The Chronicle caught up with Brett Wood from Loan Market about their services.
Explain the role of a mortgage advisor?
Our team think of ourselves as modern day bank managers who advise on all the banks and reputable non-bank lenders mortgage products. We help people navigate the world of mortgages which involves finding the most suitable mortgage product for their situation, managing the application process, negotiating interest rates and cash incentives, assisting in choosing the right interest rates and reviewing peoples loans on an ongoing basis.
What is your background and experience in this area?
I’ve been in the Mortgage industry for 22 years. In that time I’ve been a party to around 5,000 mortgage transactions including home purchases, refinances, builds, etc. I’ve been named as one of NZ’s top Mortgage Advisers for the last 5 years running by NZ Adviser Magazine and was runner up Regional Adviser of the year at the 2021 NZ Mortgage Awards. I’m a finalist for Regional Adviser of the year again this year.
When did you bring Loan Market to Raglan and what was your vision?
I started Loan Market Raglan in 2009 with a view to help families into homes and build their wealth. These days we’re Loan Market ‘Coast to Coast’ and are a team of 7 in our office at 20 Bow St. I’m the Managing Director, Brendan Brits is a Director and shareholder and is our Senior Mortgage Adviser. Abbe Daysh is a Mortgage Adviser and we have a new experienced Adviser joining shortly. Erin Cranfield is our Operations Manager and runs the processing team.
When should people reach out to advisers such as yourself?
Typically people are contacting us when they are wanting to know what their borrowing options are for a home or investment property, when their current mortgage rate is coming up for renewal or they want their financial set up reviewed.
We have clients all over NZ and if out of Raglan we’re quite picky with who we’ll deal with, but from day one I’ve always maintained that we’ll help anyone in Raglan who has any mortgage related questions.
What do you hope to achieve by running a series of informative articles in the Chronicle?
Raglan’s a difficult place for locals to own property as we have so many outside purchasers and influences on the market. These days locals are ending up with large mortgages relative to incomes which can be quite pressuring, especially as interest rates and the cost of living rise. The articles we’re intending to run are going to be a series of tips and tricks designed to help Raglan locals manage their mortgages, pay their loans off sooner, reduce their interest costs, keep more money in their pocket and set up a financially healthy future.
