How much can I borrow?
Good news for low deposit savers. 5% Deposits for a First Home Buyer are now available.
You may be aware, the Government has just announced extensive changes have been made to Welcome Home Loans offered in conjunction with Housing New Zealand Corporation.
The changes announced by Government, which apply from today (October 1), rename Welcome Home Loans to First Home Loans. The new minimum deposit requirement for a First Home Loan* has been reduced to 5%.
These loans will now be supported by Kāinga Ora – Homes and Communities, a newly established entity that replaces Housing New Zealand Corporation’s involvement
From October 1, My Money is considering applications for a First Home Loan with up to 95% of the property purchase price
Our team is excited by the opportunities to help New Zealanders into their first homes and we look forward to helping you with any queries you or your clients might have around this.
Contact us now to discuss this opportunity more www.mymoney.net.nz...
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.8% Yes! It's better to regift what I don't need
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20.2% No. It's the thought and effort that matters
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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