Buying guide
Home loans for first home buyers: A beginner’s guide
Finance, sorted.
AI summary
Securing a home loan is a key step for first home buyers. Start by researching prices on Trade Me Property Insights and saving a deposit, ideally 20%.
Before applying, it's vital to tidy your finances by showing genuine savings, reducing debt, and maintaining a good credit score.
Engage a professional like a mortgage broker for expert advice and explore assistance options like Kiwisaver withdrawal or Kāinga Ora loans to help you get pre-approved.
Get an idea of what your budget needs to be
Get your deposit together
Sort your finances out
Sorting out your finances will make getting your first home loan much easier.
Speak to a professional about home loans for first home buyers
Get as much help as you can
Find the one (or a few)
Arranging finance should be one of the first things you do when buying a home.
Make an offer or bid at auction
Settle and move in
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