Can you get a mortgage (bond)?

New Zealand banks will lend to new immigrants and generally speaking, immigrants are classified into 3 groups:
1. Those with permanent residency – a lesser deposit is sought from holder of permanent residency which can be as low as 5 -10% of the purchase price.
2. Those with temporary permits such as work – in this case the deposit require tends to be higher
3. Holiday homes – more stringent checks and higher deposits will be required.