iRefi

iRefi was set up to help kiwis with their finances.

The team at iRefi.co.nz are passionate about putting people over profits. We work together, learn together and share knowledge as you would expect a sports team to support each other.

iRefi was started by Macleans College school friends Andrew and Chuck (Andrew used to coach Chuck at rugby). They previously spent time building software for mortgage and insurance advisers but found most businesses were slow to adapt to the new world of technology, and were often difficult to help.

The thing that really frustrated the pair was that this often left the adviser’s clients worse-off, bogged down in paperwork, and usually getting a poor level of service by commissioned advisers who were very self motivated. They knew they could do better, and started iRefi Mortgages. In less than 12 months, they had reviewed over $1 billion worth of lending for New Zealanders.

Blandon Leung was also instrumental in the success of iRefi from the beginning, bringing a wealth of previous mortgage experience to the table and a passion for seeing his clients achieve a brighter financial future. From the beginning, it was his efforts that kept the team sailing in the right direction, and focused on keeping our clients happy, healthy, and wealthy.

Of course, Ben & Jon Krebs our lead developers provide the engine of growth for the business, having pulled many sleepless nights building the platform that’s saved our clients and advisers thousands of hours of admin.

What would an iRefi adviser help me with?

Property Investment Advice

Investing in property is a great way of saving for retirement and paying off the debt on your primary residence.
By using the equity in your existing property as leverage, you can buy an investment property using the banks’ money to increase your net worth.

Buying your second home

Using your home as security, you’ll be able to borrow more money. This is also known as “freeing up equity”. While rates are at a historical low, now is the perfect time to refinance your existing lending and top up for the investment you’ve always talked about.

Why trust iRefi?
Working at iRefi means you have to be an

anteambulo

which means you clear the path for clients and create opportunities for them. We work to help you find the winning outcome you’re after.

Interest only mortgages

When buying an investment property, structuring the mortgage as interest-only can be a great way of keeping your repayments down. However, by not paying down the principal, you rely more on the property appreciating in value in order to make a return.

Mortgage Advice

There are lots of ways you can save money on your mortgage, but which one is right for you?

Reducing your repayments

A lower interest rate on your mortgage means you’ll pay less each month to the bank. Over the lifetime of your mortgage, you could end up saving thousands of dollars.

Paying off your debt faster

If you’re comfortable with your mortgage repayments or you can afford to increase them just a bit, you can pay off your principal faster and reduce the total amount of time you’re in deb

Consolidate extra debt

Using the equity in your property, you combine your debts from things like credit cards, personal loans and hire purchases into one loan with a lower interest rate.

Refinancing your Mortgage
(changing banks)

If you already have a mortgage, you still have options. Some people don’t realise that although you took out a 30-year mortgage you are still able to change banks. We help people do this when it is in their best interest. Sometimes a different bank may have a product, technology or feature that means it is going to make a lot of sense for us to match you up. Another very common reason is that each bank calculates affordability differently, therefore there can be large differences in loan approval amounts from different banks.

Refixing your Mortgage
(staying at your current bank)

If you and your bank are a great match, fantastic. We won’t pressure you to change. But we will negotiate on your behalf to ensure they are offering you the best deal. We see a huge volume of lending going through our doors every week, so we know what offers others are getting – so don’t miss out. Get us to negotiate you the lowest rates.

Buying your first home

Buying your first home is one of the biggest projects you’ll ever take on. We’ll help you do it right.
It can be stressful, and there are lots of decisions to make and things to think about. But don’t worry, we’re here to help!
By getting pre-approval, we’ll prepare you so that you can start house hunting with confidence and take action as soon as the right opportunity comes along.

Help from Mum and Dad

So you want to buy your first home but don’t have enough saved?
The good news is your parents can gift you some (or all) of the deposit or act as guarantors.

Using your KiwiSaver

Using your KiwiSaver funds is a great way of getting together a larger deposit. However, there are a number of requirements you’ll need to meet before you can do this.

So what are you waiting for?

Take the snapshot to start renovating your mortgage with expert advisers at iRefi.