 2017 07:39:51 +0000</pubDate><content:encoded><![CDATA[<div><div><img src="http://static.wixstatic.com/media/bad669_d3ef1fada617475f94c7b6b044b9c578~mv2_d_3456_2304_s_2.jpg"/></div><div> Check out 5 great tips that will help you be in great shape to get your home loan pre-approved :</div><div><div>The first and most important step you will take during the mortgage process is to be honest with your mortgage adviser! I can’t help you if you don’t provide me with accurate information. It does not matter to me where you work or how much you make, what your bills are or how many credit cards you have. I just want to ensure that if I get you a mortgage that you will be able to afford it and still live happily.</div><div>Credit Rating- A clear credit rating indicates that you have repaid any previous debts and paid your bills on time - a home loan is a lot of money to lend, so showing a good history of paying your bills is favourable.</div><div><a href="https://www.sorted.org.nz/tools/budgeting-tool/welcome">Pay down your debt - consolidating debt into one easy payment will not only help you budget but may also allow you to save - The Banks prefer this - they like to see that you can manage your repayments. Reducing your credit card limit may mean an increase on what you could borrow</a> - it is the credit card limit that is expensed against your income - not what you owe .</div><div><div>Have stable Employment.</div> If you can show you have stable employment, such as being with the same employer for at least 1 - 2 years or within the same industry, Banks will be much more willing to lend you money.</div><div>Boost Your Deposit.No matter which way you look at it, you need to get some savings underway - this gives banks some comfort that you are committed and can manage your expenses - so make a plan and stick to it! </div></div><div><div>Set A Savings Goal - set the amount you want to save and time frame . Complete a <a href="http://www.sorted.org.nz/tools/budgeting-tool/welcome">budget</a> and see where you can either increase your income or decrease your expenses - sometimes its simply just keeping a track on your spending! Check out the Home Loan calculatorto see how much your repayments would be</div><div>Make a Budget and be realistic <a href="https://www.sorted.org.nz/tools/budgeting-tool/welcome">Sorted.co.nz has a great online tool - making the budget is the easy part - sticking to it takes determination...its easier if you are saving with someone else, your savings will grow quicker and you will keep each other on task!</a></div><div>Join Kiwi -Saver and make regular contributions ... you can access all or some of your kiwi saver to buy your first home if you have contributed for 3 consecutive years or more (eligibility applies and subject to change) </div><div> Check out the Government Grantsavailable for first home buyers - a great deposit booster!</div></div><div>The steps above do not guarantee that you will get home loan approved, but they are likely to increase your chances!</div></div>]]></content:encoded></item><item><title>10% Deposit for First Home Buyers Is this right for you?</title><description><![CDATA[If you have or are working towards having a 10% home loan deposit then the Welcome Home Loan Scheme may be right for you!We work with lenders who participate in the Welcome Home Loan scheme to help you purchase your first home. As well as finding you the most suitable home loan for your circumstances, we can also help you with your loan application process.If you are considering applying or are ready to purchase your first home, check out the Housing NZ site or go to the Housing NZ links tofind<img src="http://static.wixstatic.com/media/272543859c434c8eb72fb2a21483eede.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/02/20/10-Deposit-for-First-Home-Buyers</link><guid>https://www.hollyrogers.co.nz/single-post/2017/02/20/10-Deposit-for-First-Home-Buyers</guid><pubDate>Tue, 28 Feb 2017 02:56:38 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/272543859c434c8eb72fb2a21483eede.jpg"/><div>If you have or are working towards having a 10% home loan deposit then the Welcome Home Loan Scheme may be right for you!</div><div>We work with lenders who participate in the Welcome Home Loan scheme to help you purchase your first home. As well as finding you the most suitable home loan for your circumstances, we can also help you with your loan application process.</div><div>If you are considering applying or are ready to purchase your first home, check out the Housing NZ site or go to the Housing NZlinks tofind the eligibility criteria Welcome Home Loan and how much you can borrow. </div><div>Key Points:</div><div>Cannot be used for investment or rental purposeYou must not own any other propertyYou may need to pay fees such as application fee and Lenders Mortgage Insurance</div><div>There are two income caps that apply for a Welcome Home Loan.</div><div>For one borrower you must have earned no more than $85,000.00 (before tax) in the last 12 months.<div>If you are borrowing with one or more other people you must have a combined household income of $130,000 or less (before tax) in the last 12 months.</div></div><div>Check out the maximum Purchase Price in your Region</div><div>Auckland </div><div>$600,000 - $650,000</div><div>Hamilton City, Tauranga City, Western Bay of Plenty District, Kapiti Coast District, Porirua City, Upper Hutt City, Hutt City, Wellington City, Tasman District, Nelson City, Waimakariri District, Christchurch City, Selwyn District, Queenstown Lakes District. </div><div>$500,000 - $550,000</div><div>Rest of New Zealand.