A former Hawke's Bay-based mortgage broker has been accused of using fake pay slips to apply for loans for herself and her clients.
Natalie Ann Carter pleaded guilty to eight of the 15 charges filed against her in the Napier District Court.
The Financial Markets Authority alleged seven home loans were applied for, totalling $2.91 million in value.
At least three of the seven applications were successful to the total value of $1,087,700.
The FMA brought charges of using a forged document, making a false document, obtaining by deception, obstructing the FMA's powers and making false or misleading statements.
Carter's employment at the Hawke's Bay-based brokerage was terminated in January 2020.
She will reappear in the Napier District Court in December.