PHOTO: Mortgage Lending
New Zealand bank lending policies are changing rapidly, with huge variations among major lenders.
Since the shock from Covid-19, borrowing becomes harder for some people, but borrowing cost has gone down and people may be able to borrow more if they are banks’ ‘perfect’ customer. As mortgage advisor, we’d like you to keep you updated about these changes so when you plan to borrow for home loans, you can plan well and have the best chance of approval.
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