The Property Academy Podcast
Buy an Investment Property With a 10% Deposit? You Can If You Meet This Criteria | Ep. 459
13 Dec 2020
In this episode, we discuss the BNZ's announcement that they are now willing to lend up to 90% for investors purchasing turn-key builds from a developer. This is effectively adding in the new build exemption which was always in place. But, before you get too excited ... in order to get a loan with that little deposit, you'll need to be a "golden client" ... most likely double incomes in secure industries with clean credit and account conduct. And you'll also have to pay higher interest rates. Got a topic you'd like us to talk about? Send us a text. Our number is 5522. It would be great to hear from you.
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