Home Loans Kiwisaver

If you have been contributing to kiwisaver for 3 years you may be eligible to withdraw some of your kiwisaver savings. The first step in the withdrawal process is getting an estimate of how much youll be able to withdraw. Home loans view compare or manage a home loan designed for you.

In the case of a kiwisaver first home withdrawal you should apply to your kiwisaver provider not housing new zealand.

Home loans kiwisaver. If your name is drawn in the ballot and you meet the criteria youll have six months to find your first home. Been in kiwisaver for at least 3 years and. You can make regular contributions from your pay or directly to your scheme provider. Been a simplicity kiwisaver member for at least a year and.

Employers need to check if new employees are eligible to be automatically enrolled enrol them if they are and make kiwisaver deductions and contributions. A kiwisaver homestart grant or kiwisaver first home savings withdrawal can help you buy your own first or new home and add to your deposit. Youll also need a letter from your kiwisaver scheme provider confirming your eligibility to make a first home withdrawal. Your provider will pay the funds into your solicitors trust account.

Were members of financial advice new zealand and kepa and our advisers are registered financial services providers with the financial markets. Youll need this if you want to get conditional approval for a home loan. If youre a first time home buyer or a previous home owner and youve been making regular kiwisaver contributions for 3 5 years you may be eligible for a first home grant of up to 10000. Eligible members can withdraw their kiwisaver savings including tax credits.

First home grant has a few more conditions attached and many of those conditions are the same as for the first home loan. Youll be eligible to enter our monthly ballot. To qualify for the first home grant you must contribute to kiwisaver for a minimum of three years and there are minimum amounts you need to contribute. To be eligible for a kiwisaver first home withdrawal you must.

Are buying your first home. Contact your kiwisaver provider as soon as you sign a sale and purchase agreement. Have been a member of a kiwisaver scheme or complying superannuation fund for at least three years. Kiwisaver home loans whether its lending advice for your next home investment property or holiday house or help sorting your kiwisaver and investment goals well take care of everything.

Kiwisaver first home withdrawal if you have been a member of kiwisaver for at least three years you may be able to withdraw all or part of your savings to put towards buying your first home. Kiwisaver is a voluntary savings scheme to help set you up for your retirement. You apply for the grant through kainga ora homes and communities.