Second chance at loans

Friday 13 February 2004

Don't panic if you're rejected by the bank - these days you can still get a mortgage.

By The Landlord

If you don't meet the banks' strict criteria because you're self-employed or you have a bad credit history, then the growing non-conforming mortgage market may provide your finance. And it doesn't involve a loan shark.

In the past three years the non-conforming mortgage market has jumped the Tasman and established itself here.

Read More - Opens in a new window
Commenting is closed

Property News

Auckland sees highest sales since 2015

The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.

House Prices

Demand is keeping prices resilient

Stronger than anticipated demand from property buyers is helping to keep prices nationwide buoyant – and solidly up on last year - in the post-Covid housing market.

Commercial

Augusta Capital takeover bid now unconditional

ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.

Mortgages

ANZ eases servicing test

ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.

Site by PHP Developer