The Path to Homeownership is with Capital Finance
Navigate the process with Capital Finance
Download our First Home Buyer’s Guide today and get all the information you need to begin the lending process. Our comprehensive guide covers everything from the different types of mortgages available to tips for finding the right home.
The guide has been designed to answer every question you might have about the home-buying process and provide you with valuable resources and insights to help you navigate the mortgage process with confidence. With Capital Finance’s expert advice and personalized guidance, you’ll have all the information you need to secure the right mortgage.
So why wait? Download our First-Time Home Buyer’s Guide today and start your journey to homeownership!
The first step to building your portfolio
Purchasing a home has helped countless Kiwis create generational wealth. Thanks to our competitive loan terms, you can access the capital needed to make a life-changing investment.
Money Down
Typically, a deposit of at least 20% of the home’s value is required. You’ll pay the remainder over time according to your mortgage terms.
Your Home Loan
Our team of experienced loan specialists will curate a mortgage that reflects your finances and goals, ensuring that you find the best solution for your individual needs.
The Process
Consulting
The initial stage of purchasing a home begins with connecting with a trusted mortgage advisor like Capital Finance. Our specialists will work with you to determine your borrowing capacity based on several factors, including your income, monthly expenses, assets, and other financial metrics.
Pre-Approval
The next step is getting pre-approved by a bank. Our team will be there every step of the way, providing personalized guidance and expert support to help you gather all the necessary information. Once all the information has been submitted, we will submit your application to your preferred bank and determine your pre-approved loan amount.
Finding a Home
The third and most exciting step is locating the perfect property. After you’ve discovered your dream home within your pre-approved loan amount, our team will work with the bank to verify if the property is acceptable as collateral.
Sale and Purchase Agreement
After receiving approval from the bank, you can sign the Sale and Purchase Agreement for the property. We advise including a conditional offer as it provides sufficient time to conduct an appraisal and ensure that the property meets your requirements.
Unconditional Contract
Once both the bank and seller approve the property, you can inform your solicitor to inform the vendor that the contract is now unconditional. This process typically takes 5-10 business days to complete.
Settlement Date
The last and final step is signing day, where you can officially transfer property ownership to your name. Before this momentous occasion, our team will meet with you to discuss the optimal mortgage structure, the best possible rates, and any potential cash offers so that we are well-prepared for signing.
Ready to start your journey to homeownership?
Take the first step by reaching out to one of our loan specialists.