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Already own your home? We make sure your mortgage is working for you

Already Own and Want to

Check You Have the Best Mortgage?

Talk to a Mortgage Broker

Already own your own home? We could save you thousands of dollars on your mortgage.

It’s amazing how a small tweak can save you thousands, or even tens of thousands, of dollars over the term of your mortgage.

When you first purchased you may have been forced to go with a particular bank. Maybe your income has changed or you’ve had a baby. Or you’re dreaming of using some of the equity in your house to do some renovations.

Whatever your situation, now you’re a couple of years on, it’s time to reassess.

Some questions to ask yourself:

  • Are you happy with the bank you are with?
  • Do they offer all the mortgage products you need to pay down your mortgage quickly?
  • Have you reviewed your mortgage in the last 2 years?

That’s where we come in.

We will:

  • Assess your current structure and situation
  • Consider what the other banks provide
  • Provide specific advice on the best mortgage structure and bank for you
  • Manage any changes to your mortgage as a result of the review.

If you’re looking to refix your current mortgage we can help you negotiate the best deal with your bank. Click here for more information.

Talk to an adviser today.

Our mortgage brokers can help you…

  • Save money on interest rates
  • Find the best bank for you
  • Pay your mortgage down more quickly
  • Upgrade your home

and much more!

Not sure whether now’s the right time?

Even if you’ve got fixed mortgage rates, we can review your mortgage at no cost and see whether a complete change is right for you.  There’s no cost and no contracts.  If we help you into a better financial position, we’re paid by the banks.

FAQs

Almost all Mortgage Lab services are at no direct cost to you as our brokers get paid a commission by the banks and other lenders when a mortgage is finalised or refixed.

The exceptions to this:

  • If a mortgage is paid off or discharged within 27 months, a fee may be incurred.  See our FAQ: What if I sell my home or refinance my mortgage shortly after using a mortgage broker?
  • Finance companies may require a fee to be added to the loan rather than paying us a commission. You’ll always be made aware of these fees long before they are locked in.
  • If, following the service provided by the adviser, you elect not to continue engaging Mortgage Lab to settle the mortgage or finalise the insurance product, the adviser may charge you an hourly rate of $250 for the work provided.  The maximum charge we will typically invoice for is $2,500.

The commissions paid are below.  These commissions are accurate at the time of writing – 15th March 2021

Lender Upfront Trail Refix
ANZ 0.85% N/a $150
BNZ 0.55% 0.15% N/a
ASB 0.85% N/a $150
Westpac 0.60% 0.20% N /a
Sovereign Home Loans 0.60% 0.20% N/a
ASAP Finance Limited Fee Charged N/a N/a
Avanti Finance Up to 0.80% N/a N/a
BlueStone 0.90% + 0.30% (after 18 & 24 months) N/a N/a
Cressida Fee Charged N/a N/a
DBR Fee Charged N/a N/a
First Mortgage Trust Fee Charged N/a N/a
Heartland Bank (Reverse Mortgage) 1.50% N/a N/a
Liberty Financial 0.60% 0.15% N/a
NZCU (Personal Loans) 1.00% N/a N/a
RESIMAC 0.60% 0.15% N/a
SBS Bank 0.80% N/a $150
Southern Cross Fee Charged N/a N/a
The Co-operative Bank 0.70% N/A $150

 

From time to time we may receive additional referral payments from our business partners.  Some advisers may receive payments for referring mortgages, Life and Health insurance, KiwiSaver, currency exchange or Fire and General insurance.  Mortgage Lab and the advisers do a significant amount of due diligence to make sure that all referrals are to companies of the highest quality and compliance standards.  The decision to refer to a partnering business is based on quality service first and the payment received second.

This is called bridging finance. It can get a little expensive but is possible if you have enough equity in your current home. Generally, if the total of your current mortgage + the new purchase = less than 80% of both properties it is achievable. You would need to commit to selling your current property within 6 months.

The first step to upgrading your home is to know what is financially possible. There is no cost when consulting a Mortgage Lab broker so we recommend talking to an adviser early to see what is possible for your financial situation.

