First Home Buyer Broker
First Home Mortgage Broker in Gisborne
Buying your first property can be an exciting next step, but don’t rush into a mortgage application without understanding the financial implications and commitments.
Instead of feeling stressed and confused about the financial jargon and paperwork, work with a trusted first-home buyer broker like My Wealth, who will guide you through every step of the mortgage process. We design our services to be accessible and affordable because we believe everyone deserves a shot at owning their own home.
Book a free consultation with a first-home mortgage broker in Gisborne, and let’s start your exciting journey to home ownership together!
What Can a First Home Buyer Broker Help with?
Fixed Rate Mortgage
Our financial advisors in Gisborne, NZ, help you develop a comprehensive financial plan that takes into account your income, expenses, and long-term financial goals. By understanding your financial situation, we can help you determine how much you can afford to spend on a property and create a plan to save for a down payment. In short, we get you "bank ready" for your mortgage application.
Property Search
We help you find the right property that fits your needs and budget. Our team can help you identify properties that meet your requirements and guide you through the buying process.
Ongoing Support
Through our Growth Programme, we provide ongoing support and guidance throughout buying and managing your first property. Our team can help you address any challenges or issues and provide advice and guidance to help you make informed decisions about your investment.
Mortgage Assistance
A first-time buyer mortgage broker can assist you in finding the right mortgage for your needs. Our team can help you understand the different types of mortgages available and work with you to find a lender with favourable terms and rates. All mortgage application work is done in-house. You don't need to go to your bank; we do all the heavy lifting.
Due Diligence
A first-home buyer broker near you can help you conduct the necessary due diligence before making an offer on a property. This includes reviewing the property's history, evaluating its condition, and identifying any potential issues that may impact its value.
Why Work with My Wealth?
My Wealth is the top choice when buying your first home in Gisborne.
As your dedicated first home mortgage broker, we will help you navigate the complex world of mortgages with ease. Our deep connections in the industry give you access to a wide range of lenders and products, ensuring you get the best deal possible. And because we're rooted in the Gisborne community, we understand the local market like no one else.
Unlike other brokers who might focus solely on securing a mortgage, we take a holistic view of your financial future. As a financial partner invested in your long-term success, we'll help you navigate the immediate challenge of buying your first home while setting you up with strategies to build wealth over time. From helping you start the proper accounts to creating solid debt repayment plans or finding 2nd mortgage lenders later down the road, we've got you covered.
Make your dream of owning a first home a reality by partnering with an experienced first-home buyer broker in Gisborne today.
Frequently Asked Questions
How do I know if I’m eligible for a first-home loan?
Your income plays a crucial role. For individual buyers, you’ll need to earn $95,000 or less annually (or $150,000 if you have dependents). For couples, your combined income should be $150,000 or less. You’ll also need to be a New Zealand citizen, permanent resident, or hold a resident visa.
As a first-time buyer, you’ll need a minimum 5% deposit of the home’s purchase price. The property must also be your primary residence and under 1 hectare in size. Our first-home mortgage brokers can work with you to determine your eligibility for a loan.
What incentives are available for first-home buyers?
Several exciting incentives are available to help you get your foot on the property ladder in Gisborne. For example, the KiwiSaver First-Home Withdrawal is a fantastic opportunity. If you've been contributing to KiwiSaver for at least three years, you can withdraw most of your savings towards your first home, giving your deposit a significant boost.
Another method is the Kāinga Ora First Home Loan, which allows eligible buyers to purchase a home with just a 5% deposit. For those with supportive families, several family assistance options are available—these range from co-borrowing arrangements to specific bank programs designed to help families support first-time buyers.
Many banks offer special programmes for first-home buyers, including competitive rates and cash contributions. Our team of first-home buyer brokers has access to a wide range of lenders and products so that we can find the best fit for your unique situation.
What types of loans do you recommend for first-time buyers?
One of our top recommendations for first-time buyers is the Kāinga Ora First Home Loan. This gem allows you to purchase a home with just a 5% deposit, making homeownership more accessible.
We also suggest exploring standard bank loans with first-home buyer incentives. Many major banks offer special packages that can include cashback offers, discounted mortgage rates, or additional benefits. These can give you a nice boost as you start your homeownership journey.
We understand that not everyone’s financial situation is the same. As your dedicated first-home mortgage broker in Gisborne, we take the time to understand your unique circumstances, explain all your options, and help you choose the loan that best aligns with your goals. Contact us today for a free consultation!