by Global Finance | Apr 5, 2024 | Blog
Coming up are anticipated shifts in bank lending criteria in New Zealand that could significantly impact investors: namely changes to the bright-line test and the introduction of a debt-to-income ratio. As an investor or homebuyer, what could these changes mean for...
by Global Finance | Mar 14, 2024 | Blog
“Just because a bank has told you that you don’t qualify for a bank loan, don’t just take this as an absolute NO or assume that other banks will also turn down your home loan application because there’s something wrong in your profile.” it...
by Global Finance | Mar 1, 2024 | Blog
Securing a loan is not just about having a large enough deposit; it also involves a meticulous examination of your expenses. Banks look into your financial commitments and spending patterns, examining credit cards, store cards, loans, overdrafts, monthly bills and...
by Global Finance | Feb 8, 2024 | Blog
Whether you’re negotiating for a property purchase either by negotiation or through auction, we can’t stress enough how important it is that you have a clear understanding of how purchase of property and /or auctions work. A clear understanding of the ins and...
by Global Finance | Feb 2, 2024 | Blog
A very Important guide from Global Finance The phrase “interest-only mortgage” is actually a misnomer because it’s not an interest-only mortgage, it’s an interest-only period. Interest only mortgages still need to be paid off at some point reduce the principal....
by Global Finance | Jan 11, 2024 | Blog
Buying a house at auction in New Zealand can be exhilarating and nerve-wracking, especially for first-time home buyers. If approached with the right strategy, auctions can offer a fair and transparent way to secure a property. And that strategy involves careful...
