1st Home Loans

Depending on your situation, a 1st Home Loan could allow you to get into your first home with as little as 10% deposit ( Most lenders currently require a minimum 20 % deposit)

Options and Eligibility are:

• you are buying your first home
• you only have a 10% deposit (can use combined deposit ie; Kiwi Saver, Housing NZ Subsidy and cash savings / or family gift)
• you'll live in the home you are buying (ie; is not for rental / investment properties)
• you are a permanent New Zealand resident or New Zealand citizen
• you have an 'acceptable credit history'

Income Caps
your annual household income before tax is below $95,000 (gross income ) for one borrower, or is below $150,000 for two or more borrowers ( These caps are based on income earned in the previous 12 month period before tax)

NOTE: You can pool together with other buyers - but the maximum income cap of $150,000 remains the same



Regional Pricing Caps or 2nd chance home buyers'... open links below