Buying guide
How to get a mortgage in 12 steps
Securing a home loan can be a little tricky - read our guide to make it easier.
AI summary
Securing a mortgage starts with determining your budget and saving a deposit, typically 10-20%. Consider using your KiwiSaver or government assistance like the First Home Loan to help.
Shop around for lenders or use a mortgage broker to find the best rates. Get your finances in order before applying for conditional approval.
A property lawyer is crucial for reviewing contracts and managing the settlement day process, ensuring a smooth handover of your new home.
Step by step guide to getting a mortgage
1. First figure out what you want
2. Next figure out what you can afford
3. Shop around to find the best lender
.jpg)
It's a great idea to speak to a motgage broker for help securing a home loan.
4. Ask your lender the right questions
5. Get your finances in order
6. Put together your deposit
Getting a home loan is often the hardest part of buying a home.
7. Apply for government assistance or get help from family
8. Find a good property lawyer
9. Apply for conditional approval with your lender
First comes the money, then comes the property.
10. Get homes approved by your lender then make an offer
11. Make it through settlement day
12. Move in and enjoy!
Author
Discover More
A bespoke Mid-century masterpiece in the heart of Titirangi
Bespoke 4-bed mid-century architectural masterpiece in Titirangi bush, complete with a sauna, plunge pool, and privacy.
From bus commute to $10,000 an hour: How last year’s Hunt for the Hundy winner scored $100k
George spent 20 mins a day playing Hunt for the Hundy on Trade Me Property and won $100k. Here is how he spent it.
Search
Other articles you might like