What Past Clients Say…

current home owner

Amazing every step of the way, no question was to hard and kept us up to date with how everything was going!

Rachel Railey

Refinance - L Fisher, Waikato
current home owner

Huriana has been amazing throughout our whole process! From the minute we contacted her to ask for advice to the minute our build contract and section settled – she was there. Huriana was highly professional and helpful during what ended up being a long and complicated process. To be hone…

Huriana Tahere

New Build - Christchurch
current home owner

I cannot recommend Robyn highly enough. Stand-out! Awesome, amazing and made everything stress free. Robyn was amazing!

Robyn Turner

Refinance - Christchurch
current home owner

Our adviser was so helpful answering our questions and taking different properties to the bank for us, as we missed out on a few houses before we finally got one. It was nice to know she was on our side all the way.

Robyn Turner

New Home - D Menzies, Tauranga
current home owner

Brett has been fantastic. He’s knowledgeable and accomodating. There wasn’t anything I asked of him that he couldn’t work with and figure out some option for. I’ll never use anyone other than Brett again.

Brett Davies

New Home - H Sanders, Auckland
current home owner

Robyn has been wonderful and made the paperwork hassle an easy thing. We are very grateful for her help.

Robyn Turner

Refinance - A Thierry, Christchurch
current home owner

Karen was the ultimate professional offering great options and very helpful answering any questions I had. I would recommend this service to anyone either buying their first home or just looking at their choices.

Karen Hyland

Top Up - J Vickers, Auckland
current home owner

Laura is perfect! Smart, efficient, get to the point, proactive, no complicated docs and no emails going back and forth, just perfect!

Laura Cates

New Home - J No-Ingham, Northland
current home owner

Karen and I work in similar industries so I thought I had a pretty good idea about what I wanted to do with my mortgage. Her advice far exceeded my expectations, she was thorough, fast, saved me more money than I expected in multiple ways and will absolutely be using her again!

Karen Hyland

Refinance - Auckland
current home owner

Amazing at her job. Totally recommendable.

Robyn Turner

Refinance - D Jory, Tauranga
current home owner

Karen was amazing, super quick and helped us amazingly. She was also great at answering any stupid questions that we had and explained everything in an easy to understand way. She was amazing, going above and beyond what we had expected.

Karen Hyland

New Home - S North, Auckland
current home owner

Samuel was great to work with and really pushed things through for us when it looked like the banks were playing hard ball. He was very responsive, professional and friendly.

Samuel Eva

Ex-Pat New Home - C Jackson, Auckland
current home owner

Lynne was perfect for us. I know that the Mortgage Lab have great systems and support and Lynne was excellent.

Lynne Dent

Top Up - B Barr, Christchurch
current home owner

Laura made this process painless. We have some advantages in our favour but it was effortless from our end. Highly recommended.

Laura Cates

New Home - P Smith, Northland
current home owner

Very professional service.

Samuel Eva

Top Up - G Eva, Auckland
current home owner

We are very happy with Johnny, he understand very well our needs, our ability and he also understand how the financial institution works therefore he is able to provide us some solutions.

Johnny Ang

Top Up - K Sulinom, Auckland
current home owner

Much better outcome than what I expected. Very nice person with great knowledge and advises.

Johnny Ang

Top Up - J Sugiarto, Auckland
current home owner

Johnny Ang is a reliable professional with great character. He had exceeded our expectations and went extra mile helping us. We will definite engage him again!

Johnny Ang

Refinance - E Mangampat, Auckland
current home owner

Great listener and communicator, safe hands with sensitive information and guidance and presenting of options is all you want when negotiating with Banks. Cannot thank Karen enough.

Karen Hyland

New Build - C Bain, Auckland
current home owner

Robyn is an amazing, competent, capable and detailed broker to have on your side! She turned our dreams to realty.

Robyn Turner

Refinance - Tauranga
current home owner

I found Robyn very attentive and knowledgable. I had a complicated application and she made it very easy for me. She managed to get it all sorted for me.

