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Low Deposit Loans Making Homeownership Easier | Auckland News
More first-time buyers are snapping up homes with deposits as low as 16% thanks to relaxed lending rules — especially in pricey markets where 20% feels out of reach. While smaller deposits mean higher interest rates or fees, experts say it’s a short-term fix if you’re smart about paying down your mortgage fast. The real challenge? Getting that initial deposit — so advisors recommend solid savings, clean credit, and minimal debt. Bottom line: talk to a mortgage advisor — they’ll help you navigate the best path for your situation. Listen in comfort:Get a discount on a Soli Pillow…
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