Will the DTI ratio changes throw your lending ability off balance?
The much-heralded Debt-to-Income ratio restrictions are finally here, and the question is what does it mean for home buyers and property investors? According to economic data released on June 20, New Zealand’s GDP has increased, albeit only marginally by 0.2%. Although this doesn’t warrant popping the champagne corks just yet, it technically means NZ is […]
Banking on the First Home Grant for your home loan deposit?
It’s likely you were banking on the First Home Grant for your home loan deposit? What can you do now if you’ve been caught short? Being a KiwiSaver member and eligible applicant would have allowed you to receive a grant of up to $10,000 for a brand new home or up to $5000 for an […]