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Non-bank lenders

Allied Farmers Names Australia's Resimac As New Investor

Allied Farmers Names Australia's Resimac As New Investor
Wellington, Nov 24 NZPA - Australia's Resimac Ltd has been named as the new investor in Allied Farmers Ltd. Allied Farmers is holding its annual meeting today in Hawera after last week unveiling a plan to acquire the assets of Hanover Finance and United Finance.

Banks May Not Need Govt Pressure On Mortgages - PM

Banks May Not Need Govt Pressure On Mortgages - PM
New Zealand banks are being flexible with home owners and may not need government pressure to offer people a holiday on their mortgage repayments, Prime Minister John Key said.

Prime Minister Says Banks Already Being Flexible

Prime Minister Says Banks Already Being Flexible
(Adds comment from post-cabinet press conference) Wellington, April 6 NZPA - New Zealand banks are being flexible with home owners and may not need government pressure to offer people a holiday on their mortgage repayments, Prime Minister John Key said today.

GE Money Genie Can't Help Wizard

GE Money Genie Can't Help Wizard
By Dave Williams of NZPA Wellington, Dec 17 NZPA - The closure of Wizard Home Loans will see 25 branches close and more than 80 people looking for new jobs, as life gets tough for non-bank mortgage lenders.

Confirmation Of Wholesale Funding Guarantee Facility Welcomed

Confirmation Of Wholesale Funding Guarantee Facility Welcomed
Wellington, Nov 1 NZPA - The Government has announced the details of a bank guarantee scheme it hopes will stop the financial system running out of cash at the same time as it announced a deal with banks to take it easy on mortgage customers hit by the recession.

Where to get a Mortgage

There are dozens of companies providing home loans. Choose a lender on the key areas of interest rates, fees and services. Don't be swayed by prize draws or the like. However low fees and a contribution to your legal costs are well worth taking advantage of.