General questions
- Can I apply for both the deposit subsidy and savings withdrawal at the same time?
- I am also applying for a savings withdrawal from my KiwiSaver scheme provider — how does that affect my deposit subsidy application?
- Am I allowed to use the deposit subsidy with a Welcome Home loan?
- My partner has previously owned a home. Will we be eligible for the deposit subsidy and / or savings withdrawal?
Can I apply for both the deposit subsidy and savings withdrawal at the same time?
Yes, you can.
I am also applying for a savings withdrawal from my KiwiSaver scheme provider — how does that affect my deposit subsidy application?
Savings withdrawal and the deposit subsidy are independent features of KiwiSaver. You can apply for either one or both.
Am I allowed to use the deposit subsidy with a Welcome Home loan?
Eligibility for the deposit subsidy and the Welcome Home loan are assessed independently. Eligibility for one doesn’t affect the other and you may be eligible for both.
My partner has previously owned a home. Will we be eligible for the deposit subsidy and / or savings withdrawal?
Eligibility for the deposit subsidy and savings withdrawal is assessed on individual applications. However, income is assessed on household income i.e. the people purchasing the home.
