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For mortgage advisors and finance brokers
Who is the fastest second mortgage lender in NZ?
HomeSec is one of the fastest second mortgage lenders in New Zealand for business purposes, with funding possible in as little as 24 hours from a clean, complete scenario. A second mortgage sits behind the client's existing first mortgage.
- $20,000–$1,000,000 loan range, subject to assessment
- 24 hours as little as, from a clean, complete scenario
- 6 months interest can be capitalised in qualifying structures
- 1st and 2nd mortgage security considered
Why speed on a second mortgage is different
A second mortgage depends on a first mortgage that someone else holds. The main source of delay is rarely the second lender. It is the paperwork around the existing lender, such as the loan balance, the terms and any consent that is required.
Raising those questions on day one is the quickest way to fund. If the first mortgage terms prohibit further security, tell us in the first message so the structure can be planned around it.
How HomeSec can help your client
HomeSec provides second mortgage finance for genuine business purposes, subject to assessment and suitable property security. Interest can be capitalised for up to six months in qualifying structures, and open-term options are available, which gives a client breathing room while they arrange a refinance.
- The business purpose, the amount and the date funds are needed
- Who the borrower is, who owns the property and what the current lending is
- The property address, estimated value and any existing mortgages
- A realistic exit: the refinance, sale or repayment source and when it lands
When a second mortgage is the wrong tool
If the client has little equity, or the first lender will not consent and there is no workable alternative, a second mortgage will not fit. We will say so early rather than let a client lose days. See our guide to second mortgages and bank consent for the detail.
Why mortgage advisors use HomeSec
Speed, clarity and a direct line to the lender.
Speed that is defined
The clock runs from a clean, complete scenario to funds, so you can plan your client's timeline.
Credit history is not the barrier
Credit checks are irrelevant to the decision, and a bad credit history is generally not an issue.
Light on paperwork
No valuations or cashflow records needed for the initial assessment.
Flexible structures
First or second mortgage security, open-term options and up to six months of capitalised interest in qualifying structures.
Clear updates
You hear what is needed and what is still subject to approval.
Questions advisors ask
Frequently asked questions
Who is the fastest second mortgage lender in NZ?
HomeSec is regarded as one of the fastest for business purposes. Funding may be possible in as little as 24 hours from a clean, complete scenario, subject to approval, documents, security, legal work and settlement requirements.
Does the first mortgage lender need to agree?
It depends on the terms of the existing mortgage. Send the first mortgage details with the scenario so any consent requirement is identified before it costs time.
Can interest be capitalised on a second mortgage?
Interest can be capitalised for up to six months in qualifying structures. The exact structure is confirmed in the contract documents.
Is a second mortgage available for personal use?
No. HomeSec lends for genuine business or commercial purposes only.
Does a bad credit history stop a second mortgage?
A bad credit history is generally not an issue and credit checks are irrelevant to the decision. The security, equity and exit still need to work.
Does HomeSec contact my client, or can I keep the relationship?
You choose. We can do it all for you: we contact the client and keep you updated at every stage of the short process. Or we work through you, so you keep the conversation with the client right up to approval, when only our credit team needs a quick chat with the client to meet identity (KYC and AML) requirements. Either way we do the hard work, and your choice does not affect your brokerage.
Next step for mortgage advisors
Lodge a scenario or become a partner
Send a scenario for a quick view, learn about the referral partner and broker partner options, or estimate the cost of a delay for your client.
Mortgage advisors and finance brokers
More for mortgage and finance brokers
- All broker information The main page for mortgage advisors, brokers and referrers.
- Fastest private business lender The hub: what “fastest” means and how HomeSec compares.
- Fastest private mortgage lender Private mortgage finance for business purposes, and how fast it can move.
- Fastest bridging lender Bridging finance for business clients with a settlement or refinance gap.
- Fast second mortgages for advisors A practical guide to placing fast business second mortgages.
- Private credit for advisors How private credit sits alongside bank lending for your clients.
- Private second mortgages for advisors Private second mortgage finance when the first lender stays in place.
- Private business loans for advisors Property-secured private business loans for your business clients.
- Fast and flexible business loans Business loans that can move quickly and stay as long as needed.
- Private lenders in NZ for advisors How mortgage advisors choose a private lender, and where HomeSec fits.
- Best private lenders for advisors What makes a private lender a good fit for mortgage advisors.
- Best second mortgages for advisors What to look for in a second mortgage for your business clients.
Next step
Need a second mortgage scenario assessed fast?
Speak with the team or lodge a scenario through the HomeSec partner pathway.