Considering renovating now makes sense, given we’ve had quite a bit of time at home in 2020 to consider what we could improve and that, at the time of writing, we still can’t travel abroad, seemingly meaning more time and money to invest at home.
As one of New Zealand’s leading home loans providers, NZHL understands how a reno on your home loan could help.
So how does your reno fit into your home loan?
It might seem like a no-brainer to just apply for a top up on your existing mortgage. However, it’s also an opportunity to review your whole mortgage structure and ensure you have robust plans in place to service and significantly reduce the interest you pay over the long term.
The team at NZHL think home improvement should go hand in hand with home loan improvement, and that you could potentially improve the efficiency of your mortgage by giving it a reno at the same time.
This is where NZHL’s smart home loan structure (which makes the most of your income and savings to reduce the interest you pay), personalised service, and debt management tool (DebtNav) can really come in to play.
One of NZHL's Passionately Kiwi consultants will sit down with you to identify your financial goals, including your reno, and make a tailored plan to suit your needs. They will then check in regularly to help you stay on track!
It is this personalised approach and smart structure that is currently helping NZHL’s 20,000+ clients save tens of millions in interest costs per year.
For NZHL, it really is about Kiwis helping Kiwis (“Passionately Kiwi” is one of the company's values). As a subsidiary of Kiwi Group Holdings, NZHL is 100% NZ-owned, with more than 70 awesome business owners operating teams right across the country.
Sometimes, you need to reno your home loan before you reno your home, ask the team at NZHL how.