First Mortgage Loans

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First Mortgages

A first mortgage is a loan where we accept the title to your property as collateral. This provides you with a better interest rate compared to a second mortgage or a caveat and faster processing times. It has priority over any subsequent mortgages and is repaid through monthly mortgage payments. 

A first mortgage is a good choice because it’s cheaper than a second mortgage or a caveat and gets approved more quickly. With higher LVR it lets you borrow more of your property’s value and can help you buy a home or commercial space. You can also use a first mortgage to get money from a property you already own for personal or business needs. 

Our First Mortgage loan options are affordable, require only a small amount of paperwork, and are processed quickly.

Flexible Solutions

Our lending solutions provide flexible options for borrowers, featuring loan durations of up to 36 months and the convenience of repaying through monthly instalments

Quick Funding

In a majority of cases our quick approval process enables businesses to access funds in as little as 24 hours.

Competitive Rates

As Private Lenders, we are able to offer competitive interest rates on first mortgages, making them an attractive option for businesses or individuals in need of quick funding.

Maximum Financing

You can borrow up to 75% of LVR for residential properties & up to 70% of LVR for commercial properties.

Support Team

Our experienced support team is available to guide you through the application process, answering any questions and assisting with document submission.
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FAQ’s

There are several types of first mortgages available, including fixed-rate, variable-rate, and split-rate. Each has its own advantages & disadvantages, depending on your financial requirements and risk tolerance.

There are several types of first mortgages available, including fixed-rate, variable-rate, and split-rate. Each has its own advantages & disadvantages, depending on your financial requirements and risk tolerance.

The amount you can borrow depends on your income the property's value. We usually follow an LVR limit of 75%, but in some cases if additional securities are available, we may go higher.

Aside from the deposit, additional costs may include loan application fees, valuation fees, stamp duty and conveyancing fees.

Yes, you can obtain a first mortgage with a low deposit. However, you may be required to pay Lenders Mortgage Insurance (LMI) in such cases.

Yes, you can avail a first mortgage if you are self-employed. We may however require additional documentation to process your application.