Buying guide
Can I buy a house with no deposit?
No deposit saved? No worries. In some cases it’s possible to buy a house without one.
AI summary
Buying a house in NZ with a small deposit is challenging but possible. Options include low deposit loans requiring as little as 5%, such as the Kāinga Ora First Home Loan, though these may have higher fees or interest rates.
You can also withdraw from your KiwiSaver or have parents act as a guarantor, using their home as security. A mortgage broker can provide expert advice for non-traditional situations and help you understand your options for entering the property market.
Apply for a low deposit loan
If you don't have a big deposit saved it may still be possible to buy a home.
Withdraw your Kiwisaver
Tap the bank of mum and dad
Speak to a mortgage broker
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