Blueprint Finance NZ

Daniel Lipman spent his 21st Birthday doing something that not many people his age would even consider 🤔 He sat his level 5 papers to become a financial adviser 🧑🎓 Fast forward to now, Daniel has achieved a lot for such a young lad. He's consistently recognised as one of NZ's top mortgage advisers and now he's started his own business Blueprint Finance NZ 📘 With the help of his business partners, they're laying the foundations to build something great 🏛️ If you'd like to listen to this via Spotify or Apple Podcasts, click the links below Apple: https://lnkd.in/g4--3J4b Spotify: https://lnkd.in/gCgJJ9bu

Our upcoming KAN Podcast episode is with Daniel Lipman from Blueprint Finance NZ 🎙️ Daniel and his business partners launched their financial advice business in late 2023 and we discussed the progress they've made in a short amount of time through creating content ✍️🗣️ Daniel has bags of financial services experience at such a young age and we're looking forward to releasing the full episode out this Friday 👀

We closed two massive deals last week that were referred to us. One commercial, and the other was residential. These were tough deals, as they took a few months to finalise. Allow me to shed some light on the residential deal, as the commercial one is quite intricate for a LinkedIn post. Clients wanted to purchase a property that was not acceptable security for the banks due to various alterations done on the property. The homes.co.nz value of this property was over $1.75 million, and the client bought this for just over $1 million. This particular street rarely sees houses come up for sale. The clients knew what they were buying. We didn't go to a non-bank for this property; we went to the bank - here's what we proposed: The clients owned four properties before this purchase. We gave the lender two options: 1.) Take security over the non-compliant property based solely on land value and collateral across three other properties, while freeholding the family home. This would protect the client's equity position while giving the lender extra security to reduce the risk. 2.) Take security over all four properties, while drawing out the full equity and keeping the non-compliant property unencumbered. This allowed the lender to feel comfortable with the equity, which met credit risk and lined up with the policy. After a few rounds of looking at risk the right way, option 2 was picked. This meant the property they wanted to buy wouldn't be secured and would remain unencumbered. The challenge didn't stop there. Affordability was tight, the borrowers were in their golden years, and each security had heavy fixed expenses, but we did get it across the line. The clients had a strong exit strategy towards the debt that involved more than just selling their property. This deal was hard as we had two lenders who pushed back, while the other two lenders wanted to consider the proposals. Two lenders conditionally approved it, but one had better terms which met the clients' expectations. This here - is the value of having the right person on your team. It goes to show that when you propose scenarios and give options to the assessors behind these deals, there can be an agreement in place to get a deal done which sits outside the traditional approach as long as there is a good explanation, full transparency and thorough analysis. Blueprint Finance NZ

Our clients were declined by 2 banks & approved through one broker - but not enough for Northshore, Auckland. We were referred by our personal network last minute (signed offer with a tight deadline), and now they are approved in the process of buying a place. Finance was extended. Here's how we did it: Multi-Household. More than 2 borrowers. 10% Deposit. $55K-$65K income per borrower, one dependent with a less-than-ideal transaction history. Multiple overdrafts, buy now pay later, personal debt & a new side business. So what did we really do differently? It boils down to one word: Affordability. They were paying $870 in rent per week and contributing approx. $221/wk in Kiwisaver (savings for home deposit - more than 3%) = $1,091/wk on par with their future mortgage repayment. And the cherry on top? Timing. We submitted on Wednesday and received approval by Friday morning. We believe in turning challenges into opportunities. If you're facing similar hurdles, know that there's always a way forward. Blueprint Finance NZ