Search Properties SHOW SEARCH

to
to
to

First Home Buyers

The process of buying your first home can be quite daunting, but it doesn’t need to be!

There are a number of things you can do and options available to you, which can help you get into your first home.

START SAVING

Most banks will want to see evidence of genuine savings when you apply for a mortgage.  So start saving today!

GET YOUR HOME LOAN PRE-APPROVED

Pre-Approval through your local Mortgage Broker or Bank will provide you with a greater understanding of how much a lender is prepared to lend you.  It will also help to speed up the process once you have found a home you like.

BUYING WITH A SMALL DEPOSIT

There are ways that you can buy your first home without having saved the 20% deposit that most banks typically require.  These include

  • Talking to your local Mortgage Broker who has access to a broad panel of lenders, some whom do not require a 20% deposit.
  • Using Cash Gifts or a Family Guarantee
  • Using KiwiSaver, KiwiSaver HomeStart Grant, a Welcome Home Loan, which you can apply for to boost your deposit size (not everyone is eligible)

For more information on buying your ‘First Home’ please read the full article on our BLOG.

We have a range of homes available for sale which are perfect for ‘first home buyers’, to view our current listings click here

Our agents can help guide you through the process of buying your first home, if you would like to talk to your local Mike Pero Real Estate agent please call us 0800 000 525, or to find an agent in your area click here