About Us
First Mortgage Trust was established in early 1996. The primary purpose of the Trust was to establish a vehicle by which investors could deposit money for an interest return greater than one year trading bank term deposit rates, whilst enjoying the security offered by investments in first mortgages.
First Mortgage Trust has built a niche market focused on its ability to remain flexible within its lending criteria. As a result of this flexibility, first mortgage loan advances have been made across a range of residential, commercial and rural properties, and across a wide range of business activities.
First Mortgage Trust is managed by New Zealanders for New Zealanders.
First Mortgage Trust has a proven history in providing returns to investors that have been above those offered by trading banks on a one year deposit. We lend only on first registered mortgages on residential, commercial and rural land and buildings.
Our relatively conservative loan to valuation ratios ensure that risk to the investor is minimised as far as practicable. We have exposure throughout New Zealand which gives us a good geographical spread, helping to level out any local economic factors thus ensuring a cross section of property types.
Operating out of offices in Tauranga we utilise a wide range of contacts including solicitors, accountants, financial advisors and mortgage brokers throughout New Zealand. We are able to respond quickly and personally to any comments or queries people may have and, during normal working hours, we have real people answering the telephone.
We are governed by a Trust Deed dated 20 February 2001, a Deed of Amendment to the Trust Deed dated 13 August 2003 and our current Prospectus and Investment Statement. You should read all documents carefully, ask questions and seek appropriate advice before committing yourself.
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15 First Avenue
PO Box 13083
Tauranga
New Zealand Ph. 07 578 0754 or 0800 321 113