Second mortgages

Second mortgages

Second mortgages can be tailored to reflect your individual needs and on occasions can reach up to 85% loan to value ratio. 70% is more common and full and clear repayment details assist 80% second mortgages.

Short term second mortgages, secured over good quality residential property is typically for the purpose of, say: code of compliance loans; bridging loans; credit cleaning loans, estate and personal change loans.

Second mortgage application detail

Let us know the term (1-5 years) and the amount ($50,000 - $500,000) 

Supply us with the Valuation, Sale & Purchase (if any), Prior mortgage payments (if refinancing)

Standard NZMBA loan application forms and supporting detail on the loan requirement

A second mortgage requires room for a priority from the 1st mortgage and also full clarity on say: cost to complete and experience (if it is a build), pre-sales (if it's developing) and repayment exit if applicable.

Contact us now for urgent 2nd mortgages, Asset lend or Underwrites

Your personal, and rights to, privacy will be fully respected
   
gerrard.sayes@nzmig.co.nz