The Client’s Situation
A husband and wife came to us looking to buy their first home, but they were facing a few real hurdles. They had a poor credit history, several existing debts, and only a 5% deposit saved. On top of that, their combined income meant they didn’t qualify for the First Home Loan scheme.
Our Approach
We put together a clear, tailored action plan over 3–4 months. This focused on restructuring their debts, clearing overdue accounts, improving their credit profile, and building stronger savings habits. With regular check-ins and consistent follow-through, they steadily moved into a position where a bank application became realistic.
The Result
A major New Zealand bank approved their home loan of $880,000 at a competitive 6.09% interest rate, with just a 5% deposit. They went on to purchase their home for $928,000. This outcome shows that, even when the starting point is challenging, the right strategy, preparation, and guidance can make home ownership achievable.