The Questions First Home Buyers Ask Most
First home buyers tend to ask a similar set of questions before engaging a mortgage broker — about cost, KiwiSaver, and what actually happens during the process. Here are straight answers to the most common ones.
If anything about your situation feels unusual, a good broker will still have dealt with something similar before — there's rarely a first-home-buyer question they haven't heard.
Common Questions, Answered
Straightforward answers to what first home buyers ask most.
Does it cost anything?
Usually not — brokers are typically paid by the lender via commission, not by you.
Can they help with KiwiSaver withdrawal?
Yes, a good broker can guide you through First Home Withdrawal and grant eligibility alongside your loan application.
How much deposit do I need?
This varies by lender and LVR settings; your broker can confirm the specific requirement for your situation.
How long does the whole process take?
Pre-approval usually takes 3–5 working days; the full process to settlement varies with your purchase timeline.
Can Help With
Can't Guarantee
A broker can guide you through KiwiSaver First Home Withdrawal and grant eligibility alongside your mortgage application — you don't need to handle these separately.
Quick Summary
- Cost: usually free, paid by the lender via commission.
- KiwiSaver help: a broker can guide you through First Home Withdrawal too.
- Approval itself is always the lender's decision, not the broker's.