Yes, credit history is not relevant to our funding, however in some cases we may require any court judgments to be repaid from the loan proceeds.
After completing our online application we will need a copy of your ID and a rates notice.
All you need is sufficient equity in real estate and require the funds for business use.
Click on any of the apply now buttons on our website, or https://homesec.co.nz/apply-now/
Not at all, credit history is not relevant to our lending policies and guidelines.
First mortgage security means that Homesec Business Finance Limited will have the first ranking interest in the property you offer as security.
Our minimum loan amount is $20,000, the maximum loan amount is determined by the available equity in your real estate asset.
Any business owner with a registered NZBN can apply for a second mortgage. The purpose of the funds must be for business use and you need sufficient equity in real estate assets to qualify.
Loan terms range from 1 month to 12 months. Interest and fees can be capitalised or you can select a 12 month interest only option.
No, we can provide a second mortgage behind any bank lender.