Mortgage Field helps you restructure loans, refinance, and consolidate debt for better lending options
Juggling multiple loans, high repayments, or complex lending needs can feel overwhelming, especially if you’re self-employed or your finances are a bit outside the norm.
At Mortgage Field, we specialise in making lending simple, whether you need to restructure a loan, refinance, consolidate debt, or secure business funding. We’ll help you optimise your lending so you can focus on what matters most.
Contact us today and let’s find the right solution for your unique situation.
Restructure, refinance, or consolidate your loans with help from an experienced lending broker
- We help you restructure loans, refinance, and consolidate debt for savings
- Tailored lending solutions for self-employed or complex income situations
- Expert advice for optimising lending to support your business growth
Based in Invercargill, servicing Southland and New Zealand wide
Advice on restructuring mortgages and debt consolidation
The mortgage you started with isn't always the one that suits you now. So, it's worth undertaking a review with an expert mortgage advisor.
We can review your existing home loans, and any other loans and personal finance you might have and discuss whether choosing to restructure or refinance your home loan might get you a better deal. If you have a range of loans, we can also look at whether debt consolidation would be a good option.
Done well, changes to your mortgage can save you thousands, shorten your loan, or free up cash for what's important now. Even reducing your interest rate by just one percent can shave tens of thousands of dollars off your mortgage over time. Many lenders also offer special deals such as cashback offers to new customers, so switching lenders could have benefits.
We can help you assess your current situation and reshape your repayments to match your goals.
Refinancing means getting a brand-new mortgage, often with a new lender. Restructuring reshapes your current loan, for example tweaking fixed vs floating rates, terms or repayment strategies, without necessarily switching lenders.
Debt consolidation involves rolling all of your loans like personal loans or car finance in with your mortgage and making just one repayment. The benefits include:
- Lower interest rates - mortgages usually come at lower rates than personal loans or finance and are spread over a longer period.
- Easier budgeting - working with just one monthly repayment makes it easier to budget than multiple payments throughout the month.
- Easier admin - one payment is easier to keep track of and reduces the risk of missing payments and falling behind.
- Boost your credit score – consolidating balances and making consistent payments can help improve your credit over time.
There are several options you can look at to pay off your mortgage faster including:
- Switching from interest-only to principal & interest
- Increasing or decreasing your repayments
- Adjusting repayment frequency (weekly, fortnightly, monthly)
- Restructuring loan terms or fixing/refixing at better rates
Do more with a business loan
Running a business requires capital, and sometimes the only way to fund that is by borrowing money.
Business loans can be used for:
- Expanding your business - Use the money to buy new premises or new products, or spend the money on a marketing campaign to increase visibility.
- Increasing stock temporarily - Preparing for a busy season? A loan can help you finance the purchase of additional stock.
- Replacing or adding to equipment - Upgrade or add to your tools, machinery or company vehicle fleet without using savings.
- Maintaining cash flow or debts - A loan can help to cover operational expenses or deal with tax arrears.
Working with a lending broker like Mortgage Field can help you understand the difference between personal and business loans, find the right business purpose loan and potentially use equity from your home, or your home loan to aid your business. Our team work with a range of lenders to get the best loan structure and rate for your business.
A tailored approach for self-employed people
Being self-employed can sometimes cause issues when you are trying to get a loan or a mortgage, but it shouldn't preclude you from getting the funds you need.
We offer expert advice for self-employed people, freelancers, contractors and those with complex income. We'll take the time to understand how your income is structured and what your financial status is, and then we'll convey that clearly to lenders and match you with the right option.