Buying guide
Kāinga Ora First Home Partner Scheme explained
Need a hand buying a home? Kāinga Ora may be able to help.
AI summary
The Kāinga Ora First Home Partner is a shared ownership scheme helping Kiwis buy their first home. Kāinga Ora contributes up to 25% or $200,000 towards a brand new property for eligible buyers.
It's designed for those who can service a mortgage but have a small deposit. Key criteria include:
- A 5% minimum deposit
- Household income under $130,000
You are expected to buy back Kāinga Ora's share over 15-25 years. The scheme is currently fully subscribed.
What is the First Home Partner Scheme?
To be eligible for First Home Partner you must:
How to apply
Need a hand buying your first home?
The First Home Partner Goals Management Programme
Your obligations as part of the First Home Partner Scheme
A little help can go a long way.
Before you apply
Author
Other articles you might like
