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We deal with

Institutions
Credit Unions
Building Societies
Contributory Mortgage
Finance Companies
Private Lenders

Mortgage Products

First mortgage
Second mortgage
Reverse mortgage
Combo mortgage
Caveat mortgage
Senior Mortgages
Equipment Funding

About Mortgage Clearing House

Mike Parkes: Managing Director

Educated at Mt Albert Grammar School in Auckland. Has a background in middle management and marketing. Worked for international companies such as Kodak New Zealand and Coates Bros NZ as a National Sales Manager representing El duPont deNemours Photopolymer Products. Mike’s CV includes a Certificate of Management from the New Zealand Business School, and international recognition for invention from Montres Rolex Geneva by way of the Rolex Awards Programme: Spirit of Enterprise (www.rolexawards.com). Mike started consulting in the finance industry in August 1999.

Business Statement

The Mortgage Clearing House is a trading entity of Mike Parkes and Associates Limited. The Clearing House concept focuses on a broad brush approach to the arranging funds for clients that do not meet current bank loan criteria.  The theme of “experience” runs through the Mortgage Clearing House ethic. Mike has 11 years in the business,and has the experience and the back up to consider most mortgage options on your behalf, bringing the very best of the mortgage broking and product options for you or your organisation to consider.

Indemnity Insurance: Mike Parkes and his associates all  hold indemnity Insurance policies for an excess of $1million.

Experience: Mike has had 11 years experience in the non bank financial lending sector.

Examinations: Mike Parkes has completed exams, and holds certificates on the Credit Contracts and Consumer Finance Act (www.hattaways.com).

Accreditation: Mike is a member of the PAA (Professional Advisers Association)

The Company: Registered in June 2011 as a mortgage brokerage operation. Mortgage Clearing House is a Trade entity for Mike Parkes and Associates Ltd.

Operation: A mortgage broking operation that sources bank alternative funds from a large pool of associate mortgage providers.

Auditing: By IDS to New Zealand regulation standards as an Independent Mortgage Broker

Security: Mortgage advances are accepted over residential, rural, commercial, project development and bare land.

Back Office: The company has a direct link to professional “Back Office” support to assist clients with

  • (a) Valuation check criteria
  • ( b) Legal Mortgage criteria assistance.
  • (c) Project Engineering Consultancy

Fees: Are expressed up front on a Terms of Trade document. This document initiates engagement.

Disputes Resolution Participation Organsation: ISO.

Registration Status : RFA: