NewBuild Home Loans

Residency Visas. What’s changed and how does it affect you?

For a long time, residency status has played a major part in determining deposit requirements in lending assessments. New Zealand remains an attractive destination for new migrants who are looking to build a new future, so the recent relaxing of deposit requirements for resident visa holders (in some cases as low as 10%) and the easing of lending criteria is a welcome change that could have long lasting effects for generations of new Kiwi’s to come. Applies to owner-occupied homes only.

Contact a NewBuild advisor today to see what you qualify for.

New changes to lending criteria just announced make purchasing a home far more accessible, particularly for those on a New Zealand Resident visa!

Get in touch with a NewBuild advisor today to know more!