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.
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The Property Academy Podcast