</div><div>$400,000. - $450,000</div><div>Are you eligible for a Welcome Home Loan?</div><div>.</div></div>]]></content:encoded></item><item><title>First Home Buyer? Is it the right time to take the plunge?</title><description><![CDATA[With interest rates at historical lows, the property market a little flatter and home loan options available for as little as 10% deposit...could this be the right time for you to take the plunge?Everyone deserves a place to call home and buying your first home gives you a sense of accomplishment and security to your life! Get started! Getting started can be a little daunting - That’s where you need an experienced Mortgage Adviser by your side to make it easy to get your finance approved and<img src="http://static.wixstatic.com/media/db12c4dfc2d7439f91d15b5e89e92707.jpg/v1/fill/w_546%2Ch_364/db12c4dfc2d7439f91d15b5e89e92707.jpg"/>]]></description><dc:creator>Holly Rogers</dc:creator><link>https://www.hollyrogers.co.nz/single-post/2017/02/20/Buying-your-first-home-Get-Started-today</link><guid>https://www.hollyrogers.co.nz/single-post/2017/02/20/Buying-your-first-home-Get-Started-today</guid><pubDate>Tue, 21 Feb 2017 22:58:41 +0000</pubDate><content:encoded><![CDATA[<div><img src="http://static.wixstatic.com/media/db12c4dfc2d7439f91d15b5e89e92707.jpg"/><div>With interest rates at historical lows, the property market a little flatter and home loan options available for as little as 10% deposit...could this be the right time for you to take the plunge?</div><div>Everyone deserves a place to call home and buying your first home gives you a sense of accomplishment and security to your life! Get started! </div><div>Getting started can be a little daunting - That’s where you need an experienced Mortgage Adviser by your side to make it easy to get your finance approved and take you through the steps to get the key to the door and continue to support for your next venture! </div><div>How Much Deposit do I Need to Save?</div><div>The rule of thumb is 20% of the purchase price however there are instances where you can have as little as 10% - there are certain restrictions so talk to your mortgage adviser to put you on the right track.</div><div>Ways to Boost Your Deposit</div><div>Saving is best of course!</div><div>It is easier if you have set a goal and budget , it sounds daunting but once you are underway can be fun and rewarding! Who else do you know wanting to achieve the same goal - do the goal setting together and keep each other on track!</div><div><div>Set a Goal - how much do you want to save within a time frame. Make this realistic and make sure you still are able to cover your existing expenses.</div><div>Track your Money - the best way to do this is to make a budget, be honest with what you spend and be focused. You can get a budget planner at <a href="https://www.sorted.org.nz/tools/budgeting-tool/welcome">Sorted.Org</a> or talk to your mortgage adviser.</div><div>Increase your income and decrease your expenses - if your'e not satisfied with the amount you are saving then you need to look at ways to change this! </div></div><div> Here are a few starters</div><div><div>Get a boarder or flatmate - this can reduce your rent expenses and help you save on everyday expenses.</div><div>Look at your bank transactions each week - if you are buying meals every day you will be surprised at how much this adds up to each week - where can you reduce spending in this area?</div></div><div>Kiwi Saver</div><div>Joining Kiwi Saver means compulsory saving and is a great way to boost your deposit.</div><div>Making a contribution from your income on a regular basis will grow this balance faster and after 3 years of contributing you may be able to withdraw some, or all of your KiwiSaver member contributions, employer contributions, returns on investments received or any member tax credits. (criteria applies and subject to change)</div><div>Check your situation to see if increasing your contribution is right for you.</div><div>Kiwi saver First Home Start Grant</div><div>Currently you can receive between $3,000 to $10,000 (criteria applies and subject to change) ask your mortgage adviser if you are eligible.</div><div>Gifting</div><div>You may have a family member/s that is willing to gift you a certain amount to help get on the property ladder.</div><div>This is a family decision and independent legal advise may be required.</div><div>Welcome Home loans</div><div>Welcome Home Loans are issued by selected banks, underwritten by Housing New Zealand, and allow the bank to lend on a lower deposit without any restrictions.</div><div>For first home buyers it can mean getting on the property ladder sooner.</div><div>What will my repayments be?</div><div>Your Home Loan repayments will vary depending on how much you borrow, what interest rate you choose and the term you take your home loan over.</div><div>The Maximum term is usually 30 years - Check out the current interest rates at <a href="http://www.interest.co.nz/borrowing">Interest.co</a>and use the Calculator Tool to customise to suit your budget. </div><div>Interest rates are changeable and you can input a higher or lower loan amount and interest rate to see what effect this may have on your repayments in the future. </div><div>So what are you waiting for?</div><div>Find out more about Holly Rogers Mortgages by contacting me. </div></div>]]></content:encoded></item></channel></rss>