Kiwisaver First Home

By: The Go 2 Guys  03-Apr-2013
Keywords: Real Estate, Financial Services, Mortgages

First home assistance
- After three years of contributing to KiwiSaver, people can withdraw money to put towards a first home (providing they are in a scheme which allows this option).
- Personal and employer contributions can be withdrawn, but not the Government's $1000 kick-start or tax credits.
- People who have contributed to KiwiSaver for at least three years can also apply for KiwiSaver first home deposit subsidy, administered by - Housing New Zealand. Subsidy of $1000 for each year of contribution available, up to maximum of $5000. Income limits apply.
- Couples buying a first home can each apply to withdraw KiwiSaver funds and for a KiwiSaver first home deposit subsidy, providing each meets criteria.
Source: KiwiSaver website    

Keywords: Buying Home, Financial Services, First Home Buyer, First Home Buyers, Home Loans, How Do You Get a Home Loan, I Want to Buy a House, Kiwisaver First Home, Kiwisaver Withdrawal, Less Than 20% Deposit, Low Deposit Mortgage, Low Mortgage Deposit, Mortgage Advice, Mortgage Broker, Mortgage Broker Nz, Mortgage Brokers, Mortgage Calculator, Mortgages, Real Estate,

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