Find a Mortgage Broker in Tauranga
Get the money you need to buy your dream home in Tauranga with help from a local mortgage broker.
Updated 8 December 2024
- Mortgage brokers hunt the home loan market to find you a good deal, as well as save a lot of time on form-filling. They can advise you on everything you need to know about taking out a mortgage and the house-buying process, as well as KiwiSaver withdrawals and grants if you qualify.
- A Bank may have told you NO, but a mortgage broker has the contacts to very often turn that into a YES.
- Mortgage brokers know the key details about each lenders' criteria, and can recommend the right lenders for your situation.
- The most important thing is to find a mortgage broker you're comfortable with. Dozens are working all over Tauranga, and we've created this guide to help you navigate arranging a home loan.
- Remember: Real estate agents you meet at open homes will probably recommend brokers. Many have existing relationships and get a commission for any business you give to their recommended mortgage broker. You don't need to engage them - you have full control of who you choose.
Our Tauranga Mortgage Broker guide covers:
Know This First: The Process of Working with a Mortgage Broker
- Once you've decided to contact a mortgage broker, you will have an initial assessment. This is a meeting where you share details about your financial position and what you want to achieve.
- After that, the mortgage broker will provide a comparison of the best-suited home loans you qualify for - this often means they will create a shortlist of the home loans most relevant to you.
- Once you've considered the home loans, you will decide on one and make an application. The mortgage broker does this on your behalf; you'll need to provide the information they ask.
- Once the application is submitted, the lender (i.e. bank) will come back with their decision - it will, in most cases, be an approval or decline.
Useful Tools to Help Plan a Mortgage:
MoneyHub's Trusted Tauranga and Mount Maunganui Mortgage Broker
- Our research highlighted Craig Coupland - WealthHealth - our top mortgage broker with proven five-star reviews, WealthHealth has delivered outstanding results to Tauranga and Mount Maunganui residents just like you.
- Contacting a mortgage broker by phone is the best way to kick things off - you can explain your plans and hear how you can get the results you want.
- Advertising Disclosure: WealthHealth has accepted MoneyHub's invitation for enhanced promotion, and pay for this service. We stand by their reputation and service, which we conclude as being excellent.
How much does a mortgage broker cost?
- There are no upfront costs or service fees. Mortgage brokers make their money from commissions paid to them by the banks.
- You won't necessarily pay more for your mortgage either. Mortgage brokers work the same as travel agents who earn commissions from airlines and hotels etc.
- It is up to you to decide which bank and mortgage deal you want - the mortgage broker will be paid by the lender you pick.
- Industry insiders suggest this can be as high as 1% of your loan amount; your broker could earn $5,000 from a $500,000 mortgage. But the law states that mortgage brokers are not required to disclose commission payments.
What should I ask a mortgage broker to make sure I get the best deal and service?
As individual mortgage broker expertise and access to deals will vary around Tauranga, you can get comfortable by asking two essential questions:
- How many lenders do you work with? The more lenders (i.e. banks) the broker has a relationship with, the higher the chances you'll get the best deal. A good answer is at least five banks, but the more they cover, the better for you.
- What are your fees and commissions? You can ask that, even if they are not legally obliged to tell you. If they do, it will probably create trust and help you understand a little bit more about how mortgage brokerage works.
MoneyHub's Trusted Tauranga and Mount Maunganui Mortgage Broker
- Our research highlighted Craig Coupland - WealthHealth - our top mortgage broker with proven five-star reviews, WealthHealth has delivered outstanding results to Tauranga and Mount Maunganui residents just like you.
- Contacting a mortgage broker by phone is the best way to kick things off - you can explain your plans and hear how you can get the results you want.
- Advertising Disclosure: WealthHealth has accepted MoneyHub's invitation for enhanced promotion, and pay for this service. We stand by their reputation and service, which we conclude as being excellent.
Tauranga Mortgage Brokers - 5 Things to Know Upfront
- Mortgage brokers may not work with every bank, so it's important to ask upfront what lenders won't be included so it's clear what you are comparing.
- Cross-selling is being reported; this involves you being recommended insurance policies by a mortgage broker or one of their associates. As insurance is very lucrative; there may be a lot of pressure to buy. You are under no obligation to and our guides to life insurance, contents insurance, home insurance and income protection insurance outline what you need to know.
