All Topics / The Treasure Chest / mortgage broker in NZ

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  • Profile photo of MiniMogulMiniMogul
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    @minimogul
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    September 16, 2003 - 11:53 pm

    OK folks it’s that time….yep that’s right, I’m ready to start leveraging…

    so, if anyone knows a totally awesome switched on cluey openinded brilliant genius mortgage broker, let me know.
    I mean I have one lined up I am gonna try, but referrals by people is the best don’t you think??????????????????

    cheers-
    Mini

    Profile photo of davo70davo70
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    @davo70
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    September 17, 2003 - 12:44 am

    Mini are you talking in Australia or in NZ?

    Davo70

    Profile photo of MiniMogulMiniMogul
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    @minimogul
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    September 17, 2003 - 7:05 am

    In NZ!!!

    I have someone in mind to use but just before I do i thought i would canvass the fellow homiez here to see if anyone has had a good experience and wouldn’t mind referring me….

    Profile photo of recoverymanrecoveryman
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    @recoveryman
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    September 18, 2003 - 7:47 am

    mini
    ron stoneman wanganui
    recovrey

    Profile photo of RentMasterRentMaster
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    @rentmaster
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    September 18, 2003 - 8:24 am

    I used http://www.mikepero.co.nz and was happy with their service.

    Andrew
    http://www.rentmaster.co.nz
    Software for Landlords

    Profile photo of MiniMogulMiniMogul
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    @minimogul
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    September 18, 2003 - 8:25 am

    hi muppet

    that was the name I already had and was thinking of using, I have already used them (though not him) for insurance broking, it’s good to get a second opinion!!

    thanks for that

    cheers-
    Mini

    http://www.vocalbureau.com

    Profile photo of westanwestan
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    @westan
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    September 18, 2003 - 11:57 am

    Hi mini

    this time i’ve used Kiwibank
    no application costs and 6.55% LOC

    i’m off on Sunday
    regards westan

    Profile photo of NeillNeill
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    @neill
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    September 18, 2003 - 10:51 pm

    Mini,

    You might find the following article of interest:

    http://www.propertytalk.co.nz/modules.php?name=News&file=article&sid=189&mode=&order=0&thold=0

    It talks about the NZMBA mortgage broker of the year award and names the national and regional winners. Mike Pero is listed as a joint winner for the Auckland region.

    Regards, Neill [:D]

    Profile photo of MiniMogulMiniMogul
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    September 18, 2003 - 11:23 pm

    wicked neill – thanks!

    Profile photo of MariaactMariaact
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    September 19, 2003 - 9:06 am

    Hi,

    I can arrange finance for purchase of NZ properties if thats any help!

    Located in Canberra so no OS phone bills :)

    Maria

    1300 720266

    Profile photo of KiwiInvestorKiwiInvestor
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    September 20, 2003 - 1:13 pm

    Hey,

    Try http://www.leveragefinance.co.nz they are mortgage bankers, set up to help investors get finance.

    Imagine the WHY and the HOW will come.

    Profile photo of MiniMogulMiniMogul
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    September 23, 2003 - 4:43 am

    thanks maria, muppet, recovery, westan and anyone I forgot,
    I am gonna go with Stoneman in Wanganui (near both properties, at least has a good feel for the area, and has been my insurance broker so far too.) and had a good chat to the dude there today who says there should be no problem.
    However…only 70 percent lend because of the towns I’m buying in (but i knew that!) and not sure if they will go for revolving line of credit because of them being a) rental properties and b) me being offshore.
    Thinks P and I won’t be a problem, though.

    Any comments????

    Profile photo of RodCRodC
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    @rodc
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    September 23, 2003 - 10:04 pm

    I wouldn’t have thought being rentals and an offshore investor would preclude you from having a LOC. You might be able to get a split loan – part P&I part LOC.

    Some of the banks in NZ will pay some of your legal fees as well, I don’t know if this applies in your case, Mini, as you already own the IPs but it’s worth asking the broker about.

    Rod.

    Profile photo of MiniMogulMiniMogul
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    September 23, 2003 - 11:52 pm

    hi Rod – yeah that’s what i thought.

    I was vibing Ron Stoneman. But when I rang up to speak to Ron, I got my young dude (“Junior”) that’s done my insurance broking.
    When I said I wanted to talk to Ron, he said Ron only does the ‘front end’ – talks to people at first – and then passes on to Junior for all the actual mortgage finding for people. I thought that Junior was slightly miffed that I hadn’t asked for him straight off. From then on I wasn’t really vibing Junior *at all*.

    Hmmm.
    cheers-
    Mini

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