Kiwisaver, HomeStart Grant, and Welcome Home Loan Information

There is a lot of information out there about what's required to purchase a property. However there is a lack of accurate information around assistance from your Kiwisaver funds and the HomeStart Grant.

The information below covers the process and criteria of using these products. There are some changes from region to region. So please feel free to contact me to discuss if further details are required. The information below is for the region of Christchurch.

For first home buyers we’ve created a helpful guide which you can find here


Anyone can use their Kiwisaver funds to purchase their first home. There are no restrictions on how much you earn or how much the property costs to purchase.

However, Kiwisaver funds can only be used to purchase a property to live in and cannot be used to purchase a rental property.

There are second chances to using your Kiwisaver funds if you have owned a home before – it’s a little detailed so call me on 021 343 648 to discuss your ability to gain a second chance.

At Advanced Mortgage Solutions we have access to several Kiwisaver providers. Call us to discuss the best option for you or Click Here to see what Koura Kiwisaver can offer.

HomeStart Grant

The HomeStart Grant can be applied for when you have been in Kiwisaver for more than three years and you are under the following caps.

A single applicant doesn’t earn over $95,000.00 a year. A dual applicants’ income isn’t over $150,000.00 a year. There are no exceptions to these caps.

A purchase of a pre-loved property cannot be higher than $575,000.00 and a build cannot be above $775,000.00. If a build is being completed, then your HomeStart Grant doubles over purchasing a pre-loved property to a maximum of $10,000.00 per application if there bare 2 applicants.

First Home Loans

The First Home Loans is only available to Kiwi’s or people holding Permanent Residency that are looking to purchase their first home to live in.

The same income caps and purchase price caps apply as when applying for your HomeStart Grant (see above).

There are second chances to using the First Home Loans if you have owned a home before – it’s a little detailed so call me on 021 343 648 to discuss your ability to gain a second chance.

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  • Scott is wonderful to work with, which made the hole process so much easier and stress free. Highly qualified highly recommended. In there for the customers
    Karla Botting - 06 December 2023
  • Scott was fantastic to work with, honest and hard working, went the extra mile on everything, explained the nitty gritty jargon into easy to understand. Got us a great deal on our mortgage, put us with the right people. All in all 6 stars, if your buying then definitely call Scott at AMS!!
    Hamish Neilson - 06 December 2023
  • I used Scott at Advanced Mortgage Solutions for my first home purchase and am currently repurchasing a property through him again. Has been absolutely amazing and made the process extremely easy. Would recommend to anyone looking for a mortgage broker in Christchurch!
    Stacy Kamo - 29 November 2023
  • Scott and the team at Advanced Mortgage Solutions are great! Very knowledgeable and they make the house buying process very simple and easy to understand. Cannot recommend them enough!
    Scott Harris - 20 November 2023
  • Friendly and personalized service. Always happy to answer all my questions and love getting to see Gus when we meet in-person.
    Lisa French - 20 November 2023

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