We don’t do traditional home loans, but we can help clients with investment related property purchases, residential equity release for projects or business, and/or land purchases for development.
Residential Investment Property: Up to 75% LVR
Vacant Land: Up to 70% LVR
Leasehold: Up to 50% LVR
We can work with clients on any property project: from subdivisions, future standalone dwellings, terraced housing, to apartment developments, commercial property developments and more.
Residential Developments: up to 75.0% LVR
Commercial Developments: up to 66.7% LVR
(both of the above on the 'On Complete' value)
Development/Greenfield land: up to 50.0% LVR
We're experienced in helping with commercial and industrial properties, such as the development of commercial property or industrial units. We can also help to inject capital to assist growth/acquisition, all secured by a registered first mortgage.
Commercial Property: up to 66.7% LVR
Vacant land: up to 50.0% LVR
We can work quickly with you to tailor open-end bridging finance to help you fund a new purchase (along with capitalised interest negating debt servicing requirements) for sell-down of an existing asset.
Residential Property: Up to 75% LVR
Commercial Property: up to 66.7% LVR
Vacant Land: Up to 50% LVR
Leasehold: Up to 50% LVR
The limits stated above are the maximum we can lend per FMT policy. We recognise that each property transaction is different and the final loan amount will be determined based on a number of factors, one of which is the LVR. Lending terms, conditions, and fees apply.
Workshopping a loan only requires some basic information:
In addition, for development or commercial/industrial lending:
Valuations are helpful but not at all necessary to begin with.
I’m always available to discuss a potential loan. If you’re not sure that we’re the right fit give me a call to workshop the deal and I’ll be able to quickly let you know if we can help, or point you in the right direction to find a funder.
Feel free to send me an email outlining your requirements. If you can include the details listed above in workshopping a loan, I can quickly give you an indication of whether or not we’d be the right fit for your requirements.
Being an alternative lender means we’re not tied to the OCR in the same way that the banks are. However, our rates are still competitive.
To get the most up to date information give me a call and we can discuss how FMT might be able to help with your next project. Loan applications are considered on a case-by-case basis within First Mortgage Trust Lending criteria.
View Lending Criteria and Rates
Complete 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.
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