What banks really check before approving your mortgage
About this episode
Mortgage adviser Michelle Isemonger discusses how to prepare for mortgage applications and what banks look for.
Buying your first home can feel impossible, but you may be closer than you think. Mortgage adviser Michelle Isemonger joins Nadine Higgins to explain how to prepare before applying for finance, what banks are looking for and whether you really need a 20% deposit. They also cover pre-approval, KiwiSaver, auctions, insurance, buying with friends, credit card limits and the common mistakes that can derail a mortgage application. See omnystudio.com/listener for privacy information.
People in this episode
Host: Nadine Higgins
Guest: Michelle Isemonger
Topics covered
- mortgage approval
- first home buying
- financial preparation
- credit card limits
- common mistakes
Mentioned in this episode
Organizations: KiwiSaver
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