About us

Are you a first time home buyer looking for the right mortgage solution?

How much do you really need?

We can help, from figuring out the right amount you can afford to borrow, to finding home loan conditions that best suit your unique situation. We’re here to give you great advice to start you off on the right foot.

Lorinda has worked as a Christchurch Mortgage Advisor for the past 5 years specialising mainly in personal mortgage services and advice to first home buyers, clients building a new home and or changing house.

Lorinda can also get clients into their new business and refinance existing business’s to get the most out of their cashflow.

Prior to this Lorinda has 28 years experience in the banking industry, specialising mainly in housing lending.

Lorinda Harrington – Your Financial Adviser

Phone: 0272423211

Email: Lorinda@thebroker.co.nz

FSPR: 315766

LICENCE INFORMATION
Lorinda Harrington (FSP315766) operates as a financial adviser linked to Lorinda Harrington Financial Services Ltd (FSP 1001146), which is an authorised body under a licence issued by the Financial Markets Authority (FMA) in the name of Newpark 2020 Limited (FSP768953)

YOUR FINANCIAL ADVISER
Lorinda Harrington is your Financial Adviser and she is providing the advice on behalf of Lorinda Harrington Financial Services Ltd, who is the Financial Advice Provider Licence holder 1001146.

NATURE AND SCOPE OF FINANCIAL SERVICES
I will provide you with financial advice in relation to your home mortgage.  I only provide financial advice about mortgages from the following financial institutions:

  • ASB

  • ANZ   

  • BNZ

  • Co-op Bank

  • Sovereign

  • Avanti Finance

  • ASAP Finance

  • Basecorp Finance

  • Bluestone Mortgages

  • First Mortgage Trust

  • General Finance

  • Unity Credit Union

  • Cressida Capital

  • Heartland Bank

  • Liberty Finance

  • Prospa

  • Pepper Money

  • Resimac

  • SBS

  • Southern Cross Partners

  • Zip Finance

  • YouOwn

I do not provide financial advice service related to the following:

  • Insurances

  • Estate planning (such as wills, enduring Power of Attorney, and trusts of any description)

  • Investment produces(eg shares, bonds, managed funds etc) and Kiwisaver products

  • General Insurance products

FEES
Upfront Commission: - upfront commission on mortgages ranges from 0.55% to 0.85%  This is a one off fee.

Ongoing Commission:- Some financial institutions pay an ongoing commission which range from 0.15%pa to 0.25%pa until the loan is repaid in full

CLAWBACKS
When you close your mortgage with the bank within 27 months the bank will clawback a portion of commission paid to me.  Depending on the reasons for repayment of the mortgage I may charge you the portion of the commission that I have to repay the bank.  This will be done through phone discussion with you.

CONFLICTS OF INTEREST (if any)
We are here for our clients and to advise you as best we can.  Your interests are our priority although we do have business relationships with product providers also.  From time to time our product providers assist us with funding so we can bring our advisers together for conferences and professional development training.

We manage these conflicts of interest by ensuring that we prioritise your interest above our own.  The advice we provide is based on understanding your goals and circumstances and providing recommendations which are based on research.  I have a register of Conflict which allows me to actively manage any conflicts which rise.

REFERRAL FEES
We receive referral commission from Tower Insurance if we refer clients to them and an insurance is taken up.

QUALIFICATIONS
I have worked for a retail bank for 28yrs as a lending officer and undertook all of their training.

Have worked as a Mortgage Adviser for the past 10 years undertaking training on banks products as required.

New Zealand Certificate in Financial Services Level 5

EXPERIENCE
I have been providing financial advice mainly on mortgage and lending products and services for my clients since 2013.  Prior to becoming a Financial Adviser, I was employed from 1985 to 2013 in various positions in a retail bank in New Zealand.

PROFESSIONAL MEMBERSHIP
I have been a practitioner of Financial Advice New Zealand since 2013

I am a member of the Newpark Group and they provide me with Continuing Professional development and Adviser Days.

DUTIES INFORMATION

I am bound by the duties of the Financial Markets Conduct Act 2013 to:

  • Meet the standards of competence, knowledge and skill and the standards of ethical behaviour, conduct and client care set out in the Code of Professional Conduct for Financial Advice Providers.

  • Give priority to the clients interests.

  • Exercise care, diligence and skill and meet the standards of ethical behaviour, conduct and client care set out in the Code of Conduct.