Book a 10-minute introductory chat

Get help clarifying your current situation and immediate goals. If you want further help we will then match you with an adviser specialised in your situation.

Get all the above and more! Your best opportunity to get started is to order your free borrowing summary.

Popular Articles

Rules, Strategies And Tactics Of The Property Investing Game Revealed.

Have you ever seen how property investors create $500,000+ of profit from a single property purchase? We can show you the case studies. Enrol in the free 21-day email course today.

ANZ support options

ANZ has launched its home loan support service. They are handling queries via a ‘call back form’ on their website.

Excerpt from ANZ’s website. Updated 1 April 2020.

If you need to relieve the pressure of home loan repayments because of COVID-19, here are some ways we may be able to help: 

Reduce your repayments.
We may be able to suggest ways to restructure your lending to reduce your repayment amount. For example, extending your loan term or switching to interest-only repayments… Early Repayment Recovery may be charged if you ask to change your loan to a lower fixed rate or want to increase your repayments before the current fixed-rate period ends.

Home loan repayment deferral.
(Big points for ANZ referring to it as a deferral as opposed to a holiday).
If you’re financially impacted by COVID-19, you can apply for a home loan repayment deferral – sometimes known as a “mortgage repayment holiday”. A home loan repayment deferral allows you to pause your scheduled repayments for up to 6 months.
Although you won’t have to make your scheduled repayments, it’s important to know that the amount you owe on your loan will increase during your deferral period. We’ll still charge interest on what you owe, which will be added to your outstanding balance. You’ll then be charged interest on your outstanding balance as normal. Because you’ll end up paying more on your loan over the longer term, we recommend you carefully consider whether it’s the best option for you.

Top-up your home loan.
If you need some extra funds to help get you through this period, you may be able to apply to top-up your existing home loan. We’ll waive home loan application or top-up application fees if you ask when you apply. Available until further notice.

Low Equity Premium waiver for first home buyers using KiwiSaver
If you’ve gone unconditional on a house and you’re using KiwiSaver towards your deposit, your KiwiSaver account balance may have reduced due to share market volatility.
If your Loan to Value Ratio has moved over 80% due to this, we will waive the Low Equity Premium we’d normally charge and still provide access to our Special fixed rates.

To understand your borrowing power calculations from ANZ and other banks check out this page about mortgage calculations.

Source Link


Get Started.

Want fast answers? You will love your borrowing summary.
👍 Up to date bank valuations to find out how much equity you can use.
👍 Borrowing calculator with the new new CCCFA rules in mind.
👍 Compound effect calculator to identify your retirement gap.
👍 And more!!

Resources to get you started:

What Should You Do Next?

The Mortgage Lifecycle will guide your mortgage and property investment decisions. We created this model so clients know what to focus on at each stage of their journey to ture financial independence. What stage are you at right now?

Our Advice Process.

Excellent advice makes your life easier and more successful. Learn what to expect at every stage of our advice process, and ‘why’ we’ve structured it this way for you.

Spend 3 hours virtually with Blandon. Attend a Masterclass.

For each of the three stages in the mortgage lifecycle, we have a paid masterclass to unpack exactly where you are, what options you have now and what strategies you should implement today.

Book your 10-minute introductory chat. Get clarity on your current situation, goals and next steps.

Popular Articles and Pages