Buying your first home is an exciting time but there are so many unknowns. The good news is that we arrange home loans every day and will happily find a great mortgage for you. In addition we'll also help with information on who else you should be talking to. If you don't have a deposit there are several 95% Home Loan lending options available: some lenders will even allow you to keep your Student Loan and sometimes a few other debts.

Pre-Approvals:

We are happy to arrange pre-approved finance for anyone looking to purchase. This can make a big difference when there are other competing purchasers or you want to make a cheeky offer. Remember, a verbal approval from the bank is not enough, it MUST be in writing. Click here for NZMBA Loan Application Form. 

Property Investors:

David Tillman has been investing in property for over 20 years which means he not only "talks the talk" he can also "walk the walk". David is a full member of the Canterbury Property Investors Association and is always happy to share his knowledge.

Note: An Investment Property Mortgage is generally structured differently to a standard Home Loan. We work closely with your Accountant and Solicitor to ensure you have tax effective structures in place.

Self-employed (with or without financial statements):

Being self-employed and dealing with Bank lending rules is no longer a nightmare. At David Tillman Mortgages you have access to up to 75% lending without the need to provide financial accounts (low doc and no doc). This is a new and evolving area of lending, for the latest options phone or email us now.

Refinance:

From time to time people outgrow their Bank and look to refinance on more favourable terms i.e. lower interest rates, lower fees and more flexibility.

Revolving Lines of Credit (RLC):

A revolving line of credit is a popular tool for repaying a mortgage faster and giving greater flexibility. However they're not suited to everyone and it is important to talk to us about the risks.

Building and Construction Loans:

We can now fund up to 95% to build a home, plus make allowances for cost overruns and interest payments.

Buying a Section:

Funding of up to 90% is available to purchase a section.

Australian Loans:

When buying property in Australia you want as much of your borrowing as possible in Australian dollars to minimise any exchange rate risk. This is an area we specialise in and can assist you in arranging the finance without the hassle of dealing with Australian Banks direct. 

Mortgage Reduction:

It's a sad fact that when people are buying a house all they worry about is the interest rate and give no thought to paying the mortgage off faster. A couple of years later they realise the loan is not reducing, and wonder why.

Think about this, a 0.10% saving on a $150,000 mortgage is worth approx $6,000 over 25 years (this will probably mean changing Banks regularly). One cup of coffee a day ($3) is worth approx $44,000 on the same mortgage. What's more the term is reduced by 4 years and 9 months. So start thinking about the big picture and ask for some ideas on repaying your mortgage faster.

Equity Release:

Sometimes called reverse mortgages are a great way to maintain a comfortable lifestyle in retirement. Funds can be used for any purpose including holidays, medical fees and home improvements.

Adverse Credit (Expert advice could make the difference):

Finance of up to 90% is available to people whose credit rating has been damaged. The loans are designed to give you time to improve your credit rating and get back into mainstream bank lending.

Overseas Borrowers / Non Residents:

Finance of up to 80% is available to people who wish to own property in New Zealand while living overseas or are still applying for residency. With email and fax we can arrange loans for people anywhere in the world.