Residential Lending

RESIDENTIAL FIRST MORTGAGES

Our first mortgage residential lending tends to be shorter terms of between six and twelve months to meet a whole range of requirements:

  • Property purchase
  • Bridging finance
  • Working capital release for a business or project
  • Debt consolidation
  • Bank rescue
  • Irregular income or no financials
  • Impaired credit history
  • Offshore resident

Interest can be capitalised, part-capitalised, or paid monthly. For each facility we meet the beneficial borrower and inspect the property prior to any drawdown on the loan facility.

Indicative lending terms are:

Facility up to $3.0m
Term up to 24 months
Interest Rates from 7.50% p.a. to 9.95% p.a
LVR up to 75%
Finance Fee 1.00% to 2.00% (excludes brokerage commission)

General Terms and Conditions

Residential Lending

Residential Lending

Residential Lending

Residential Lending

To discuss your requirements further contact:

Bruce
McGhie

Bruce McGhie

Phone +64 (9) 918 5839
Mobile 021 912 006
bmcghie@cressida.co.nz

Nigel
Staples

Nigel Staples

Phone +64 (9) 918 5842
Mobile 021 687 848
nstaples@cressida.co.nz

Marty
Shepherd

Marty Shepherd

Phone +64 (9) 918 5851
Mobile 021 715 200
mshepherd@cressida.co.nz