Debt comes in all shapes and sizes and to restructure debt often makes sense.
Some, like home loans typically being larger and longer term while other debt like credit cards and hire purchase which are smaller but often have higher cost.
As advisers the Mortgage Supply team know a lot about debt – both the reasons to have debt and the reasons to get rid of debt.
Most of all we know how it should be structured so it costs you less.
We Know About Debt
Most of us do not like debt and consider too much debt “bad” but know that in life we sometimes need to accept some debt to get ahead. To borrow money for a home or an investment that earns money or increases in value tends to make sense; however to borrow money to buy a new iPhone or take a holiday seems like a bad lifestyle decision.
Not all debt is bad though and as advisers we can help you restructure debt to ensure it is as effective as possible.
Whether you need to free-up cash to cover an emergency, get a loan for a major purchase or pay off your debts faster, we can help you make it happen.
As advisers we can help with;
- First home buyers (including using KiwiSaver and the HomeStart grant)
- Buying a rental property
- Refinancing or restructure debt
- Debt consolidation
- Mortgage rescue – let’s help you out of trouble and back on track
- Plus a range of other loans
Because we understand the process and requirements of different banks and non-bank lenders, we can maximise your chances of a positive result.
Take Control Of Your Debts
We know that debt can linger longer than we want and sometimes can be overwhelming to the point that you stress about it.
No matter what type or how much debt you have, our qualified Advisers will look at the whole financial picture and find out exactly how your debt might work better for you.
- It might be the case that your debts need to be restructured, consolidated or refinanced.
- It may even mean taking on more debt to fund a business, an investment or an investment property.
- It may be as simple as changing the way you pay your debts.
We’re here to help you consider options you may not have even known were available to you.
Then Learn How To Pay Off Your Mortgage Faster
Getting real about your debt and how much it’s costing you is the first step towards making positive changes.
Most people with mortgages or other debt would benefit from getting rid of them. Of course a mortgage is often a huge burden and it seems unrealistic to get it paid off anytime soon; however with big debts even small changes can make a massive difference. In contrast sometimes people overlook the massive costs associated with smaller debts and instead focus solely on the weekly repayment amount. It is not uncommon to see interest rates being charged of 17.00% or more on bank loans and closer to 30.00% on some finance company loans and credit/store cards.
With our help you can take control of your debt, restructure debt and create a more positive financial future.
The Mortgage Supply team has the expertise to help.
