Personal loans are usually unsecured
Common uses of personal loans include financing large purchases, overcoming emergency expenses, and debt consolidation. Personal loans are usually unsecured, repayable in monthly instalments and interest-bearing.
If you have stable income and good credit, a personal loan is a good idea as it can offer you lower interest rates. On the other hand, if you have a precarious job and a low credit rating, you will get a relatively high interest rate.
Connect with us
We have local experts available to help you with all things finance related. They’ll make complicated easy and provide you with the information and advice you need to make the right decisions with your money.
Being prepared to meet your broker
TURNING POINT FINANCE
4/13 Laidlaw Way, East Tamaki, Auckland
021 481713
We’ll need to ask you a number of questions about your financial position, so it’s best to bring as much information as you can to this first meeting, such as:
- pay slip or proof of income
- current bank statements
- your passport or driver’s licence (ID) or birth certificate
- tax returns or tax assessment notice
- copies of recent statements for other credit facilities such as credit cards or other loans
- Sit down with you and get a thorough understanding of your circumstances, needs and goals.
- Based on your individual situation, compare a range of home loans from our wide choice of lenders – including the major banks – to help you work out the options that suit you without you having to do any of the legwork.
- Give you a clear comparison between different home loans.
- Calculate how much you can borrow and your likely monthly repayments so you know the price range you can afford to buy in.
- Explain all the costs associated with a loan.
- Prepare the paperwork, lodge the application and take care of all the running around.
- Help you complete and lodge an application for the First Home Owners Grant (if applicable).
- Negotiate the right deal for your needs with the lenders. Lenders receive a significant amount of business through the broker channel so it’s in their best interest to work closely with brokers.
- Explain the home buying process end-to-end.
- Liaise with your lender to get an indicative approval and provide any additional information if required.
- Provide property details, such as contracts, to your lender once you’ve found your property and follow up with the lender until final approval is provided.
- Advise you on the information and documentation your solicitor or conveyancer needs to provide to complete the transaction.
From first home buyers who are just starting out, to seasoned property investors who want to save time and legwork, a mortgage broker can provide valuable guidance and support no matter where you are in your home buying journey.
Find out when you should see a broker based on where you are on the home buying journey here.
Why use a TP Finance broker?
Over the years, our passion for offering choice and advice has been extended to other areas of personal and business finance, including our industry leading financial planning service
Access hundreds of loans from our wide choice of lenders, including the big 4 banks. We shop around for you and your broker can negotiate a competitive rate.
We can offer our home loan service at no charge to you because the lenders pay us a commission when the mortgage is settled. This doesn’t affect the deal you get from the lender.
The banks are competing hard for your business. Let us help you choose the right deal with expert advice at no cost to you.
Hectic lifestyles don’t leave time for long daytime meetings at the bank. We offer appointments at the time and place that suits you, including after work.
From comparing home loan options to preparing the paperwork and supporting you through to settlement, your mortgage broker does all the running around.
Your TP Finance broker will:
Evaluate your needs
Your Mortgage Choice broker will work with you to get a detailed picture of what you need from a home loan.
Calculate borrowing power
Your mortgage broker will calculate how much you can borrow so that you know the price range you can afford.
Compare your options
Your broker will compare and contrast hundreds of home loan products from over 20 lenders, including the big four banks.
Give expert advice
The banks are competing hard for your business. Your broker will provide expert advice to help you choose the home loan deal that’s right for you.
Do all the legwork
Your broker will do all the paperwork and follow through the entire process with the lender from start to finish, making it as hassle-free as possible for you.
Pre-approval
Your broker may even be able to get you pre-approval on your home loan so that you can make an offer on a property or bid at auction with confidence.
All at no cost to you!
Your broker will do all of this at no charge to you because the lenders pay us a commission when the mortgage is settled. This doesn’t affect the deal you get from the lender.
We pay your broker the same rate
At TP Finance , the only thing that matters to us is the home loan that’s right for you. So we pay your broker the same rate no matter which home loan you choose from our wide choice of lenders.