10% deposit is all you need for First Time Buyers - Great NEWS !
Its now even easier for First Time Buyers to get into the housing Market.
From the 1st January 2019, the reserve bank has made a couple of changes to help every day kiwis just like you to get into your first home !
They have increased the number of residential loans to be approved with less than 20% deposit from 15% to 20%.
To get access to this type of loan you need what is called a Welcome Home Loan which is administer by Housing New Zealand. The criteria to be eligible for the home start grant is as follows…
Contributed to Kiwisaver for a minimum of 3 years continuously.
Building or purchasing your first home.
Have a single income of less than $85K per annum or combined family income of less than $130K per annum.
10% deposit which can made up from your kiwisaver and and Home Start Grant savings or giftings.
Living in your home for at least 6 months.
Employed by your current employer for at least 12 months or in a similar role for 12 months.
Give me a call 0275260007 or email me and lets get started…its a free service…so why wouldn’t you, Mortgage Group, Simple Fast Approved.
IF YOU ARE IN THIS SITUATION OR KNOW OF SOMEONE THAT IS THEN PLEASE PASS THIS EMAIL ON, AS A REGISTERED FINANCIAL ADVISER I CAN ASSIST YOU OR THEM FOR FREE, "SIMPLE FAST APPROVED" ALL YOU NEED TO DO IS CONTACT ME TODAY....
Contact me anytime via email, phone 0275260007 or Facebook I'd love to hear from you.