How can you buy a house with no deposit in New Zealand? Using equity to buy another house may allow you no cash deposit when applying for mortgage. Many property investors buy a second home by using existing property as equit...
Apart from savings made from your regular income, what are the other ways to source a deposit that can be used for buying a property? What proof of deposit is acceptable to use for a mortgage?
If one spouse doesn’t have income, some people may assume they can borrow more when applying for a home loan on their own.
Bank lending policies are changing rapidly, with huge variations among major lenders. Since the shock from Covid-19, borrowing becomes harder for some people, but borrowing cost has gone down and people may be able to borrow...
Voting is underway in the New Zealand 2020 election. Explore the main parties’ pledges at Policy.nz, but here’s a whistle-stop tour of what’s on offer in the world of housing policies, specifically compare Labour with Nationa...
Can I get a mortgage if I’m self-employed? Many New Zealand self-employed people are in the struggle to get mortgage approval approved for a home loan. Their banks may said no, but there are other mortgage lenders and options...
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