Apply for a home loan under a shared ownership programme

If you’ve been approved for a shared ownership programme, you can apply for a BNZ home loan.

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Steps to apply for a home loan

1.Get a deposit together

You’ll need to have at least a 5% deposit, minimal debt, and a maximum household income of $150,000.

1. Get shared ownership approval

Get written confirmation from a shared ownership provider such as Kāinga Ora - Homes and Communities, or Housing Foundation, that you’ve been approved for their programme.

2. Complete our application form

Complete our application form and we’ll contact you to talk through your options. You’ll need to provide the approval document from the shared ownership provider, before we can proceed with your application.

Start your home loan application

All home loans are subject to our lending criteria (including minimum equity requirements), terms and fees. Interest rates are subject to change. An establishment fee of up to $150 may apply. Not for business purposes.

You can view the rates that apply to all home loans, including those whose interest rate type is still Residential Owner Occupied or Residential Investor, on our compare page.

Low equity interest rate premium may apply if the amount of your loan increases the LVR of your home loan to 80% or over.

Shared Ownership is a commercial arrangement between the borrower (you) and the Government third party provider, and is subject to their terms and conditions. Third party eligibility criteria, monthly charges and other fees apply.

References to third party websites are provided for your convenience only. BNZ accepts no responsibility for the availability or content of such websites.

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