Brad Jones - The Mortgage Supply Co

If you need a loan approval before Christmas, now is the time to get on to it. Most of the banks are turning around applications in 1-2 weeks, so there’s plenty of time to get your application submitted before Christmas. However, if it takes you some time to gather the necessary information or documents, or there are delays with the banks, this could easily stretch out, so better to get onto it right away.

If you like bowls or would like to give it a try, Blockhouse Bay Bowls Inc if running Twilight bowls in November/December. It is a fun competition, open to everyone, whatever your experience level.

ANZ have announced an amazing special rate today, of 5.59% fixed for 1 year for loans under 80% LVR.

This is for a limited time so we can’t be sure how long it will last, but if you are able to take advantage of it, then you really should. Most banks have their lowest 1 year rate at 6.19% right now. The interest difference of 0.6% on a $500,000 loan is $3,000 for a year!

Contact me now to see how you can secure this rate.

T&C's Apply

I had a great night hosting The Homestead Pt Chevalier’s annual quiz night. Congratulations to all our winners with Second Time Lucky taking out top spot. Thank you to everyone who helped make the night a success. I look for to seeing you all again at the next one.

A wee reminder to put your clocks forward One Hour tonight for Daylight Saving.

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This offer can only be accessed by going through your Mortgage Adviser (T&C Apply)

👉5.99% pa for 6 months
👉1% cash back capped at $20,000
👉Can be for a New Purchase, Refinance, or First Home Buyer

Call me today to find out more 021 953 253

With a new season just arriving and rates on the move, now is a good time to review your Mortgage to ensure you are getting the best out of it.

Contact me today Brad Jones 021 953 253

Happy Father's Day to all the Dad's and the Dad like figures. Enjoy your special day.

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https://mortgagesupply.co.nz/msc-adviser-brad-jones-newsletter-sign-up

Do you have a mortgage but want to manage it more efficiently?

The answer might be to refinance to a new bank.

Advantages could include:

👉Extending the loan term to reduce minimum payments, but providing a greater surplus to work down the balance just as quickly
👉A cash contribution. The banks like to give cash to new borrowers.
👉Improved loan structure or using a type of loan that your existing bank doesn’t offer. These can help you to manage your accounts more effectively and reduce interest charges.
👉The interest rates are usually similar between banks, but sometimes there is a better rate available with a different bank.

Contact me today to find out more.
Brad Jones 021 953 253

👉 Banks are stricter and tougher on self-employed applicants, compared with salary earners, so it requires some good advice and guidance, but it is certainly possible.

👉 Usually want to have 2 full years of self-employment, ideally with completed business financials for at least one full year. Those 2 years should be fairly consistent, so for new start-ups, that might need to be more than 2 years to provide the consistency and stability the banks crave.

👉 Some banks can accept less, and some non-bank lenders can accept 6 months of self-employment

Yesterday, I was thrilled to be involved in the Auckland Business Chamber's Employer Day for their Cadetmax NZ recruits.

This is a program for young people looking for work, designed to help them succeed.

I was honoured to be invited by the wonderful Natalie Oborne (Business Development for the Auckland Business Chamber), who is a part of this valuable program.

I loved being involved, and I was really impressed by the individuals I spoke to.

I wasn’t there to find new staff, more to share my work experience in a few different fields. But I did come across a few young people who I think would be well suited to an entry-level role in the finance industry. If any advisers are looking for support staff (admin, loan writers), I could recommend a few motivated, talented young people.

There may even be an option to have their wages subsidized in the initial stages of their employment.

Or if you are looking for new staff in other industries, perhaps contact Natalie as she might be able to recommend someone amazing.

The Mortgage Supply Co

👉 Are you wanting to purchase your First Home?

👉 Don't think the numbers stack up? It might be better than you think.

👉 Book a free 30 min appointment now with me and I'll provide you with an overview of what your options are.

https://calendly.com/bradmortgagesupplyco/30min

👉 Fixed Rate about to expire? Now is the time to Review your Mortgage!

Clicking yes to the rates the bank offers you might be the easy option but not necessarily the best option.

Book a free 30 min review with me today for a Mortgage Health Check
https://calendly.com/bradmortgagesupplyco/30min

Brad Jones Welcome to my scheduling page. Please follow the instructions to add an event to my calendar.

Happy Mother’s Day to all of the mothers out there. I hope you get pampered, or at the very least, get some peace and quiet. Special mention to my own lovely mother, my mother in-law and of course to my wonderful wife.

Wonder how Bad Credit impacts your lending. Check out my Mini Blog.

Brad Jones - The Mortgage Supply Co on Google How much does bad credit impact my chances of getting a mortgage? Or I had a few defaults when I was younger will this stop me from getting into my First Home? Just two of many questions I get as Mortgage Adviser. It depends exactly what you mean by bad credit, and there are probably 3 different thi...

👀 Looking to make your next move?

☎ Call to me today so see how I can help.

Brad Jones 021 953 253

Lest We Forget - ANZAC Day 2024

👉Big News: SBS is now offering 5.99% for 3 years fixed.👈

Your first reaction may be the same as mine, that 3 years isn’t a good option at the moment, when rates are expected to drop soon.

But I gave it some thought and decided that there is no such thing as a bad fixed term, so long as the rate is low enough. If the rate was 5%, or 4% for 3 years, would it be worth taking? Probably. The question is whether this rate is low enough to make a 3 year fixed term a good option.

I can’t see the future, so I can’t say for sure, but I can give you a comparison: You can fix right now at around 7% for 1 year. If, after a year, you could fix for 1 more year at 6%, then a year later at 5%, that would be roughly the same as 6% for 3 years. I don’t know if the rates in 1 or 2 years will be better or worse than that, but that is kind of the point. The 6% for 3 years might prove to be better.

It includes an additional bonus in comparison: that the rate (and repayments) will be lower NOW. If you are coming off fixed and the available rates seem unmanageably high, this is a good option, even if you might end up paying a bit more interest over the course of the 3-year term.

With SBS currently offering a 1% cash contribution, that might be a compelling option to refinance your existing lending.

☎ Call me now if you’d like to discuss this further.

👉Big News. One of our lenders have announced a big drop in their rates in the last 24 hours.

☎To find out more call me today
021 953 253