We’re launching into first-mortgage funding

We now provide first-mortgage funding, additional to our existing second-mortgage funding and property funding packages.
We're launching into first-mortgage funding

With 2020 coming to a close, October and November give us all an opportunity to think about where we’d like the new year to take us. 

And it’s in this spirit that we’re pleased to announce where this growth path will be leading us in the next few months. We now provide first-mortgage funding, additional to our existing second-mortgage funding and property funding packages

This welcome addition is consistent with our commitment to providing ‘lending with a purpose’, sharing risk and success with our clients. You will find more details about this opportunity below, and our team will also be happy to talk you through it in the next few weeks. 

Coming Soon: First-Mortgage Finance

Over the past few months, we have been exploring new ways to expand our services and how we can assist clients with their business lending needs.

After careful consideration, we identified an opportunity for Merx to assist our clients with their first-mortgage funding requirements, with interest rates starting from 7.9 per cent. 

Supported by a network of lenders who will invest alongside Merx, our new investor partnerships will help us bring Merx solutions to a broader market. We can now fund larger amounts, backed by the first-mortgage security, and provide full refinance solutions. Depending on their requirements, our clients will be able to benefit from having one finance partner – a cleaner, easier solution that property developers, in particular, will find effective. 

The definition of our client profile hasn’t changed: We are still focused on helping good entrepreneurs, property investors and developers take their projects to the finish line. And importantly, we’ll continue to apply our Merx difference – purpose-fit funding – meeting the finance needs of clients where traditional lenders fall short.

Let us know if you would like to find out more about our first-mortgage finance solutions, or have a client who could benefit from a consultation with a Merx lending specialist.

Give us a call on 09 215 9364 or email us at fundgrowth@merx.co.nz if you’d like to set up a time to talk.

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Contact Merx and see how we can help you on your way.