Coaching you through the process of
financing a home, so you can concentrate
on what's really important in your life.

Love it, Buy it, Smash it

Friday, February 24, 2017

How would you like to be living in your own home AND  smash the mortgage as quickly as possible?  Or, do you have have some expensive debt you want to get rid of faster?

 

Well Test,  thats what this workshop is all about and you need to attend.  

 

When: Thursday 9th March

Where: Rolleston Community Centre Scout Hall

Time : 6 - 7.30 pm

Register here

 

It's a real minefield now to get into a home with kiwisaver, homestart grant, welcome home loans and changing bank requirements to deal with.

It really makes sense to understand these things before committing to buying and we have set up this evening to answer all of those questions.

Lani Gerber, senior solicitor of Kannangara Thomson Law will also join us to help you understand where your lawyer comes into this and what they do.  This is your time to pick her brains - for free!

We'll also go through some great strategies to smash your mortgage once you have it.  We know how tempting it is to keep chasing the lowest interest rate, but the loan structure is so much more important and will save you heaps.  NOT JUST BY PAYING MORE - but from where your cash and debt are sitting and in getting the structure of the loan right.

Another bonus is discussing the best ways to get rid of short term debt to get you looking much better for the banks - and to get your life back!

So, if any of this interests you, then we'd love to see you and answer your questions.  Feel confident to take the next step, whether its buying a home or getting rid of pesky debts.

 

When: Thursday 9th March

Where: Rolleston Community Centre Scout Hall

Time: 6 - 7.30pm

To register your interest plz email us 

We'd love you to pass this on to any email to any friends, family or colleagues who might benefit from this, and of course we'd love to see you too!

 

Jude and Tony Anker

 

smash your mortgage

Monday, November 09, 2015

Smashing your mortgage is easy when you know how!  heres 7 cunning ideas to save you money on your home loan...

1. Pay fortnightly 1/2 of what you would have paid monthly. (called paying bi-monthly)  So... usually you get to choose whether you want to pay weekly, fortnightly or monthly and at the end of a year youve paid the same amount, but if you work out the monthly amount and pay it fortnightly you will have paid a wopping amount straight off your balance.

2. When you come off a higher interest rate and refix, keep paying the same amount.  Whoever heard of such low interest rates???  Take advantage now and think of how much earlier you'll stop paying your mortgage - all of the extra comes off the amount owing.

3. When you get a bonus or payrise increase your mortgage payment.  Even if you are on a fixed rate most banks will allow you to increase your payments up to a certain amount or % age.  You'll never miss the money and its chomping into your balance.

4. Get offsetting! There are a couple of ways to do this via an offset account or a revolving credit facility.  Both very powerful and flexible.

5. Get a credit card.  WHAT!!! yep, in the right hands they can be very powerful tools and save you heaps of $$$.  Arrange to pay them IN FULL every month AUTOMATICALLY and you pay no interest on them. Mean time use in conjuction with an offset arrangement and you are saving heaps in interest.

6. Stay away from dodgy finance companies offering a quick solution at hideous interest rates and fees.  If your bank wont give you the money theres a really good reason why. You cant afford it.

7. Get your loan structure reviewed.  Some simple tweaks here and there can take years and years off the time it takes you to be mortgage free...  and it feels great!

Remember, its not just the principle you are paying that you save, its the iterest on that, and the interest on that, and the interest on that... well, you get the picture!

Easy eh!  Its my business to take the hard bits away from you so call me for a review of your mortgage.  Or of course if you know anyone who is thinking of buying then Id love to help them too.  I specialise in helping first home buyers who know nothing about the whole process.  And of course my service is free to you. I'm paid by the banks.

Posted? selling, buying, dont know what to do?

Monday, May 11, 2015

Its about that time, and soon you may be tapped on the shoulder with a posting to another camp.

Happened already to our oldest son and caused no end of anxiety about how to afford living in Auckland what to do with their current home. That was until we discussed the options avail and now his family have a clear (and much less anxious) path ahead.

