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Is there any reason why you would consider transferring your mortgage to another bank? At first glance, it seems a somewhat unnecessary and stressful endeavour. Many New Zealanders run a mile from awkward conversations with the bank manager and it’s not hard to see why. But there are a few very good reasons why you might consider doing so. Plus, it’s actually incredibly easy to change your mortgage lender as well! Andrew runs through the scenarios where it would be wise for you to consider switching mortgage lenders, and what to look out for before transferring a mortgage to another bank. If you're looking at switching up your mortgage to clear debt faster - either on your way to becoming an investor or annihilating your mortgage. We strongly suggest checking out the Stage 1 Masterclass. We also have an article on our website explaining the why, how and what to look out for when switching banks https://mhq.co.nz/mortgage/transferri... For structured education - 1 hour classes. Join a mortgagehq masterclass (there are three to choose from): https://mhq.co.nz/mclass Use our Advanced Borrowing Power Calculator. To understand your current options and situation. Use our advanced borrowing power calculator for instant online answers regarding your servicing ability, potential mortgage top-ups, and cashback options. Take the Online Mortgage Snapshot: https://mhq.co.nz/calc ** FOR THOSE OF YOU WHO ARE SUPER SERIOUS ** We have an application only 8-week online course. Everyone is welcome to apply. Applications are judged by your readiness to take action. 1) if you meet the equity requirements - ie you are financially ready to take action 2) cultural fit and motivation - discussed via an online video call with our team. More information and the application process | https://mhq.co.nz/8weeks ------------------------------------------------------------------------------------------- Disclaimer: This video is for entertainment purposes only and is not financial advice. Opinions in this video are general in nature and are not a recommendation, opinion or guidance to any viewer in relation to acquiring or disposing of a financial product. Viewers should not rely on these opinions and should always seek specific independent financial advice appropriate to their own individual circumstances. ------------------------------------------------------------------------------------------- Auckland Property Market Property Investment Strategies mortgagehq MHQ Auckland Mortgage Brokers Mortgage Advice