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First Home Buyer Mortgages

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First home buyers, we can help turn your dream into reality

Buying your first home is exciting, the prospect of a place that is truely your own.

Your head fills with thoughts of where and what to buy. You spend hours scrolling through property listings, going to open homes and discussing (sometimes arguing over) the pros and cons with loved ones.

With all that, having to then navigate the finance process can turn an exciting time into a stressful one. It’s a big job to get your head around the different banks’ lending criteria; criteria that can change at any time. What one bank may approve, another may decline.

That’s where we come in.

We manage the finance process for you. We navigate the various banks and lenders and negotiate the best possible terms on your behalf. Keeping you informed and involved every step of the way, we minimise your stress and save you time.

We do not charge you for any of our services. Whether you need some initial advice or are ready to go through the application process it will not cost you anything.

Realise your dreams without the stress, contact us today!

Our mortgage brokers can help you…

  • Calculate affordability
  • Find the best bank for you
  • Give you step-by-step guidance
  • Help you get up to 95% LVR
  • Get KiwiBuild pre-approval

Not sure whether now’s the right time?

It’s never too soon to start preparing for your first mortgage.

Talking to one of our mortgage brokers will clarify your situation for you. You may be ready to buy sooner than you think.

In many cases, it’s just a matter of rethinking your strategy to be in line with the bank’s lending policy. Or perhaps you qualify for a Home Grant or are eligible to access your Kiwi Saver.

Now is always the best time to get all your ducks in a row. Contact us for a consultation today.

Can you get KiwiSaver help?

When you are buying your first home, one of the first things to confirm is whether you have access to KiwiSaver and/or a HomeStart Grant. Our article tells you everything you need to know about these options. The use of your KiwiSaver increases your deposit, which can make borrowing significantly easier and cheaper.

Remember, we’re here to help: for all questions contact your local mortgage broker directly. A quick conversation will give you immediate answers, at no cost.

FAQs

The banks all have different policies and risk tolerances. First home buyers can get frustrated and waste a lot of time going to banks that won’t suit their needs.

Using a mortgage broker gives you a view of all the banks and their policies. It means you find the right bank faster and with less stress. With a mortgage broker, getting a mortgage isn’t complicated. It’s about proving you have enough deposit and enough income and then heading to the right bank with that information.

Some tips to making your mortgage application easier: get your documentation sorted early and keep your spending as low as possible in the 3 months leading up to your application.

The First Home Grant is a Kainga Ora cash grant designed to help lower-income purchasers buy lower-priced houses.  There is a maximum amount of income that you can earn and a maximum purchase price that you can pay to be eligible for the grant.  Here’s an article that we wrote on the First Home Grant.

You will want to apply for the grant early as it takes time to process.

You absolutely can!  That’s what it is meant for.  One thing to know is that you will usually need to have saved at least 5% of the purchase price on your own and the First Home Grant doesn’t count towards this goal.

Almost all Mortgage Lab services are available to you free of charge. Our brokers get paid a commission by the banks when a mortgage is finalised or refixed.  The only time you’ll pay a fee is if we have to involve a non-bank finance company. You’ll always be made aware of these fees long before they are locked in.

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We Have Launched An Online Course

“How To Buy Your First Home”

We’ve just released this specifically to help first home buyers.  

What you’ll learn:
  • Mortgage fundamentals
  • How your income affects your mortgage
  • How much deposit you’ll need
  • How to get more deposit if you don’t have enough
  • What to do once you’ve got your approval

Why Choose Us?

Because when it comes to your first home, you deserve the very best…

 Stress-free process

We act quickly to reduce the hassle and hold-ups of the financial approval process

 Expert advisers

We’re highly experienced and trained to help you through the mortgage approval process

 Friendly service

We’re here for you and we genuinely care about helping make your dream a reality

What Past Clients Say…

I am a middle-aged single female buying a first property in Christchurch post-COVID lock-down; the most difficult market to not only get finance but actually get a property to put an offer on! My excitement quickly turned to agitation, anxiety and straight out confusion.

