Why Choose FNZCG for Your First Mortgage?

Flexible Mortgage Solutions

FNZCG understands that every borrower’s needs are different. Unlike traditional banks, we can offer customised mortgage solutions without the restrictions imposed by Reserve Bank LVR rules. This flexibility ensures that you get the best possible terms for your mortgage, whether it’s for a residential property, commercial property, or development finance.

Expertise in New Zealand Market

Our mortgage managers have extensive experience in the New Zealand property market. They can provide valuable insights and advice tailored to the local context. By choosing FNZCG, you benefit from our deep understanding of the New Zealand real estate landscape, which can help you make informed decisions about your mortgage.

Quick and Efficient Process

We pride ourselves on our streamlined mortgage application process. With FNZCG, you can expect a quick and efficient turnaround time, ensuring that you secure your financing when you need it most. Our team is dedicated to providing exceptional customer service and support throughout the entire process.

Types of Mortgages Offered by FNZCG

Home Mortgages

Buying a home is one of the most significant financial decisions you will make. FNZCG offers competitive home mortgage rates and terms designed to make homeownership more accessible. Whether you’re a first-time homebuyer or looking to refinance your existing mortgage, we can help you find the right solution.

Commercial Property Mortgages

Investing in commercial property can be a lucrative venture. FNZCG provides commercial property mortgages with terms that are tailored to meet the unique needs of business owners and investors. Our flexible financing options can help you acquire, develop, or refinance commercial properties with ease.

Development Finance

For property developers, securing financing can be a complex process. FNZCG offers development finance solutions designed to support your project from start to finish. Our team has extensive experience in funding various types of developments, including residential subdivisions, apartment complexes, and commercial buildings.

Benefits of Choosing FNZCG

No Reserve Bank LVR Restrictions

One of the key advantages of working with FNZCG is our ability to offer mortgages without the limitations imposed by Reserve Bank LVR rules. This means we can provide higher loan amounts relative to the value of the property, giving you greater borrowing power.

Personalised Service

At FNZCG, we believe in providing personalised service to each of our clients. Our mortgage managers take the time to understand your unique needs and financial situation, ensuring that you receive a mortgage solution that is tailored specifically to you.

Competitive Rates

We offer competitive interest rates on all our mortgage products. By choosing FNZCG, you can be confident that you are getting a great deal on your mortgage, helping you save money over the life of your loan.

How to Apply for a First Mortgage with FNZCG

Step 1: Initial Consultation

The first step in securing a first mortgage with FNZCG is to schedule an initial consultation with one of our mortgage managers. During this meeting, we will discuss your financial goals and assess your eligibility for a mortgage. 

Step 2: Loan Application

Once we have determined that you meet our lending criteria, we will guide you through the loan application process. This involves providing more detailed information about your financial situation, including income, expenses, and assets.

Step 3: Property Appraisal

As part of the application process, we will arrange for an independent appraisal of the property you wish to purchase or refinance. This appraisal helps us determine the value of the property and ensures that it meets our lending standards.

Step 4: Loan Approval

After reviewing your application and the property appraisal, we will make a decision on your loan approval. If approved, we will provide you with a formal loan offer outlining the terms and conditions of your mortgage.

Step 5: Settlement

Once you accept the loan offer, we will proceed with the settlement process. This involves finalising all legal and financial arrangements to transfer the funds and secure your mortgage.

Talk to an FNZCG Mortgage Manager Today

Whether you’re looking for a simple home mortgage, a commercial property mortgage, or development finance, FNZCG is here to help. Our experienced mortgage managers are ready to discuss your requirements and provide you with a mortgage solution that meets your needs.

Contact us today to schedule a consultation and take the first step towards securing your first mortgage with FNZCG.

What is Bridging Finance?

Bridging finance, often referred to as a bridge loan, is a short-term loan that helps bridge the gap between two financial transactions. Typically, these loans are used for property-related transactions. For example, if you’re looking to purchase a new home but haven’t sold your existing property yet, a bridging loan can provide the funds needed for the new purchase.

Key Features of Bridging Finance

1. Short-Term Duration: Bridging loans are typically short-term, ranging from a few weeks to a year.
2. Higher Interest Rates: Due to their short-term nature and higher risk, bridging loans often come with higher interest rates compared to traditional mortgages.
3. Security: These loans are usually secured against the property being sold or purchased.
4. Flexible Repayment Options: Repayment terms can be flexible and tailored to your financial situation.

Benefits of Bridging Finance

Bridging finance offers several advantages that make it an attractive option for those in need of quick funding:

1. Quick Access to Funds

One of the primary benefits of bridging finance is the speed at which funds can be accessed. Traditional mortgage applications can take weeks or even months to process, whereas bridging loans can often be approved and disbursed within days.

2. Flexibility

Bridging loans offer flexibility in terms of usage. They can be used for various purposes, including property purchases, business ventures, or even urgent cash flow needs.

3. No Need to Rush Sale

With a bridging loan, there’s no need to rush the sale of your existing property. You can take your time to get the best possible price without the pressure of having to sell quickly.

4. Competitive Edge

In competitive property markets, having access to quick funds can give you an edge over other buyers. Bridging finance allows you to make offers and close deals faster.

Types of Bridging Loans

There are two main types of bridging loans: closed bridging loans and open bridging loans.

Closed Bridging Loans

Closed bridging loans have a set end date. These are typically used when you have a clear exit strategy, such as a confirmed sale date for your existing property.

Open Bridging Loans

Open bridging loans do not have a fixed end date and are more flexible. These are suitable when you don’t have a definite timeline for selling your existing property.

How First NZ Capital Group Can Help

First NZ Capital Group offers tailored bridging finance solutions to meet your specific needs. Here’s how we can assist you:

1. Expert Advice

Our team of experts will assess your financial situation and provide personalised advice on the best bridging finance options available.

2. Quick Approval Process

We understand the urgency often associated with bridging finance. Our streamlined application process ensures that you receive quick approval and access to funds when you need them most.

3. Competitive Rates

We offer competitive interest rates on our bridging loans, ensuring that you get the best possible deal.

4. Flexible Terms

Our bridging loans come with flexible repayment terms, allowing you to choose a plan that fits your financial situation.

Application Process

Applying for a bridging loan with First NZ Capital Group is straightforward:

1. Fill in the Online Form: Start by filling out our simple online application form.
2. Leave the Technical Stuff to Us: Our team will handle all the technical details, allowing you to focus on your goals.
3. Receive and Sign the Contract: Once approved, you’ll receive the contract for review and signature.
4. Access Your Funds: After signing, you’ll have quick access to your funds.

Case Studies

Case Study 1: Residential Property Purchase

John and Mary were looking to purchase their dream home but hadn’t sold their current property yet. They approached First NZ Capital Group for a bridging loan. With quick approval and access to funds, they were able to secure their new home without rushing the sale of their existing property.

Case Study 2: Business Expansion

A local business owner needed funds to purchase new equipment for an expansion project. Traditional financing options were too slow, so they opted for a bridging loan from First NZ Capital Group. The quick access to funds allowed them to complete their project on time and within budget.

Quick overview

Bridging finance mortgages provide an essential solution for those in need of short-term funding during financial transitions. Whether you’re purchasing a new property or need immediate funds for a business project, First NZ Capital Group offers tailored solutions to meet your needs. With quick access to funds, competitive rates, and flexible terms, our bridging finance options can help you achieve your goals without unnecessary delays.

For more information about our bridging finance solutions, visit First NZ Capital Group today. Let us help you turn your financial aspirations into reality.