First home buyers
Your first home journey starts here.
Buying a first home comes with unfamiliar terms, lender rules and paperwork. 9 Yards helps you understand deposit options, KiwiSaver first-home withdrawal and Kāinga Ora First Home Loan pathways.
What we sort
- Clarify deposit sources
- Explain fixed, floating and split loan structures
- Compare suitable lenders
- Prepare a cleaner application
Your advisers
Start here
Start your first-home plan.
Straight answers
Common questions.
How much deposit do I need for my first home?
For all lenders 20% deposit is the golden number. However, with a 10% deposit (or in some cases 5%) you can get a home loan for your first home! Not all lenders are open for loans with less than 20% deposit.
Your 9 Yards Mortgage Adviser will ensure that whatever your deposit you have the best opportunity possible to buy your first home!
What banks offer the First Home Loan?
The lenders offering the first home loan are: Westpac, SBS Bank, The Cooperative Bank, Unity, KiwiBank, Nelson Building Society & NZ Home Loans
How long do I have to be in a KiwiSaver scheme before I can withdraw it to buy my first home?
To withdraw your KiwiSaver savings to purchase your first home you’ll need to have been contributing member for at least 3 years.