Life Investment Corporation NZ LTD.

 Your home loan is probably the most important financial commitment of your life. Therefore, it is equally important that you consider taking the professional advice to get the right type of loan with the right structure. With our financial expertise you have the peace of mind that you are at the right place.



First Home Buyers

Are you thinking of buying your first home? We can:

  • Provide range of options to choose from as we source our loans from a wide range of lenders.
  • Advice you to select the right option that suits your needs and objectives.
  • Structure your loan so that you save thousands of dollars in interest
  • Help you with professional building inspection, property valuation and solicitor to make your transition into your new home as smooth as possible. We just make life hassle-free for you.







Buying Another Home

Investing in property has proved a successful strategy to build wealth for many people like you. But you need to know the numbers and the other side of the coin before you jump onto this bandwagon. We can help you make a decision by showing you the numbers and the potential profit or loss you can make by investing in property. Once you decide to invest in another house, we make the whole process hassle-free for you. We will arrange additional loan for you from a range of lenders, and also help you with the logistics of building inspections, valuation, solicitor and accountant. We provide a personalized service for property investors and a strategy to build wealth.


Refinancing

Believe it or not, getting bad or no advice at the time of taking your loan can cost you thousands of dollars over the period of your loan. It may not be too late; you have to seek professional and reliable advice now. We will make a plan based on your current finances and monthly budget. We will follow it up with regular meeting in the comfort of your house and make sure that you stick to the plan. We can guarantee that you will save thousands of dollars in interest payments to the bank. We may charge a nominal fee for this service, please call us for more details.Click Here

Mortgage Services

 Once you decide to avail a home loan, the next thing that storms your brain is choosing between fixed and floating rate of interest. And here is where you are caught in a catch 22 situation.

Usually, when news media splashes reports on banks increasing home loan interest rates in New Zealand and their impact on Equated Monthly Instalments (EMI), you deem it better to opt for fixed home loan rate. In fact, your banker may also advise you to go for the same.

Now ideally as it should be, we assume that once you select fixed rate plan for yourself the rate of interest will remain unchanged over the entire tenure of the repayment period irrespective of any subsequent increase in the same. But actually this is not the case.

Here we demystify the nature of fixed interest rate housing loan transaction for you so that you could make an informed decision over the matter.

  • All the banks include the reset clause on fixed interest rate in their home purchase loan agreement papers. So if you had taken the loan @ 6 per cent for 15 years it does not mean that the same rate will be applicable all across the period.

  •  Private sector banks and Non Banking Financial Corporations are also following the same policies and the rates too are revised from time to time.

Force Majeure Clause

So, while you read your home loan agreement papers, you can spot statement like this:

“Provided further that from time to time, the bank may in its sole discretion alters the rate of interest suitably and prospectively on account of change in the internal policies or if unforeseen or extraordinary changes in the money market conditions take place during the period of the agreement.”

This is called Force Majeure Clause that enables the lender to undertake appropriate modifications in the interest rates on home loans they sanction to their borrowers.