And actually it might turn out to be quite an opportunity. He bought his first home before you could withdraw your super for the deposit and so its still sitting in there accruing nicely.

There is a way to access it under the 2nd chance home loan scheme and so we are looking into that. This one option is a game changer and could provide much more deposit to add to the pot and make buying and living in Akld work.

Your situation might be quite different, but the moral of the story is this. Get good advice from someone qualified to to give it to you. I work with Mercer to find out whats possible for service pers. I have the forms to apply for super and also work with your solicitor to make sure its all sorted property.

First home, 2nd chance home loan, or you may have used your super already and want to buy a home in the new location and dont know whether to sell your existing home. Whatever your situation I can help you know what is possible and guide you through the process.

So - in short contact me if you want to make things easier for yourself and to get the best deal. 03 319 5482 or 027 503 1080 Lets see if we can get you sorted. You know my service is free - the banks pay me.

Please send this to anyone you know who is looking to buy their own home. Posted or not, Id love to help them too.

Lets face it, you dont really WANT a home loan

Tuesday, March 24, 2015

Its the home you WANT of course - the home loan is what you need to get you there!

So, then why would you risk such an important part of the process by going with the first option your branch offers you? Or some random bank offering a special interest rate or cash for a limited time only? Who knows what fish hooks there may be attached.

It makes no sense at all to me when you can have me wade through everything on offer, help you to get you the best deal available, AND do all the negotiating for you? (and its a free service, the banks pay me)

Or, even worse - you might ask your branch and they say no! Don't be disheartened, it might just be their policy on the day. All banks have different policies and they change all the time. Its my business to know what the current rules are and to recommend the most appropiate loan and lender for your situation. And if its still no? Well we can work on a strategy to get you into a house later. No right now, doesnt mean no forever!

And then of course you get my advice and guidance along the way too, your bank wont do this, they are more concerned with gaining your business than looking after you now and in the future with your home loan needs.

To help you even further, I've just created 'my home buying plan' for when you get a home under offer - a quick check of this and you'll know you're on track - and of course you can always call me for advice. I give 'my home buying plan' to all my clients when we meet - but I'm happy to share it with you even if you havent worked with me yet, just flick me an email and I'll send it to you.

So - in short contact me if you want to make things easier for yourself and to get the best deal. 03 319 5482 or 027 503 1080 Lets see if we can get you into your first home.

Please send this to anyone you know who is looking to buy their own home. Id love to help them too.

Have a fantastic day!

Why an interest rate war is good for you

Monday, February 02, 2015

How do you feel when another bank advertises amazing rates? Tempted to move banks? Well don't jump ship without calling me...

I make it my business to negotiate with the banks on your behalf, and if your bank doesn't seem to be participating in the war to get business it doesn't mean we can't get them to match the other offers.

There are some interesting tactics being used to get your business. Cash, TVs, Cash plus discounts. It takes a bit to unravel what the best deal is and you have to take into account the cost of moving banks as well.

So instead of jumping ship - call me, and we can go through the numbers and make sure you are better off moving, or whether we can negotiate a much better deal for you at your own bank.

Remember the banks really want your business if you have a 20% deposit or equity and can afford the loan, so you are in a powerful position. The more loans they have in this category means the more they can have with smaller deposits so they will look after you - but we have to ask for it!

Who do you know that wants an advisor who really works in their best interests and pushes for the best result? (and you know this is a free service, the banks pay me)

Pass this to your friends and colleagues so they can see what may be possible.

Or, if you haven't taken the plunge yet then Contact me if you'd like to discuss your own situation. 027 503 1080 or 03 319 5482.

Banks sell money. Want advice? Then call me!

Monday, October 20, 2014

Buying a home is hard enough, without having to figure out the right finance solution as well. If you want solid advice on the best option for your own situation then use my experience and expertise, its FREE after all...

Many of the banks are advertising on great interest rates and cash bonuses, but how do you know the best way to save you money and let you have a life too?

