Mortgage Brokers in New Zealand

Mortgage brokers, also called mortgage advisers, help people secure home loans by comparing offers across multiple banks and non-bank lenders. They handle pre-approval, structure the loan and present an application in the best light. First home buyers, people refinancing and investors all use them to save legwork and find a sharper rate.

A broker giving home loan advice must be a registered financial adviser working under a Financial Advice Provider licence, checkable on the Financial Service Providers Register. Most are paid commission by the lender rather than charging you a fee, so ask how they are paid and how many lenders they work with. A broker covering more lenders gives you a wider comparison than going to one bank.