Start the conversation with New Zealand’s largest non-bank first mortgage lender.
Over the past 28 years, our team has completed loan facilities from $150k to $34m helping clients nationwide secure their property finance.
We pride ourselves on our knowledge, expertise and ‘can do’ approach. Our local teams are committed to fostering a real sense of partnership with advisers and clients, and as a non-bank we are distinctly different from traditional lending institutions where service can be often regarded as transactional.
Our reputation in non-bank lending is built on flexibility and an ease of doing business. Since inception, first mortgage loan advances have been made available on a range of residential, commercial and rural properties, including a wide range of business activities.
We understand that time is money and so we work hard to offer a straightforward service where loan decisions are turned around quickly so that you can either get on with the project - or with finding alternative funding. We promise you that we’ll be prompt in our assessment.
We work hard to keep our interest rates to a minimum, all the while staying true to our investors and their investment objectives too. It’s a fine balance and one we deliver on daily.
We offer a streamlined application process. This, combined with our singular loan funding model, means we can focus on tailoring solutions for you without the distraction of other accounts or facilities that traditional banks may otherwise focus on.
We make every attempt to offer solutions that may not be available from others. This includes equity release and interest-capitalised options – both of which may be possible when the underlying fundamentals are sound.
This is a significant point of difference between FMT and others. We do not enforce early repayment costs on the sale of an asset as part of your exit.
In addition to some of the most competitive non-bank interest rates, FMT can fund your projects from three months out to four years, eliminating costly rollover fees associated with shorter-term lending.
We understand that the Exit Strategy is just as important as the onboarding. This could be the sale of the property or the loan being refinanced back to a mainstream lender once the desired goal has been achieved. For us it’s simple. When lender and borrower win, then our investors also win – and ultimately the New Zealand economy wins too.
We lend to a certain level against different categories of property. Loan applications are considered on a case-by-case basis within First Mortgage Trust Lending criteria.
View Lending Criteria and Rates
“I really value the relationship I have with my BDM at First Mortgage Trust.”
First mortgage finance is a loan secured against property, and which has priority over other amounts secured against that property.
No, we do not offer second mortgages. However, we are a open to talking through your situation to see if we can help you with a solution. If we can’t help, we can recommend others who may be able to help you.
Our minimum loan is $150,000 and our maximum is $34,000,000.
Click here to learn more about our lending criteria.
Pick up the phone and talk to our team, or download a pack and we can start the conversation.
We lend to a certain level against different categories of property. Loan applications are considered on a case by case basis within First Mortgage Trust Lending criteria.
Click here to view our Loan Criteria
While First Mortgage Trust has a small number of pre-existing consumer loans, it is no longer in the business of providing such loans. Accordingly, our suite of consumer loan documents is no longer included on our website. If you have any queries around an existing loan, please contact us on 0800 321 113.
Our current interest rates are listed here.
The rate charged will depend on your financial circumstances taking into account:
>how much you want to borrow
>the term of your loan
>your income
>your other financial commitments
>your credit history
>Loan to Value Ratio of security offered
We will always do our best to offer you the best interest rate possible.
Our loans terms range from 3 months to 4 years, and we also can provide loan extensions.
We have offices in Auckland, Tauranga, Wellington and Christchurch. Our team possess local knowledge and experience to help in all areas of property investment and development, complemented by specialists in the areas of accounting, law, financial services and property lending. This means we have the skills on hand when we need them, and we can speak your language when we are looking at how we can assist you.
We are realistic and would rather hear from you, than not. During Covid, we were very proactive with advisers and clients, initiating conversations with the offer of loan extensions and capitalised interest relief where required. It’s this personalised approach and understanding of each client’s individual financial position that sets us apart from traditional lenders.
Yes, we would welcome an enquiry from your adviser. Many will know of FMT and our lending requirements already thanks to the proactive involvement we have had in the industry over many years.
Yes, you are correct. We do run one-on-one and group training sessions with advisers, upskilling them and their staff about non-bank lending and how to tailor applications to improve turnaround times. We also constantly update advisers on the market and the types of creditworthy opportunities we are keen to progress. Contact us to talk about this further.
If you want to talk to us you can either phone 0800 321 113 or email [email protected] to talk to our lending team. Click here for our team.
Complete the application form and send it to us and one of out team will be in contact.
Fill in the form and we will be in contact shortly.
A member of our Lending Team can give you a call to discuss any questions you might have about borrowing from FMT.
Request a call back nowThe quality of our people is at the heart of our lending platform. We understand that every situation is different, which is why we work so hard to tailor a solution for you.
Click here to meet our TeamComplete this questionnaire to see what type of fund might be the most tax effective for your circumstances. Please note, this is just a guide and we recommend you seek professional tax advice.
Disclaimer – This tool is intended to provide general guidance only. This tool does not take into account your particular financial situation, objectives or goals.
There are alternative strategies which may provide better outcomes, we recommend you seek independent advice before making any investment decision. If you have completed this guide and wish to discuss this, we recommend you seek professional tax advice.
