From application to post settlement we work with you every step of the way!
With a wealth of experience and a huge range of clients, no wonder we get so many repeat customers!
Clients love working with us, no 2 are the same so we will find the best fit for you!
At BRM financial our mission is to assist clients in finding the ideal mortgage solutions that align with their individual financial needs and aspirations. We possess a thorough understanding of the local market, we have fostered long-standing partnerships with numerous lenders, enabling us to offer our clients the most attractive rates and terms available. Whether you're a novice homebuyer or a seasoned investor, or a builder looking for a construction loan we remain dedicated to providing you with the best guidance throughout the mortgage process.
We offer a range of mortgage options for new homes, with a particular focus on construction mortgages, first-time buyer mortgages, investment mortgages, and refinance mortgages.
Builder or building your own home? Talk to us as we specialise in construction loans.
First home? Not sure what to do? Let us guide you every step of the way!
We have financed several investment properties and I know he’s saved me a lot of stress, time and money. If you are looking for a great mortgage broker who listens and does what he says, Brads your man
Phil Cramner
Brad has been out mortgage ‘go to’ guy for 10 years now and over that time he’s proven himself to be a super knowledgeable and attentive
David and Fiona Burrows
Thank you so much for all your help and guidance, working with you was a fun and professional experience, and we refer all our friends to BRM for mortgage advice.
James and Donna Wadlow
There are some important differences between using a broker and dealing with the banks direct. These differences are primarily designed to give the power back to you.
When dealing directly with the bank, we believe there is a conflict of interest. Banks are profit-making businesses and work in their best interests. We work for yours.
We provide a broader range of lending solutions by considering products from multiple providers, including competitors. Unlike banks, we can offer alternatives and tailor solutions that best match your specific needs.
BRM Financial regularly place business with many different mortgage lenders and therefore have stronger relationships and abilities to negotiate a better deal on your behalf.
With BRM, you'll have a single point of contact, ensuring a consistent and long-term relationship. Unlike internal bank staff who often get moved around, making it difficult to maintain a trusted lender connection, we handle the relationships with ever-changing bank staff on your behalf.
As the average NZ’er only negotiates a mortgage every 5-7 years, most Kiwis will never become an expert in mortgage lending. BRM do this every day and are finely attuned to the ever-changing market. By taking over the legwork, we leave you free to concentrate on what you do best.
Good mortgage brokers do not charge clients for their services (in most instances). As we are remunerated by the banks, we can offer our services and advice at no cost to you. Occasionally we may need to charge a fee for unusual or challenging lending, but this is rare and discussed upfront.. 99% of the time, our services are at no cost to you.
After a quick phone or internet conversation, we'll have a feel for your financial position and ability to borrow through the various NZ bank (and non-bank) lenders available. We can also answer any questions regarding the mortgage process and lending in general for the uninitiated. If you’re new to mortgage lending, we pride ourselves on our patience and are happy to take the time to ensure you feel comfortable, empowered, and understand the process.
As the various banks have different methods of assessment (based on the same financial information), we can accurately estimate the maximum loan size for each lender to find the best fit for the client.
If its found we can assist, next comes a fact-find where a more detailed picture of your financial position is taken.
As our clients enjoy communicating in different ways, we can do this face to face, over the phone/Skype or via email. If local, we are happy to schedule an appointment at your home or work, during the day or evening. Flexibility here is the key.
Once all relevant information has been taken, BRM will undertake the various applications, and negotiate directly with the appropriate lenders-all on your behalf.
Once a successful approval is negotiated, the bank ‘Letter of Offer’ is provided to the client, and we plan the actual build funding process. If not initially approved, a strategy is devised to ready the client for future success. We have worked with some clients for 18mths to make them acceptable to a lender, and are always happy to do so again. Sometimes patience and strategy here is the key.
Once a suitable builder/property/section is found, we will guide the process from conditional acceptance to an unconditional offer for finance. At this stage, we’re ensuring the bank is happy to take the property as security and satisfying certain conditions as outlined in the letter of offer.
BRM will also coordinate the progress payments as each milestone in the build is achieved. This keeps your builder happy, and you free to concentrate on the things that matter to you.
Upon final completion of the construction, we’ll structure the lending to ensure a perfect fit with client goals and future aspirations. We will also negotiate hard to maximise any interest rate discount and bank cash contribution to help with expenses (where applicable).
Gone are the days where a mortgage is settled and just left to run. To ensure maximum value at minimum cost, BRM will ensure the lending remains ‘fit for purpose’ long-term.
This could range from a regular review to ensure the current lender remains ‘best fit’, to ongoing interest rate negotiation and re-fixing.
There’s no secret to keeping a mortgage cost effective-only active management will ensure the minimum amount of interest is paid and the shortest repayment term enjoyed.
We offer mortgage options from banks, non-banks, and specialist lenders for home buying or refinancing. Consider rates, plans, occupancy, budget surplus, and constraints before committing to a fixed rate. First home buyers may qualify for a 'First Home Loan' using KiwiSaver as a deposit, and accepting family contributions is common. Our mortgage service is free, and advisors can accommodate your preferred meeting time, method, and location to avoid rushing after work or during lunch breaks.
We assist with:
Banks update lending criteria regularly, affecting your borrowing capacity. Contact us for guidance and information.
Got questions about what some of these mortgage terms are? Check out our frequently asked questions below!
This is the most common type of home loan. Most lenders will allow a maximum term of 30 years. Most of your repayments in the early stages of your loan pay off the interest while most of your repayments in later stages of your loan pay off the principal (the original amount borrowed).
You can take a table loan with a fixed rate of interest or a floating rate.
You pay the interest-only part of your loan and none of the loan itself, so the payments are lower and can make it easier on your cash flow. It is quite common to take an interest-only loan for a year or two and then switch to a table loan after that.
Revolving credit loans work like a giant overdraft. You pay can go directly onto your loan account and bills are paid out of the loan account when they’re due. By keeping your loan balance as low as possible as often as possible means, you pay less interest because lenders calculate interest daily.
You can make lump sum repayments onto your loan and re-draw any money up to your pre-approved limit.
This takes a highly disciplined borrower because there is the risk of always drawing back to your limit and never repaying the original loan amount.
This is similar to a Revolving Credit facility where you have the flexibility to redraw any extra repayments you have made on your loan, but the safety net that your maximum loan facility reduces over a period of time to make sure you repay all the loan at the end of the loan term.
Any extra repayments you make on your loan will help reduce your interest charges and therefore save you a substantial amount of interest over the long term.
Any extra repayments you make will be available for you to redraw at any time without penalty.
This is when you fix your interest rate for a period of time and can be from 6 months up to 5 years. Some lenders may offer other options but these are the most common.
The benefit is that your repayment is fixed and provides certainty for that period of time.
If interest rates move down, your repayment does not as it is fixed for that period of time. However, if interest rates go up, your repayment does not either.
Keep in mind that if you are at a fixed rate and choose to repay your loan while you are still in your fixed rate period, there may be penalties charged to you by the lender.
This is where your loan moves with the current interest rate market. So if interest rates go down, so does your repayment, and if interest rates go up, so does your repayment.
Floating rate loans provide a little more flexibility and should you decide to repay your loan, there should be no penalties for do so while you are on a floating rate loan.
At BRM Financial we specialise in a variety of mortgages, including new home, construction mortgages, first-time buyer mortgages, investment mortgages, and refinance mortgages. Let us know which type of mortgage you are interested in and we will work with you to find the best option for your needs.
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