Your own bank may not even have the right product for you, and certainly dont have the time for you to call and discuss things when you are worried. So, do you want to:

  • income or savings to reduce the amount of interest you pay?

  • have flexibility of payments, in case you get bonus or commission income?

  • have stability, knowing what your repayments will be?

  • set and forget, knowing its been sorted.

I make it my business to discuss with you the options available and what might work best in your situation. And going forward we review your situation and keep things on track.

Remember its not the interest rate - its the structure that will save you thousands of $$ in the long run and take years off your mortgage.

Oh, and by the way - its free to you because the banks value what I do and they pay me to sort out your loan for them. How good is that!!!

Who do you know that wants an advisor who really works in their best interests and pushes for the best result?

Pass this to your friends and colleagues so they can see what may be possible.

Or, if you havent taken the plunge yet then Contact me if you'd like to discuss your own situation. 027 503 1080 or 03 319 5482.

cash? discounts? employee packs?

Monday, July 14, 2014

Its really difficult to make the right decision when faced with offers of cash and discounts, a combo of both or an employee package, so how do you choose?

Well, this is where I come in of course. Lets look at a scenario (and this can be either when you first buy your home or when it is due to come off its fixed period).

Loan $300,000

Special 3 yrs 5.95% - thats an amazing rate when most in the market are 6.65% at best 6.25% for a great normal discounted rate. So a difference in 0.3% from 5.95% to 6.25%.

The difference in cost to you is $17 per week or $900 per year for the next 3 yrs - $2,700 saved. Quite a significent saving. But also take into account the cost of moving your mortgage:

  • Application fees (often zero but in some cases are charged)

  • Legals $1500 - $2000 typically

  • Break fees if you are still on a fixed rate

  • Hassle and often the new bank will want you to move all of your banking to them.

Then think about these things:

  • Will the new lender give cash as well to offset these costs?

  • Are there ongoing costs that you need to find out about (refixing loans etc)?

  • Does this lender have the online banking/branches etc that suits the way you bank?

  • the offer available if you have a smaller than 20% deposit or equity?

Another example - a cash offer, say $2000 or even $3000 to change banks - what does this really mean to your cashflow and will you be ahead after taking all of the above things into consideration?

Or - how about the employee package you can get. Is this better than the specials? In some circumstances it will in others no way.

The only way to really find out is to crunch the numbers and see which way you are better off. If you want help with that then I'll work with you to figure it out, often the best decision is to stay put and get me to negotiate for you.

And at the end of the day, the way you structure your loan is the most important thing. Its specific to your own circumstances and the specials offered may not even work for your own situation.

So, who do you know that wants an advisor who really works in their best interests and pushes for the best result?

Pass this to your friends and colleagues so they can see what may be possible.

Or, if you havent taken the plunge yet then Contact me if you'd like to discuss your own situation. 027 503 1080 or 03 319 5482.

time to refix? heres a trick to save money

Friday, January 31, 2014

If you are within 30 and at some banks 60 days of coming off your fixed rate loan we can reserve a rate in advance and lock it in.  Perfect in this situation of rising interest rates, you may just sneak in before they go up.

feeding kids in NZ

Tuesday, June 11, 2013

Feeding our kids is very topical at present, but at Investor Solutions we have been helping kids for over 3 years. For every loan we do we give to charity.  For the first 2 years it was to orphans in Nepal to have a place to live, after holidaying there and seeing the poverty all around us.  This year we brought our giving back to NZ and to feed kiwi kids, see the widget on our website and follow the link to Buy 1 Give 1, giving through businesses where 100% goes to the kids.

Refinancing - is it worth it?

Wednesday, February 29, 2012
The other day a client called to ask whether it was worth refinancing his rental property loan.  After I analysed his situation and interest he was paying at his existing lender I worked out he would save $60 per month in interest.  Because we got $1,750 from the new lender there was no cost to client to change banks.  So great win for him - $60 per month in his pocket.  Do you know anyone who would like to know if this might work for them?  Give me a yell 03 319 5482, 027 503 1080.


Contact us now to arrange a Home Loan, our services are FREE!