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
Author
Discover More
Just two families in 80 years have embraced the character of this traditional beauty
After 80 years with two families, this grand Timaru home is ready for its next chapter.
.jpeg)
Revealed: the price Jacinda Ardern’s Auckland home sold for
Jacinda Ardern’s former Sandringham bungalow has sold for $2.15m after seven years with the couple.
Search
Other articles you might like
