Need a larger home loan deposit? The Reserve Bank of New Zealand recently implemented higher loan-to-value (LTV) ratios for the major banks which are effective 1 October 2013. This means if you are a buying a home you may need to have a larger home loan deposit (often around 20% of the purchase price). But don’t panic as we can often assist with a personal loan for a to ensure you have enough for your home loan deposit.
Over the years we have helped a number of customers with a deposit for their first home purchase or purchase of a larger home through a personal loan, including some freshly arrived immigrants, which was very satisfying. This is what makes us one of the most respected provider of loans NZ wide. Give us a call to discuss your options, apply online or send us an email.