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Displaying 1 - 10 results of 26 for "mortgage"

  • First Home Loan

    A First Home Loan can make it easier for you to get into your first home by lowering the required deposit to 5%. , this does not include ownership of Māori land be purchasing a property of less than 1 hectare pay a 1.2% Lender’s Mortgage Insurance premium, which can be paid

  • We’re the first in our aiga to buy a home

    Buying your first home is a huge deal even when you’ve grown up in New Zealand. For Suamasi and Semala, who arrived here as penniless newlyweds, it is literally the dream that’s come true. % deposit on a house. After two failed attempts to secure a mortgage, they approached a Sāmoan-speaking mortgage advisor for help with the application process. “It

  • History of State Housing

    New Zealand has played a significant role in public housing since 1894, with government-led initiatives shaping communities and improving living conditions. Advances Office formed. 1923 – Housing Branch of the Labour Department merges with the State Advances Office. 1935 – Mortgage Corporation established. 1936

  • Kāinga Ora home leapfrogs family to home ownership

    Denise and Shannon know the difference a stable home can make. They've recently been able to purchase their very own home, and credit their former Kāinga Ora home as the stable base that helped them get there. saving enough to start having serious conversations with a mortgage advisor. “Last year we still didn’t think we had enough saved for a deposit - turns out we

  • 2. Preparing and applying

    Learn how much you could borrow, build your deposit and understand the home loan process. $520,000. You may hear this called a ‘loan-to-value ratio’ or LVR, and 20% is the most common deposit required. However, you may receive a lower-deposit mortgage

  • Young mum’s home ownership dreams come true

    For Maddy, a Dunedin neonatal nurse and mother of two, owning a home and providing a stable base for her young family has been a long-held goal. in. Not knowing where to start or whether she had the financial means to buy a home, Maddy sat down with a mortgage broker to see what was possible. “That

  • Changes announced for home ownership products

    The Government has today announced changes to some of the home ownership products and programmes administered by Kāinga Ora – Homes and Communities. %, reducing costs that are passed on to borrowers. For example, someone with a mortgage of $600,000 will now pay $3,000 towards the insurance premium, instead of

  • Young couple helped into their forever home

    A young couple, who were living with their baby and five-year-old son in their grandparent’s sleep out, are the first people in Tairāwhiti to use Kāinga Ora’s First Home Partner scheme to get into their own first home. . “People who want to get into their first home need to start reaching out for information and support. Working with local Kāinga Ora staff, a mortgage broker, real

  • Tenant home ownership

    If you are currently a Kāinga Ora tenant, you may be eligible for a grant to go towards purchasing the home you’re living in. to consider when purchasing a home, such as: Legal fees – at least $1,000 Lender’s mortgage insurance premium Builders report – approximately $400 Loan

  • 5. Settling

    Find out what happens on settlement day and everything you need to do to prepare for owning your first home. , lender or mortgage broker to finalise your home loan. They’ll explain loan type and structure options, confirm your interest rate and outline your repayment