Lightening the burden of financial decisions
More than 30 years’ experience in the finance sector, specialising mainly in housing lending, makes Lorinda Harrington an invaluable adviser to those preparing to make a property purchase.
A registered financial adviser, Lorinda will be first call for those building a new home, changing house, or looking to purchase a rental property.
Similarly, she can review your mortgage to ensure it is working advantageously for you and can also take care of your insurance needs.
Lorinda’s company, The Broker, deals directly with all banks (except Kiwibank) as well as a leading insurance company, thereby removing that burden from you.
‘‘By utilising The Broker, you are able to get independent advice and you are able to choose the financial institution that suits your needs,’’ she says.
‘‘The Broker can also look outside the main banks to meet your financial needs.
‘‘We can even help if your credit score is not so good.’’
With the changes recently made by the Reserve Bank allowing banks to lend more to first home buyers with less than 20 per cent deposit, it is important to ensure you gain the right advice, especially when it comes to using your Kiwisaver and applying for a First Home Grant.
‘‘If your bank says ‘no’, there are other options that can be accessed. I will always look outside the square,’’ Lorinda says.
Those wanting to buy an investment property but do not have a deposit of 35 per cent should also talk to Lorinda as she can offer options for borrowing 80 per cent of the value of the property.
With the help of The Broker, store cards, hire purchase agreements, personal loans, credit cards or even items that were interest-free but are not any more, can all be paid off.
‘‘We can also arrange your mortgage so you can pay it off faster and pay much less interest in the process,’’ she says.
What if the worst happened and you lost your ability to work? Lorinda asks.
‘‘Life insurance can ensure financial security to those who mean the most to you,’’ she says.
‘‘Even if you have a successful business, disaster can strike at any moment. We can help you manage those risks, no matter how unique and complex the business you are in.’’