First Home Partner is a shared home ownership scheme 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 5%
You purchase a brand new home together with Kāinga Ora taking a share and the bank provide funding for the balance.
Then later you buy the share back off Kāinga Ora.
My Smarter Guide
My name is Stuart Wills 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 what the First Home Partner shared home ownership scheme is, who it is designed to help and how to have the best chance of being approved so you can go ahead and buy your first home.
This is written by mortgage adviser Stuart Wills who is able to help you through the process and use First Home Partners to get you into a home sooner.