- You may also be recommended conveyancing services by a related law firm. You are under no obligation to hire the lawyers suggested by your mortgage broker.
- If a real estate agent is insisting you use their recommended mortgage broker, you don't have to. You don't even need to use a mortgage broker at all.
- Many banks promote mortgage deals with free holidays, cashback and various other perks if you go with them direct. If you go with a mortgage broker, you won't receive these perks.
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Trusted Tauranga Mortgage Brokers Available Right Now
Our list below, which is no particular order, covers Tauranga, Bay of Plenty, Mount Maunganui, Papamoa and surrounding suburbs. We have selected these based on their history of longstanding service within Tauranga, location and data extracted from internet reviews on Google Business, Facebook, TradeMe Services, specific mortgage forums and guides, and other sources.
Beyond standard mortgage clients, the mortgage brokers below all have experience with non-standard and 'complicated' client requests. This can include single-income, self-employed and foreign income situations.
Know this: It's important to remember you don't need to go with the first broker you talk to. More importantly, you’re in no way obliged to go with the mortgage broker a real estate agent recommends, even if you buy your home with them.
Beyond standard mortgage clients, the mortgage brokers below all have experience with non-standard and 'complicated' client requests. This can include single-income, self-employed and foreign income situations.
Know this: It's important to remember you don't need to go with the first broker you talk to. More importantly, you’re in no way obliged to go with the mortgage broker a real estate agent recommends, even if you buy your home with them.
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Craig Coupland - WealthHealthCraig Coupland runs WealthHealth, which has a small team of mortgage brokers. The company aims to ensure its clients have the best mortgage structure and has worked with clients all over Tauranga.
What customers like:
Services include but not limited to:
Google Rating: ~5/5 Address: 80 Parton Rd, Papamoa, Tauranga 3118 Website: WealthHealth Contact number: 0800 672 537 or 027 667 2537 |
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LifeDirect MortgagesLifeDirect Mortgages was launched in October 2024 and operates with a team of eight experienced mortgage advisers, many of whom joined from Loan Market Capital & Coast. Based in Wellington but servicing clients nationwide, LifeDirect Mortgages is part of LifeDirect, a trusted insurance adviser specialising in life and health-related insurance products. Our review of LifeDirect Mortgages explains more about their offering.
What customers like:
Services include but are not limited to:
Address: Tauranga and Nationwide Website: LifeDirect Mortgages Contact number: 0800 562 665 |
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Home Loan Finance LtdHome Loan Finance Ltd is owned and run by Matt Moore and his wife, and has worked with clients all over Tauranga for numerous years.
What customers like:
Services include but not limited to:
Google Rating: ~5/5 Address: 1A Valley Rd, Mount Maunganui, Tauranga 3116 Website: Home Loan Finance Contact number: 022 456 3043 |
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Loan Market - Darren MorleyLoan Market employs many mortgage brokers, and Darren Morley has been in the financial services industry since 1992.
What customers like:
Services include but not limited to:
Google Rating: ~5/5 Address: 26 Gravatt Rd, Papamoa Beach, Papamoa Website: Loan Market Contact number: 027 952 0899 |
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Alastair Watson - Loan MarketLoan Market employs many mortgage brokers, and Alastair Watson is something of a shining star in the Tauranga region. Actively involved in the mortgage industry, Alaistair is committed to finding solutions for standard and complex mortgage needs.
What customers like:
Services include but not limited to:
Google Rating: ~5/5 Address: 489A Maunganui Rd, Mount Maunganui, Tauranga 3116 Website: Alastair Watson Contact number: 022 111 0008 |
MoneyHub's Trusted Tauranga and Mount Maunganui Mortgage Broker
- Our research highlighted Craig Coupland - WealthHealth - our top mortgage broker with proven five-star reviews, WealthHealth has delivered outstanding results to Tauranga and Mount Maunganui residents just like you.
- Contacting a mortgage broker by phone is the best way to kick things off - you can explain your plans and hear how you can get the results you want.
- Advertising Disclosure: WealthHealth has accepted MoneyHub's invitation for enhanced promotion, and pay for this service. We stand by their reputation and service, which we conclude as being excellent.
Related Mortgage and Home Loan Guides:
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Mortgage Essentials:
Other Mortgage Options: |