Robyn Turner

Refinance - Tauranga
current home owner

Lynne took all the hassle and stress out of remortgaging my home, infinitely capable, Lynne had me “sorted out ” in double quick time. Even while on holiday Lynne kept me up to the minute on progress……. Legend

Lynne Dent

KiwiSaver and Mortgage Refix - V Stokes, Christchurch
current home owner

I thought Lynne was great, managed to get our mortgage sorted very quickly.

Lynne Dent

New Home - T Michelle, Christchurch
current home owner
Lynne was recommended to me and I highly recommend Lynne to others. Lynne is highly professional and uses down to earth language.  She has a vast financial knowledge base and I could feel her passion for helping women gain financial freedom. Cheers Lynne you’re an absolute gem.

Lynne Dent

New Home - C Bunting, Christchurch
current home owner

Extremely helpful and responsive.

Kyn Jackson

New Home - A Hancock, Auckland
current home owner

Brett is excellent, we’ve worked with him for over 3 years now. From his initial consultation for a simple (ish) mortgage to our recently sorted construction loan Brett works hard to make sure the job is done. We would recommend his as your finance partner!

Brett Davies

New Home - A Camson, Auckland
current home owner

Huriana has been fantastic, no hesitation in recommending her.

Huriana Tahere

Refinance - D Ackley, Christchurch
current home owner

Lynne was great to work with as a broker.

She was clear about what could be achieved and was available to field questions.

In what have been challenging times she worked really hard for us and was most interested getting the right outcome rather than the quickest solution.

We will be working with Lynne in the future…

Lynne Dent

New Home - J Reeves, Christchurch
current home owner

What a fantastic service! Brett is a pleasure to work with, he is highly professional, communicative and was able to sort our mortgage out for us at very short notice. He really went the extra mile to make sure everything was in place for our settlement.

Brett Davies

New Home - J Catterall, Auckland
current home owner

Robyn made the entire process of refinancing our mortgage easy, straightforward, and completely stress-free. Robyn is very professional to deal with, and really knows her stuff! I would happily recommend Robyn to anyone.

Robyn Turner

Top Up - M Johnson, Tauranga
current home owner

Karen was really thorough in our initial meeting and kept us well informed along the way! Super friendly and did a great job.

Karen Hyland

New Home - J Chatfield, Auckland
current home owner

Huriana was incredibly patient and was very professional… my personal situation took a long time to get the end result but we got there all with the wonderful help of Huriana – I am incredibly grateful xx

Huriana Tahere

New Home - J McWhannell, Christchurch
current home owner

Great experience, Lynne found the best mortgage option for me, was so considerate of my situation and kept me informed throughout the process.

Lynne Dent

New Home Purchase - J Rait, Rolleston
current home owner

A huge thank you to Johnny. My husband and I have been dreaming of owning our own home for years! Johnny delivered on what we had written off as never possible. We have been in our home for two weeks and can’t believe it’s ours. We will never forget Johnny and his hard work getting us over the lin…

Johnny Ang

New Home - N Furlong, Auckland
current home owner

Lynne made the process of refinancing our home loan very easy and straightforward. She was always very easy to get hold of and constantly kept us up to date with the progress of our application. Would definitely use her again and recommend her to others.

Lynne Dent

Refinance - A Kennett, Kaiapoi
current home owner

Lynne was fantastic to work with, totally honest all the way through and she really understood the way my pay worked (as I am self-employed). I felt that she was totally in my corner all the way through.

Lynne Dent

Refinance - J Denham, Christchurch
current home owner

Laura was awesome to deal with. She made everything so simple and extremely stress free

Laura Cates

Debt Consolidation - R Farrell, Northland
current home owner

Awesome work both times we have worked with Sam.

Samuel Eva

Refinance - J Stockley, Auckland
current home owner

Would not have asked for anything better but to get an experienced broker at my very doorstep. I applaud your care & support and irrespective of the results of all this, you have really gone above & beyond.

Lynne Dent

Purchase of New Home
current home owner

Laura was so amazing and understanding. Really helpful especially as all the work was done during level 4 lock down. I can’t recommend the service and experience highly enough.

