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More Help For 1st Time Home Owners

Wednesday 3rd of March 2004
Housing Minister Steve Maharey has announced that the eligibility criteria for home loans with Kiwibank has been eased, due to soaring property values.

He says that means no-deposit mortgages can now be approved for homes valued at $150,000 as opposed to the previous limit of $100,000.

The income threshold for one or two people in the same household has been increased fro...
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