Determine how much deposit you need
Figure out how much you’ll need to put down, and where it might come from, such as your personal savings, KiwiSaver, assistance from family or a guarantee.
Work out what price range you’re aiming for
What does your first home look like? Consider factors such as location, property type, and number of bedrooms to help set clear priorities for your search.
Engage a mortgage adviser
Getting early advice from a mortgage expert can make a real difference. We’ll help you understand your borrowing potential and explain the process in a way that makes sense.
Obtain pre-approval
Together we’ll assess your financial position and, if eligible, assist you in applying for pre-approval. This gives you clarity on your price range and shows sellers you’re a serious buyer.
Find a property
Explore listings, visit open homes, and shorlist properties that tick your boxes. When you find ‘the one’, you’ll be ready to make an offer.
Engage a solicitor
A solicitor or conveyancer will take care of the legal side – reviewing contracts, handling paperwork, and helping you meet important deadlines.
Work through conditions
Once your offer is accepted, you’ll need to work through a few key checks – such as securing unconditional finance, getting a registered valuation, and organising a builder’s report or LIM.
Finalise your loan structure
Your mortgage adviser will help you decide on the loan structure that suits your current lifestyle and long-term goals – including interest rates, repayment terms, and fixed vs. floating options.
Settle on your new home
On settlement day, legal ownership is transferred, funds are released, and you officially become a homeowner. It’s time to collect the keys and your first home is now yours!