Laura Cates

New Purchase
current home owner

Lynne did a brilliant job organising us into our first/down sizing home. We didn’t think we had things quite in place but non the less when a place popped up we were really interested in she was able to work her magic and we have now been in our own home for a couple of months.She was so knowledgeable a…

Lynne Dent

Purchase of New Home
current home owner

Lynne has been fantastic at helping us achieve our dream of buying our first home. Her advice and guidance was so thorough. Would highly recommend her.

Lynne Dent

Purchase of New Home
current home owner

Brett made it a streamlined process. We valued his expertise and guidance through the whole process.

Brett Davies

Purchase of New Home
current home owner

Keith did a great job overall.

Keith Munro

Purchase of New Home
current home owner

Karen was amazing!!! We couldn’t have got anyone better so was just outstanding and we are so happy!

Karen Hyland

Mortgage Purchase
current home owner

Brett has helped us a couple of times and he’s been fantastic. We’ve recommended him to our friends and family as well.

Brett Davies

Top Up - Auckland
current home owner

Brett was great to work with, very supportive and genuinely committed to helping me buy my house.

Brett Davies

New House Purchase - Tauranga
current home owner

Keith is always very professional, friendly, helpful and has excellent communication skills. I would highly recommend him.

Keith Munro

Top Up - Wellington
current home owner

We could not have asked for a better adviser than Brett. We would recommend Brett to anyone.

Brett Davies

Purchase of New Home From Overseas
current home owner

I was stuck trying to refinance my mortgage. Samuel sorted everything in a professional calm way and followed up at all stages.

Samuel Eva

Refinance of Existing Mortgage - Auckland
current home owner

Thank you for Brett’s assistance and patience with all my questions along the way.

Brett Davies

Newly Constructed Property in Auckland
current home owner

We’re really happy with the end result.

Karen Hyland

New House Purchase - Auckland
current home owner

Quick response and helpful.

Johnny Ang

New Home Purchase - Auckland
current home owner

Robyn was very thorough and easy to work with. We are happy with the result and look forward to moving into our new home.01

Robyn Turner

Newly Constructed Property in Tauranga
current home owner

Keith has fast communication and is able to work with unusual situations creating a positive outcome for us.

Keith Munro

Top Up on Existing Mortgage - Wellington
current home owner

Robyn brings such professionalism to her dealings. It is good to feel confident that my finances are being managed appropriately.

Robyn Turner

Mortgage - Tauranga
current home owner

Robyn helped us get our application submitted in record time as we were under a very tight time line. Very happy!

Robyn Turner

Mortgage - Tauranga
current home owner

Robyn has been very committed to helping us achieve what we are wanting to do and doesn’t give up when obstacles have risen.

Robyn Turner

Mortgage - Tauranga
current home owner

Keith overcame some huge hurdles and in a couple of days had a mortgage sorted at a very good rate. Really pleased.

Keith Munro

Mortgage - Wellington
current home owner

Thank you so much for all your help and kindness Robyn, you’re the best! I can’t thank you enough.

Robyn Turner

Mortgage - Tauranga
current home owner

Brett was very helpful and we felt that he went the extra mile for us.

Brett Davies

Mortgage for New Purchase - Auckland
current home owner

I will recommend Robyn to everyone I know. She was super professional and helpful every step of the way.

Robyn Turner

Mortgage Restructure - Tauranga

Why Choose Us?

Because when it comes to your first home, you deserve the very best…

 Stress-free process

We act quickly to reduce the hassle and hold-ups of the financial approval process

 Expert advisers

We’re highly experienced and trained to help you through the mortgage approval process

Friendly service

We’re here for you and we genuinely care about helping make your dream a reality

Mortgage Tool

Want to Make a Loan Comparison?

Use our calculator below to compare two loans together by changing interest rates, structure types and more.

current home owner

In This Book You’ll Learn:

The Investment basics every property investor needs to know

How to easily calculate the most important numbers in your head

Who you need in your investment team

What you’ll need to get a mortgage

Send us a message:

Get in touch with Mortgage Lab. Simply send us a message via the form and we’ll be in touch shortly.