Let's get your loan pre-approved
Getting a home loan pre-approval tells you how much you can borrow from the bank to buy a home. Once you've got this, you can start the house hunt and making offers.
A mortgage adviser can help you get pre-approval and probably can get you a better deal since they can shop around and make sure you secure the right loan for your needs.
Ways to maximise your deposit
Withdraw your KiwiSaver
If you’ve been contributing to KiwiSaver for more than three years - you may be able to use some of the money to help buy your first home.
Apply for the First home loan
If you’ve been contributing to KiwiSaver for three years and fit KiwiSaver’s criteria, you could be eligible for a 5% deposit.
Get help from family
If you have parents who have some equity in their property, they can use it to offset your some of your deposit.
Have a smaller deposit?
Mortgage brokers have access to a wide range of lenders that can make your home ownership dream a reality, even if you have less than 20% deposit.
While saving a big enough deposit is the obvious way to get on the property ladder, there are additional initiatives designed to help. First Home Loans are issued by selected banks, underwritten by Kāinga Ora, and allow the bank to lend on a lower deposit without any restrictions. With a First Home Loan you only need 5% deposit, which for first home buyers can mean getting on the property ladder sooner.