Participating lenders credit criteria
Whilst Kāinga Ora sets the eligibility criteria, it is the lender that assesses First Home Loan applications, and makes their lending decision.
In addition to meeting the governments eligibility for a First Home loan, you will also need to meet the lending criteria of your preferred lender before your loan can be made.
All banks and credit unions have slightly different lending criteria but they will include your financial ability to repay the loan, your financial circumstances, your credit history and the way you’ve conducted your bank accounts in the past.
Call Free: 0800 177 277
Call Free: 0800 231 232
Call: 09 579 0448
Call free: 0800 134 034
Call Free: 0800 727 2265
Call Free: 0800 332 837
Page updated: 14 September 2020