How Can FoxPlan Help YOU?
Don’t deal with the banks yourself, We are certain you have better things to be doing right now. Let us deal with the bank for you. Take advantage of our experience and leverage. We know exactly how to answer those difficult questions that bankers love to ask. We can package it to get the deal across the line for you.
First Home Buyers
FoxPlan can offer valuable support to first home buyers in several ways, guiding them through the complex process of purchasing their first property.
Budgeting for a Home Purchase: We can help first-time buyers create a detailed financial plan to save for a deposit, taking into account their income, expenses, KiwiSaver and financial goals.
Savings Goals: We can assist with setting up specific savings goals and strategies, such as using KiwiSaver or other savings vehicles, to accumulate enough for a deposit.
Mortgage Pre-Approval: We can help first home buyers understand how much they can borrow and assist with securing mortgage pre-approval, which is crucial when starting to look for homes.
Comparing Lenders: We work with multiple lenders, providing access to a variety of mortgage products and helping our clients choose the best mortgage option based on their financial situation and needs.
Protection Planning: We can ensure first-time buyers have adequate life, income protection, and house insurance coverage to protect their assets and new home in case of unexpected events.
Understanding the Home-Buying Process: We educate first home buyers about the steps involved in buying a home.
With FoxPlan’s comprehensive range of financial services, first-time home buyers receive the expertise and guidance they need to navigate the complexities of home buying, ensuring they make informed choices and secure a stable financial future.
Mortgage Structures
FoxPlan can help you develop strategies to repay your mortgage faster, saving you money on interest and helping you become debt-free sooner.
Optimizing Loan Structure: FoxPlan can review your mortgage structure and recommend changes to make it more efficient.
Refinancing Options: We can help you refinance to a lower interest rate or better terms, reducing your monthly payments and allowing more funds to go toward the principal.
Bi-weekly or Weekly Payments: Instead of monthly payment this could reduce the principal more quickly and shortens the overall term of the loan.
Saving Strategies: We can advise you on creating a savings plan specifically for making occasional lump-sum payments toward the mortgage.
Maximizing Cash Flow: FoxPlan financial advisers work with you to optimise your budget, ensuring you have sufficient funds to make extra payments or increase regular repayments without putting strain on your finances.
Business Owners / Self Employed
FoxPlan can assist business owners and self-employed individuals in obtaining a mortgage by providing tailored advice, understanding your unique financial situations, and guiding you through the complexities that often arise with non-traditional income streams.
Income Verification: FoxPlan advisers are familiar with the challenges self-employed individuals face in proving stable income. We help you gather the necessary financial documentation, such as tax returns, profit and loss statements, and other business financials to demonstrate income reliability to lenders.
Presenting Consistent Income: FoxPlan can advise on how to present your income consistently, especially if you experience fluctuations in revenue. We help you highlight key financial metrics that lenders value, such as cash flow stability and business growth.
Cash Flow Management: Business owners often deal with fluctuating income, which can impact mortgage affordability. We can help you create a cash flow management plan that ensures you can consistently make mortgage payments, even during slow periods.
Business and Personal Goals Alignment: FoxPlan can assist in aligning your business financial goals with personal ones, ensuring that you can manage mortgage commitments while growing your business.
Future Financial Strategies: We also help with long-term planning, such as strategies for paying off your mortgage faster or using property as part of your wealth-building portfolio.
Meet the Mortgage Advisers
TERRI WATSON
FINANCIAL ADVISER
Ph: 04 918 4659
I help you create clarity with your goals and confidence with your cashflow by giving you the tools and knowledge to help you make informed financial decisions that are aligned with your values.
PRASHANT MODI
FINANCIAL ADVISER
Ph: 04 918 4659
Back in India, I was a qualified pharmacist and my new career in New Zealand is as a Financial Adviser. Being a pharmacist, I was part of the medical profession which is all about diagnosis and planning - which is why Financial Advice was a logical next step in my career because it follows a similar process.
Diagnose - what is your vision/dream
Plan it - Design your journey to get you there
STEPHAN JAGERS
BUSINESS OWNER | FINANCIAL ADVISER
Ph: 04 918 4659
I’m motivated helping my clients achieve dreams via planning their way through life’s turbulence to reach their desired outcomes.