Rating based on 62 reviews

Housing New Zealand


  • Home loans up to $600,000
  • Housing development
  • Repayment up to 10 years

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Housing New Zealand homepage

Author Housing New Zealand. Screenshot of Housing New Zealand website. [Accessed April 17, 2018]

About Housing New Zealand

Housing New Zealand Corporation is a dedicated provider of housing services to people who cannot afford to rent a flat or a house on their own.

Tenants can stay for as long as they need to. They receive complete support with every tenancy matter. We are able to provide comprehensive assistance through our partners which include the Ministry of Social Development and the Ministry of Health.

Get a home loan, it's easy and straightforward

Our subsidised rental homes offer living conditions of the highest quality We are focused on the effective and efficient management of the properties. In addition to our core operations, we offer affordable home loans in New Zealand. These include Welcome Home Loans and KiwiSaver subsidies for the buying of a first home. We make homeownership more easily accessible to individuals and families that do not have sufficient savings to pay the deposit required by lenders.

Housing New Zealand Services

When you have sufficient income for making mortgage payments, but you do not have sufficient savings for a deposit, a Welcome Home Loan can be the right solution for you.

It is provided by lenders who work in cooperation with Housing New Zealand. With a Welcome Home Loan, the deposit is only 10% of the price of the property while the conventional mortgages require a deposit of 20%.

You will require a 10% deposit in most cases

In order to qualify, you have to meet the specific requirements set by the chosen lender which can be a bank or a credit union. The maximum loan amount which you will be able to use is determined by the region where the property is. There is an individual price cap for each reason. The maximum amount which you can borrow is calculated by subtracting the 10% deposit from the house price cap.

Housing New Zealand Home loan

  • Loan Type Home loans
  • Loan Amount up to $600,000
  • Repayment 1 year to 10 years

Benefits of Housing New Zealand

  • Housing development projects
  • Choose between home loan options

Turn to Housing New Zealand when you are looking for a home loan with a difference

Housing New Zealand in Auckland offers home loans only the way you like it. Housing New Zealand makes it less demanding for you to get into your first home.

Our home loans are offered by moneylenders, bolstered by Housing New Zealand, and, intended for first home purchasers who can easily afford to make general reimbursements on a home credit, yet experience difficulty with giving surety or collateral as a security measure.

Home loan requirements

To qualify for one of our home loans, you need not to have huge savings in your bank account. Only 10% as a proof is needed to ensure you meet the standard home loan requirement. Terms and conditions apply, which we will discuss in full detail with you once you decide on how much you need to borrow for your new home.

Credit limits - The greatest sum you can acquire with a Home Loan from Housing New Zealand relies on the district you are purchasing in. Every district has a house value top. The greatest advance for that area is the house value topless your 10 percent of your savings amount.

The house value tops are

  • Auckland – $550,000
  • Hamilton City, Tauranga City, Western Bay of Plenty District, Kapiti Coast District, Porirua City, Upper Hutt City, Hutt City, Wellington City, Nelson City, Tasman District, Waimakariri District, Christchurch City, Selwyn District, Queenstown Lakes District – $450,000
  • Rest of New Zealand – $350,000.

To be qualified for a Home Loan from Housing New Zealand your consolidated family unit wage throughout the previous 12 months would need to be no less than $80,000. On the off chance that you are the sole borrower. In the event that you are joining forces with one or more borrowers to purchase a house, then you can have a consolidated salary up to $120,000.

Call us today, let us set up some beneficial and valuable options for you, let us assist with all the enquiries you have, and lets us get you the home you have always wanted - you can apply for a loan online or contact us to discuss.

Customer Reviews & Testimonials

What I liked most was that I only needed to put down a 10% deposit instead of the required 20% that my bank asked.

Lenny C
— Hamilton —

Very well organised home loan option, I can recommend their services.

Alec W
— Auckland —

Housing New Zealand Contact

Physical Address

  • 42 201/185 Great South Rd Manurewa Auckland Region 2102 New Zealand
  • Get Directions

Postal Address

  • PO Box 2628, Wellington, 6140, New Zealand

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed