Simplicity KiwiSaver is offering mortgages for first home buyers

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Forums › Finance and wealth management › Simplicity KiwiSaver is offering mortgages for first home buyers

kotuku4

483 posts

Ultimate Geek

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#257437 3-Oct-2019 09:13

Simplicity KiwiSaver is offering mortgages for first home buyers.

https://www.stuff.co.nz/business/116236912/simplicity-takes-on-banks-with-295-per-cent-mortgages-for-first-home-buyers

If I was considering a first home in future I would put some money into Simplicity. And will suggest to my step son.

I have Simplicity Kiwi Saver, and investment fund. Hopefully they can extend the offer to other loans in future.

kotuku4

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#2329022 3-Oct-2019 12:59

Some more information.

https://simplicity.kiwi/simplicity-first-home-loans/

clinty

1182 posts

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#2329039 3-Oct-2019 13:27

Good to see they are limiting your loan to make sure the repayments are no more than 30% of your take home

Good responsible lending :)

Clint

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