IF YOU ARE BUYING OR BUILDING YOUR FIRST OR NEXT HOME, TALK WITH THE HOME LOAN EXPERTS
EXPERTS WITH BRIDGING FINANCE SOLUTIONS IN NZ
Bridging finance can give you time to plan, get a new job, or sell your existing property. Perhaps you just need to take time out, financially? Bridging finance can either have a definite repayment date, as you may have sold a property unconditionally, or a set date when you can restart payments, which Banks tend to prefer. If there is no set timeframe for repayment, this is often when Non Bank lenders can assist.
With good equity in your current property, there should be options to increase your loan to provide a cash buffer for interest, or interest can be added to the loan, which is also referred to as being “capped” monthly, so you don’t have monthly repayments to meet from your own income or savings.
If you are interested in finding out more about bridging finance, we can meet up with you or discuss by phone and once we understand what you are looking to achieve, can see if there is a solution for you.