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 with a low or no deposit is challenging but possible. Options include low deposit loans, like Kāinga Ora First Home Loans, which require as little as 5% but may have higher interest rates.
You can also withdraw from your KiwiSaver or ask a parent to act as a guarantor, though this carries significant risk for them. A mortgage broker can provide expert advice and help find non-traditional lending solutions for your specific situation.
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
Author
Discover More
Special Delivery: five former post offices you can buy right now
Five former post offices for sale on Trade Me Property given an incredible second stamp on life.
From Marlborough vines to Golden Bay alpacas: five stunning homes that mean business
From vineyards to alpaca tour farms, discover five stunning New Zealand properties that include built-in businesses.
Search
Other articles you might like
