Misc

Lenders become brokers

In yet another case of lenders jumping the fence to join the ranks of mortgage brokers, former New Zealand manager for Australian wholesale lender Interstar Raoul Collings and local lending manager Joyti Singh are branching out to form a new broking firm, Mortgage Providers NZ.

Wednesday, January 07th 2004

Collings says there's "a huge growth opportunity," in broking. Currently brokers in New Zealand account for about 28% of the market while in Australia and the United States brokers account for about 40% and 82% of the market respectively.

Collings says his firm won’t be trying to be "all things to all borrowers."

Instead, they will target particular niches, including the self-employed.

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Changes at Tenancy Services for landlords

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
TSB Special	4.39
Co-operative Bank - Owner Occ	4.45
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

Westpac Special	4.45
SBS Bank Special	4.49
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	4.49
AIA - Go Home Loans	4.49
ANZ Special	4.49
ASB Bank	4.49
Co-operative Bank - Owner Occ	4.49
ICBC	4.59
Wairarapa Building Society	4.59

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
AIA - Go Home Loans	5.15
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.19
ANZ	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS FirstHome Combo	3.44
AIA - Back My Build	3.54
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89

Misc

Lenders become brokers

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