Over the last few months, the media has gone to town on the big banks, with stories of people being declined for mortgages over things like buying one too many coffees or spending too much on takeaway food.
It’s been widely reported in the press that the legislation introduced to protect borrowers had the unintended consequence of the big banks making intrusive inquiries into expenses – potentially preventing credit-worthy applicants from getting a mortgage.
At Resimac, we believe in finding customer-friendly ways to implement regulatory changes. Because YOU DESERVE BETTERER.
We developed a sensible method of assessing loans which complies with the new legislation while at the same time catering for your unique needs and situations. A recent review of the legislation has confirmed this method was perfectly valid, giving us a head start in making NZ mortgages borrower-first.
As residential property lending specialists, our sole purpose is to help you purchase properties, so you aren’t subjected to home loan ridiculousness.