You can apply for either:
- a pre-approval before you start looking for a property to buy – this gives you certainty around eligiblity and how much you may qualify for or;
- a grant approval if you've found a property and have a signed sale and purchase agreement.
We strongly recommend you apply for pre-approval. It takes the guess work out and helps speed up the process.
Applying before you find a property
To apply for pre-approval, you need to complete the HomeStart grant application, including documents that show your income and KiwiSaver contributions.
Pre-approvals are valid for 6 months – if you have not bought a home in that time you will need to reapply.
If you have a pre-approval, once you have found a property to buy, you need to provide us with the relevant documents two weeks prior to the settlement date.
Applying after you've had an offer accepted
If you have made a successful offer on a property and don't have a pre-approval, you need to apply for a HomeStart grant at least 4 weeks before the day of settlement.