Bare Land Finance

We provide first mortgage finance to clients wishing to borrow against residential or commercial bare land (blocks or sections) on the following terms,

For Blocks
Minimum Loan $150,000
Maximum Loan $2,500,000
Maximum LVR 60%
Maximum Term 12 months
Interest Rate 11%-13%
Fees 2% plus Brokerage

For Sections
Minimum Loan $150,000
Maximum Loan $2,500,000
Maximum LVR 70%
Maximum Term 12 months
Interest Rate 11%-13%
Fees 2% plus Brokerage

Please download the NZMBA application form to apply for an ASAP loan. You can send us the completed application form by email or fax.