What is the process for negotiating interest rates on our behalf?
Date Published: 12 May 2020
It varies from bank to bank. With most banks the process:
- a quick discussion
- you send us an email asking us to request interest rates from the bank
- we negotiate the rates with the bank
- we have another discussion about which rate is best for you
- you can confirm this to us via a short email
The whole process takes around 20 minutes.
Related Articles
If you have less than 20% deposit, you are referred to (by the banks) as a Low Equity (or Deposit) Borrower. You are required to meet a different set of…
As of 2nd April 2024, the Official Cash Rate (OCR) for New Zealand is set at 5.5%. What is the Official Cash Rate? The Official Cash Rate (OCR) is an…
New Zealanders are no strangers to credit cards, but while these cards are a mainstay in many wallets, they can also be a stumbling block on the path to home…
It’s a question we get asked a lot. If we have an extra amount of money in our salary, should we use the money to pay down our mortgage or…