We'll arm you with all the info you need, help you steer clear of the traps and sort you out with the best possible deal from the bank. We've even put together a handy with answers to questions you probably haven't come up with yet.
We've built our entire business around making sure the house buying process runs as smoothly as possible for you, leaving you to get on with the fun stuff, like planning your first BBQ.
We do a lot more than negotiate a good deal with the bank. Here's a snapshot of what we'll do for you:
If you like details, here are a few more reasons to use a mortgage broker (50 to be precise).
Hawkes Bay, [New Zealand]
Paul was recommended to us and we're so glad he was. Paul went above and beyond excellent service. Answering all our first home buyer questions and genuinely listening to us and giving us sound advice.T
Auckland, [New Zealand]
JB was super helpful, proactive and prompt. He quickly understood what I needed from this loan, researched the market and gave me a clear range of choices. After we discussed how to proceed, he made it happen super quick. Well done.J
Auckland, [New Zealand]
It was easy from start to finish. I felt well informed and my needs were exceeded. A very simple and satisfying process.G
Christchurch, New Zealand
I dealt with Faye Foster as my mortgage broker to help purchase my first home. She was really supportive, encouraging, friendly and approachable and had great communication. I would recommend Faye to anyone seeking a broker, she helped me own my first home.J
Napier, New Zealand
Lindsay was absolutely awesome. We had a couple of hurdles on the way which Lindsay solved admirably. i have no hesitation in recommending Squirrel to all. Thank youD
, New Zealand
We needed a solution to a complex property purchase and refinance. Squirrel and in particular Lindsay Hill was out standing in getting everything sorted even with very demanding timelines.B
Auckland, [New Zealand]
Working with Lindsay was great. He was very professional and easy to work with. We felt that he would go the extra mile to help us out.G
Takanini, [New Zealand]
Had a great experience with squirrel Sam was very helpful and made sure we where updated and knew what was happening every step of the way. Would highly recommend!Z
If you’ve got all the legal and financial stuff sorted early you’ll get in first on the great properties. Almost makes you feel sorry for everyone else. Almost. Tip: we can help you with this.
A mortgage is a huge sum of money, which means squeezing what feels like loose change out of your bank can save you thousands of bucks in the long run. Seriously. Get your mortgage right and it's the easiest money you'll make.
Don’t fall for their free-tv-cash-back-free-groceries-for-a-year trickery – choose the right mortgage, and you’ll be able to buy your own TV. Being on salaries (therefore unbiased), Squirrel advisers won't get sucked into sending you to a specific bank either.
Not only do we have access to more banks than other brokers, but we have a community of over 1,000 peer-to-peer lenders for a custom solution if you don't quite fit the bank's box.
It's usually the first thing to figure out, so you have a realistic idea of what house you're going for, what area and what kind of houses are in your price range. Our handy dandy calculator will help figure this out for you.Find out how much you can borrow
Most first home buyers will use their KiwiSaver as part of the deposit. But how does it work and how do you get it out? Here's everything you need to know.Everything there is to know about using KiwiSaver
When it comes to borrowing, the bigger the deposit the better. Yep 20% is a hefty chunk, but it’s ideal so you don’t have to pay extra interest. It's not as black and white as you might think though. As well as KiwiSaver, there are a few ways of making up that 20%.Learn the ins and outs of deposits
When we’re talking hundreds of thousands of dollars, a fraction of a percent change in interest or repayment rates can save you a packet. Having said that, life’s not all about money and sometimes it’s better to go with the lender that works for you long-term rather than saving some dollars in the short-term. We can help you make the right choice.Understanding your mortgage
We have tons of blogs just for you, young home buyer. Arm yourself with all the knowledge you can so you've got the edge above your competition.All articles
Stay up to date with what's happening in the property market, and get the latest tips and tricks to help with your journey to your first home.
Filling in our online application gives us enough information to have a good chat about what you're wanting to achieve, and focus on the stuff that's important to you. In a nutshell, we'll meet with you to discuss next steps, answer any questions and once you're ready, we'll submit an application for pre-approval to the bank on your behalf.
Once you're pre-approved, you'll be in a strong position to hit up all the open homes your heart desires! We'll be just a phone call or email away to answer any questions you have, or to put any properties you're interested in under the microscope and give our thoughts on it. We can also help with all the due diligence like arranging building inspections and valuations, and looking over the LIM report.
Eventually when you find the one, we'll walk you through the process of purchasing. Then we arrange your finance, negotiate a sweet deal with the bank and structure your mortgage in a way that works for you.
A mortgage is a long-term debt and we're with you for the long-haul. We'll remind you when your mortgage comes up for renewal and continue to make sure you're getting the best rates on offer.
If you're a first home buyer you can withdraw KiwiSaver contributions made by you and your employer to use as a deposit towards your new home if you meet these conditions:
Have a read of this article for everything you need to know about using your KiwiSaver.
It normally takes less than three days to arrange finance but it pays to get organised ahead of time. Every now and then, the banks can be a bit slow, especially if the mortgage is over 80% of the property’s value. So, if you are borrowing over 80%, allow for 5-7 working days to get an approval. Bottom line is, the earlier you talk to us and get things rolling the easier it’ll be for all.
You normally agree to pay the deposit once the sale goes unconditional. Occasionally real estate agents ask for the deposit upfront but this isn’t all that common.
Although it is best to pay the deposit on the day you go unconditional, this is often not possible because of the amount of paperwork required to get temporary facilities in place. If this is the case, you can go unconditional and just let the agent know that the deposit will be paid within 48 hours.
Always check with your solicitor – you have three working days from being served notice (by the vendor’s solicitor) to pay the deposit. This means you have at least three working days from going unconditional to pay it. That’s enough time to search through a few couches – or set up alternative arrangements.
Remember: The KiwiSaver rules changed recently to allow the early release of funds to be used as a deposit. This needs to be managed through your solicitor and is worth getting underway as early as possible.
Head over here - we've put together an A-Z of what every potential first home buyer needs to know.