Does being selected in the refinancing ballot guarantee I’ll get a loan?
Does being selected in the refinancing ballot guarantee I’ll get a loan?
No - selection gives you the opportunity to apply for a home loan. All applications are still subject to Simplicity’s lending criteria, credit checks and legal requirements.
To enter, at least one applicant must: Be a Simplicity KiwiSaver member, Live in your first home, which must also be your main residence, Be refinancing your existing first home loan, and Not own any other property. Applications must be made by ...
Yes. You must confirm that you comply with the eligibility criteria for a Simplicity First Home Loan and at least one applicant must meet all of the following criteria: Simplicity KiwiSaver member Refinancing their first home Does not own any other ...
Yes, once you have found a property you would like to buy, you will need to engage a solicitor or conveyancing professional to complete your conveyancing. You’ll be responsible for all your legal costs in purchasing the property. It’s important to ...
It takes 1-2 working days to process a complete KiwiSaver application form. As soon as you've received an email from us with your account and login details, you'll be able to apply for a first home loan.
The Eligibility Criteria below, will apply to your Loan: As a first home buyer You will use the loan to purchase your first home. You must be a Simplicity KiwiSaver member. We will lend up to 80% of the value of the property you wish to purchase, ...