Hi everyone,
I'm doing some research about options for first home buyers. There is a scheme called "Welcome Home Loan" which opens the opportunity to buy a house with only 10% deposit.
One thing is they require "You are a New Zealand citizen or permanent New Zealand resident". Has anyone here applied for this loan before?
http://www.welcomehomeloan.co.nz/am-i-eligible/
I'm quite confused whether a "resident visa" holder is eligible for this loan? Or the applicant must hold a "permanent resident visa"?