Buying guide

How to get pre-approval for a home loan in New Zealand

Let’s break this down.

Al Hall
Last updated: 2 May 2023 | 6 min read

What you’ll learn:

What is home loan pre-approval

Who provides home loans in New Zealand?

There are several different home loan options available in Aotearoa New Zealand.

How to get pre-approved for a home loan in New Zealand

1. Grow your deposit

2. Decrease your debts

3. Clear up your credit

4. Keep on saving

Showing the bank that you're able to put money aside into savings is key to getting pre-approval.

5. Stay employed

6. Prepare a budget

What documents do you need for home loan pre-approval?

You'll need to get some documents together to apply for pre-approval hor a home loan.

What are the common conditions on a home-loan pre-approval?

Author

Al Hall Al Hall