100% no deposit first home buyer home loans are no longer provided by lenders in New Zealand, but.... there are some new options at 95% to help you into a new home with little or no savings!

Do you have 5% genuine savings or a guarantor to help with the deposit? Why are you waiting, you may qualify for a Home Loan even though your bank has said "NO", providing you have good incomes, stable employment history, clean credit and minimal existing debt.

Low deposit home loans have created the opportunity for so many first time home buyers to beat the rent trap. Why pay off your landlord's mortgage when you can be paying off your own. Owning your own home can now be cheaper than renting especially with lower floating rates and property prices!

Are you thinking that despite having little or no deposit, now is the right time to buy?
 
Lower interest rates are now creating the opportunity for many people to purchase their first property, who once  thought they would never have a chance to own a home of their own in New Zealand.

New immigrants who spent all their money getting to New Zealand to start afresh, and commence new careers, are now buying a home with as little as 5% deposit.

Just done your OE after getting a degree, and returning to New Zealand to start full time employment. Why rent when you could be buying a home?

If you need the full 100%, Mum and Dad or a family member or friend will need to help out. If they have no spare cash to "gift" you as a deposit they may be able to help out as a guarantor, or even raise funds themselves, if they own their own home or an investment property. We can quickly explain the options just email your questions to: 100% Q & A

But, if you have 5% deposit saved , don’t waste your time, come straight to the experts in low deposit home loans.
There are still options to help you become a first home buyer in New Zealand with a 95% Home Loan. If you have been sitting back watching interest rates and property prices rise over recent years, congratulations it is now your time to buy! 

Contact us for more information
lowdeposit@firstratemortgages.co.nz
or Freephone 0800 178 7283 (0800 1ST RATE)