Buying guide
Home loans for first home buyers: A beginner’s guide
Finance, sorted.
AI summary
Securing a first home loan is easier with planning. Start by researching property prices on Trade Me Property Insights and saving a deposit, ideally 20%.
Improve your chances by tidying up your finances: show genuine savings, reduce debt, and maintain a good credit score. Seek professional advice early from a mortgage broker or bank to understand your options.
Explore financial help like Kiwisaver withdrawals or a Kāinga Ora loan. With pre-approval, you can confidently search for your first home.
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
Author
Search
Other articles you might like
