1. Planning your finances to buy a home
Know your buying power
- Meet with your ANZ Home Loan Coach
- Outline your budget
- Work through your deposit options
- Check your KiwiSaver first home withdrawal eligibility
- If applicable, request your KiwiSaver first home withdrawal eligibility letter
- Assess your insurance needs
- Get your home loan pre-approved
2. Finding the right home to buy
Understand what to look for
- Location, size, type of home
- Understand the types of land ownership
- Do your research on potential properties
- Get an ANZ Property Insights Report
- Engage a solicitor
- Complete building inspections, check the LIM report and consider ordering a property file
- Understand the types of offers
Find out how the house will be sold
- Understand the pros and cons of each method
- Send your Sale and Purchase Agreement to your Home Loan Coach and solicitor
- Apply for full loan approval
- Make an offer or bid at auction
- Meet your conditions if your offer is accepted
- Contact your Home Loan Coach to complete the home loan process
- Contact your solicitor so they can start preparing the documents
If you're using your KiwiSaver savings
- Work with your solicitor to submit your KiwiSaver first home withdrawal application along with all required documents
- Send the required documents to your KiwiSaver scheme provider at least 10 business days before payment is due. If your KiwiSaver account is with ANZ Investments, and you have lived overseas since you joined KiwiSaver, the processing time will be up to 15 business days.
3. Settling your home purchase
- Confirm your home loan and repayment structure
- Complete your pre-settlement inspection
- Confirm your insurances are in place
- Pay the remainder of the purchase price to the required account
- Settlement day – pick up the keys and move in
Free resources for home buyers
Important information
ANZ lending criteria, terms, conditions, and fees apply. Interest rates and fees are subject to change.
This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 269 296, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure.