Many Filipinos in New Zealand own a house, and they have managed to secure this by the help of a professional mortgage broker.

Also, did you know that right now the New Zealand government is giving a grant of up to $20,000 per couple towards buying their first house, in certain circumstances?

New Zealand has many great options for home loans, however it can also be challenging to get a home loan. In the recent years, it has been challenging because of the bank criteria getting harder and harder to satisfy.

When you want to buy a home, you will need to think about questions such as:

Am I going to live in the house, or rent it out?

Where will my deposit or downpayment come from? (Such as savings, KiwiSaver, any applicable government grants?)

What is my income or salary?

What are the loans and other debts that I have?

How much do I want to borrow?

Depending on the answers to these types of questions, there can be different criteria or different possibilities as to whether you can or cannot get a home loan.