New immigrants


Buying property in a new country can be a challenging process.  If you have been employed in New Zealand for six months and have saved an adequate deposit, then Sovereign’s Go Home Loan could be right for you.

​Buying your first New Zealand home

If you are new to New Zealand, you could have problems securing finance for a home, investments or business.  This could be because you don’t have any banking or credit history in New Zealand , and be unable to prove your earnings or have a defined source of equity.

We have designed the Go Home Loan with this in mind.

The Go Home Loan

If you're thinking about buying your first property in New Zealand, we recommend that you talk to an Adviser to help you understand your options and plan your goals.  

You also need to have been in paid employment in New Zealand for six months or more.

Permanent NZ residency status is required if the loan to valuation ratio (LVR) is above a certain limit unless an ITA (Invitation to Apply − from NZ Immigration) is held for professional migrants in which case you may be able to borrow up to a higher limit.

Disclaimer: The information contained on this site is of a general nature and is intended as a guide only, outlining some of the features and benefits provided by Sovereign's Go Home Loans. All home loans are subject to our home loan lending criteria. Early repayment adjustments may apply.  For loans with less than 20% equity a Low Equity Margin may apply. The lender is ASB Bank Limited via its nominee Mortgage Holding Trust Company Limited. The transactional account for Sovereign’s Go Home Loans is provided by ASB Bank Limited.

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The information contained on this website is general in nature and is not intended as advice. It may not be relevant to individual circumstances and before making any investment, insurance or financial planning decision; you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.​