KAINGA WHENUA LENDING
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Kainga Whenua is a lending product to provide finance to build residential homes on Maori Land and is available through Kiwi Bank. Housing New Zealand as guarantor must approve the loan and a tripartite deed must be executed as well as usual bank lending documents. The house (not the Land) is used as security for the loan.
We are very familiar with this product and provided advice to the Department of Building and Housing Reference Group on Kainga Whenua criteria and policies in 2012. New criteria and policies have been established as a result to enable Trusts to apply and to increase lending caps. We have an established relationship with our local Kiwi Bank mobile Manager and can assist you with your application through to approval. We can assist with funding and financial proposals. |
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