Approved Mortgages is a digital agency that connects New Zealanders to a licensed mortgage broker, based in Brooklyn, Wellington. Rather than acting as a mortgage broker itself, the service takes call-back requests from people looking for home loan help and organises for an available registered broker to contact them, usually the same or next working day.
The service is free for borrowers, covering needs such as first home buyers, self-employed home loan applicants, new build construction loans, refixing and refinancing, property investors, and overseas buyers. Approved Mortgages says the aim is to help more Kiwis access the benefits of working with a mortgage adviser, noting that only around 40% of New Zealand home loans are currently arranged this way.
Meetings are by arranged appointment, and the team also visits clients once a month across the greater Wellington region, including Lower Hutt, Porirua, Waikanae, Upper Hutt and Masterton.
Approved Mortgages describes itself as a digital agency, not a mortgage broker in its own right. Based in Brooklyn, Wellington, the business exists to quickly and conveniently connect Kiwis to a licensed, registered mortgage broker, rather than providing lending advice itself.
The core of the service is simple: fill out a short 'Get Started' request form, and Approved Mortgages arranges for an available registered broker to call you back, typically the same or next working day. That broker then works directly with you to understand your property plans, identify any roadblocks, and help get your home loan approved.
Approved Mortgages notes that only around 40% of New Zealand home loan borrowers currently use a mortgage adviser, well behind countries like the United States and Australia, and the business positions itself as trying to close that gap. Common areas of support include first home buyers, self-employed applicants who've hit hurdles with their bank, new build construction loans, refixing and refinancing an existing mortgage, property investors, and overseas buyers.
The call-back request itself is free for the person seeking a broker: Approved Mortgages says it doesn't charge borrowers anything for the connection, and is instead paid a small fee by the brokers in its network if a home loan is eventually completed through them. Meetings with Approved Mortgages are by arranged appointment, and the team also visits clients once a month across the wider Wellington region, including Lower Hutt, Porirua, Waikanae, Upper Hutt and Masterton.
Approved Mortgages also welcomes enquiries from existing mortgage brokers with a strong track record who may want to join its network, alongside its core service of connecting borrowers to brokers.
For anyone finding it hard to get traction with their bank directly, whether that's a self-employed application, a first home purchase, or refinancing an existing mortgage, Approved Mortgages offers a free, low-friction way to get matched with a registered broker who can take the process from there.