1st Mortgages
                     1st Mortgages
A HomeSec Presentation
homesec.co.nz
What is 1st Mortgage
A 1st Mortgage is a type of loan that sits in ‘first 
position’ above all other loans that are secured 
with that property.
If you have an existing mortgage on the property 
e.g from a bank, the next loan you secure against 
that asset would be a 2nd mortgage.
On unencumbered properties, the loan that is 
secured with that asset would be a 1st mortgage.
Features of
1st Mortgage
Perfect for when you have an 
unencumbered property and want 
to tap into some of the equity
Great for if you only need the funds 
for a shorter or unique period of time 
to bridge a financial gap
1st Mortgages work well in 
emergencies too when you need a 
large amount of capital, fast
What more could you ask 
for? 
Why is a 1st Mortgage 
Important
In the world of business today and 
with the property landscape being 
what it is today, 1st mortgages are a 
great tool.
1st mortgages allow you to tap into 
equity (usually up to 75% of the 
property value) of your property and 
utilise it for other things whilst still 
retaining control of that asset. 
So if you wanted to fund a 
development project or pay a large 
bill or bridge a short term financial 
gap, then a 1st mortgage would be 
perfect.
Who is a 1st Mortgage
for?
1st Mortgages are perfect for 
business owners who need to get 
access to a large amount of funds fast 
and have sufficient equity in their 
property
Because Small Business Lenders 
specialise in specific funding solutions 
for small businesses, you can be sure 
that the service and loan you’re 
getting will suit you.
Small Business Lenders (unlike banks) 
are focused on small/medium sized 
businesses, so their processes are all 
very similar allowing these lenders to 
fund businesses faster.
The Myths of
1stMortgage
With us, no, there are no paper bags 
filled with cash. No legitimate lenders 
do cash.
We can go off indicative interest rates 
but it really depends on how you’re 
been assessed 
With rates and costs, any non-bank 
lender is going to be higher than a 
rate quoted by a bank. However, a 
bank takes longer to process and if 
they see one hint of bad credit 
history, they will decline you straight 
away. With private lenders and 
brokers like {{brand}} NZ, we are 
able to get you the best possible rate 
for Asset Loan and get you the funds 
faster than the banks. 
WE ARE HERE TO 
HELP NOW
Get started with our 2 minute 
application and the process begins
You might have some clients who are 
declined by UCFL's. We can help.
Any worthwhile business purpose, 
Cashflow, Start-ups.
Looking for  
First Mortgage?
Look no further. We’re here to help.
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