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, from saving for a deposit to getting the best mortgage rates - leaving you to get on with the fun stuff, like planning your first BBQ.
Heard about Launchpad, the home loan for first home buyers with high income and low deposit? See if you qualify here.
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).
My advisor was excellent-he was responsive and explained options well to me. He followed up on what he said he would do and was great at communicating with me.[N
We loved Kat! She was always super helpful and explained things very clearly and simply. Having Kat help us at every step of the journey meant we felt confident to keep going!R
Alex was the best! Fast, friendly, and knowledgeable. Really helped me understand the process and got me a great set up. I will definitely be recommending him to family and friends who might need a mortgage broker. An absolute icon! 5 stars!T
I phoned squirrel got Alex he had it sorted out in no time great service fast response made changing banks easy thanks Glenn and Kathryn doelG
Our adviser, Jamie, was very helpful and patient with us. He took the time to explain the process and answer all of our questions.K
Squirrel were exceptional with guiding us through a refinance. The way that our broker managed our refinance was second to none! We had tried for 3years to change lenders and Squirrel's broker was the only one that stuck with us and got us across the line![N
Highly recommend! Really helpful in sorting things out for you. Also, the guidance and advice are really valuable because of their experience and knowledge on the market and services they offer.M
Jessica was so helpful and gave great advice, very knowledgeable and informative and very approachable. She made everything easy for me in a stressful situation, thanks Jess.DM
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. Our advisers don't receive any incentive to put one provider’s product in front of another, including our own, so their only motivation they have is to make you better off.
Not only do we have access to more banks than other brokers, but we have a community of over 5,000 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%. And if you're struggling to save those dollars, we've got ways to grow your money faster too.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.
We've put together an A-Z of what every potential first home buyer needs to know.
The ideal amount is 20% of the value of the property, but the reality is it can be possible to buy with as little as 10%. In some cases, if you're in a strong financial position, we can work with as little as 5% deposit using Launchpad, our very own first home loan designed to help high income earners into home ownership faster.
Squirrel have developed a unique lending product called Launchpad that allows some buyers with high income to purchase their first home with as little as 5% deposit. To see if you meet the criteria, head to the Launchpad page.
If you're struggling to save, check out our high interest on-call account to grow those savings faster!