Lynne was ready, willing and able to get my finance sorted however s…

Lynne Dent

First Home Buyer - T Theyers, Christchurch

Robyn was fantastic! Always available and really responsive. She helped us understand all of our options and was always there to answer all our questions big or small. I would recommend Robyn to anyone and will use her for our future mortgage needs.

Robyn Turner

First Home Buyer - C Beech, Waikato

Lynne is great, she showed me how to manage my finances more effectively and how this affected my application with the bank and went above and beyond to get my loan through for me!

Lynne Dent

First Home Buyer - J Keegan, Christchurch

Amazing every step of the way, no question was too hard and kept us up to date with how everything was going.

Rachel Railey

First Home Buyer - L Fisher, Waikato

Kyn is an excellent mortgage broker, he made my first home purchase a breeze. Despite the strict lending criteria (LVR etc.) on low square metre Auckland CBD apartments, Kyn worked really hard to find a finance solution that would work. Would recommend him as a broker and adviser to all. Cheers Kyn.

Kyn Jackson

First Home Buyer - S Sinton, Auckland

Brett was amazing, he really looked after us and made every effort to get us our home loan. I would recommend him any day.

Brett Davies

First Home Buyer - S Vatble, Auckland

Lynne was very helpful, positive, and worked hard to get the best deal for us. She made it possible for us to be able to buy a house much sooner than we expected. She respected our wishes, explained things well, and adapted to the changes necessary with lockdown very well. She always conducted herself p…

Lynne Dent

First Home Buyer - B Dickinson, Invercargill

Lynne was excellent to deal with, very friendly and very knowledgeable. I would recommend her service.

Lynne Dent

First Home Buyer - M Ebsworth, Christchurch

Lynne, was fantastic from start to finish. She took the stress out of buying a house and even helped us look for a house which we now proudly own. Thank you!

Lynne Dent

First Home Buyer - H Patel, Christchurch

Keith is absolutely incredible to work with and we could not be happier with the outcomes he’s provided for us. If you are looking for an Adviser who always gets back to you promptly, explains everything clearly and gets you the best deal possible, Keith is the who you are looking for.

Keith Munro

First Home Buyer - S Fourt, Wellington

Laura was so amazing and understanding. Really helpful especially as all the work was done during level 4 lock down. I can’t recommend the service and experience highly enough.

Laura Cates

New Purchase

Lynne did a brilliant job organising us into our first/down sizing home. We didn’t think we had things quite in place but non the less when a place popped up we were really interested in she was able to work her magic and we have now been in our own home for a couple of months.She was so knowledge…

Lynne Dent

Purchase of New Home

Johnny was exceptional throughout the process. I will definitely recommend his services.

Johnny Ang

First Home Buyer

Ruan was amazing to work with, he invested in our aspirations and developed strategies to get the best outcomes. How we are first home owners, couldn’t ask for anything more!
Thank you Ruan.

Ruan Chryssafis

First Home Buyer Through Construction

Helpful, knowledgeable.

Johnny Ang

First Home Buyer

Robyn was incredible and so encouraging. I would never have thought I could buy a place in my dream location, but with her help I did. She was a wealth of knowledge and always happy to answer my (many!) questions.

Robyn Turner

First Home

Two thumbs up for Johnny, his excellent service and hard work. I would 100% recommend Johnny to my friends and family without doubt.

Johnny Ang

First Home Buyers - Auckland

Very professional, I was very happy with the overall experience and manner that Samuel presented to me.

Samuel Eva

Purchase of First Home

Samuel was so knowledgeable and made the whole process so easy. I would definitely recommend him to anyone looking to buy a house!

Samuel Eva

Purchase of First Home

Samuel has been awesome to deal with & we’ll certainly be recommending him in the future.

Samuel Eva

First Home Buyer - Auckland

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Want to DIY but need a little more help?

Purchase our book online to become the next successful first home buyer

Our paperback book “The Successful First Home Buyer” walks you through the entire process of preparing to buy your first home.

The goal? By the end of the book, you will present to the bank as the perfect buyer!  Follow the To-dos at the end of each chapter and make the entire home-buying process easy.

Send us a message:

Get in touch with Mortgage Lab. Simply send us a message via the form and we’ll be in touch shortly.