Recently some first-home buyers engaged us to help them buy a home with 10% deposit. One was a Kiwi and the other didn't quite have permanent residency.
Their previous broker had approached 3-4 banks with no luck. So we came up with a plan with getting their deposit to 15% involving a small personal loan and borrowing 85% from a non bank lender. This solution resulted in very happy clients who this week bought their first home! When the second applicant gets full permanent residency we can look to refinancing with a major bank.
If you need help getting into your first home, save yourself time and talk to us first to see what is possible.