A mortgage is probably the biggest financial commitment most of us will ever make
That doesn’t mean understanding one should require a finance degree.
At Lambton Mortgages, we help Wellington home buyers and homeowners understand their options, navigate the banks and make lending decisions that work for where they are now – and where they want to end up.
Whether you’re buying for the first time, moving into your next home or wondering whether the mortgage you’ve had for years is still set up properly, we’ll help you work through it.
More than getting a loan approved
Getting an approval matters. But it’s not the only thing that matters.
A mortgage can stay with you for 20 or 30 years, during which time your income, family, property and priorities can change considerably.
We take the time to understand:
what you’re trying to achieve
your income and regular commitments
your deposit or available equity
the property you’re looking at
your longer-term plans
how different lenders are likely to view your situation
Then we work out a sensible game plan. Because the right lending decision isn’t necessarily the bank advertising the lowest rate this week. It’s the solution that fits your circumstances and gives you enough flexibility for what comes next.
First home buyers
Work out what is possible before you fall in love with a house.
For most first home buyers, the hardest part isn’t choosing the house. It’s figuring out where to start.
How much deposit do you need? How much will the bank lend? Can you use KiwiSaver? What will the repayments actually look like?
We work through those questions with you, establish a realistic budget and help you get pre-approved so you can start looking with considerably more confidence.
Buying your next home
Selling one house while buying another adds a few more moving parts.
When you’re already a homeowner, buying again isn’t simply a repeat of the first time.
We need to factor in your likely sale price, the mortgage you’re repaying, selling costs, available equity and whether you can buy before your current property has sold.
We help you work out the numbers before you start negotiating — including whether bridging finance or buying without a sale condition could be an option.
Refinance & restructure
Your mortgage shouldn’t be left on autopilot.
You don’t necessarily need to change banks to improve your mortgage.
Sometimes refinancing is worthwhile. Sometimes restructuring what you already have can make a much bigger difference.
We look at your interest rates, loan terms, splits, repayment strategy and how your mortgage fits with your current cashflow and longer-term plans.
Why use Lambton?
There are plenty of places to get a home loan. Our role isn’t simply to pass an application to a bank.
Different banks have different affordability calculations, deposit requirements, policies around property types and general appetite for lending.
That’s particularly relevant in Wellington, where apartments, insurance availability, seismic ratings and weathertightness issues can all affect whether a lender is comfortable with a property.
We understand the lending policy as well as the local property market. That means we can help you work out not only whether you can borrow, but also where your application is most likely to fit.
Access to 20+ lenders
We work with more than 20 lenders, from the major New Zealand banks through to specialist lending providers.
That gives us more than one set of lending criteria to work with.
And sometimes that matters more than people realise.
One bank saying no doesn’t automatically mean every bank will say no.
Want to know what your options look like?
You don’t need to know exactly what mortgage you want. Start by telling us what you’re trying to do.
We’ll help with the rest.