First Home Partner is a shared home ownership scheme designed to help first home buyers whose deposit and the home loan aren’t quite enough to buy a home that meets their needs.
The minimum deposit needed for the First Home Partner scheme is just 5%
You need to purchase a brand new home.
Buy your new home together with Kāinga Ora taking a share and the bank provide funding for the balance.
Later on you can buy the share back off Kāinga Ora and the scheme allows you 15-years for this.
My Guide To First Home Partners Shared Ownership
My name is Sunil Kumar and I’m a financial adviser and a specialist for the First Home Partner shared home ownership scheme.
This guide has been created to explain more about First Home Partners shared home ownership scheme explaining what it is, who it is designed to help and of course how I can help you with the best chance of being approved so you can go ahead and buy your first home.
This guide is written by mortgage adviser Sunil Kumar and I welcome the opportunity to help you through the process and use First Home Partners to get you into your new home.
We recommend a simple 4-step process.
It’s proven to be successful and we’ve been able to help a lot of people to buy their first new home.
Of course it’s not going to suit everyone, and some people will not qualify – but I believe it’s something that every first home buyer should at least know about.
Once you know about First Home Partners you could accelerate getting into your own home.
