First Mortgage Trust (FMT) 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. Click here to see application forms & Product Disclosure Statement.
First Mortgage Trust is based in the Bay of Plenty and is located at 15 First Avenue, Tauranga. They have plenty of customer parking available on site. Telephone: 07 578 0754 Freephone: 0800 321 113 Fax: 07 578 3597. If contacting them directly please mention you heard about them here.
First Mortgage Trust is one of the very few New Zealand based mortgage trusts that was successfully managed through the financial crisis that began in 2007. The trustees, and the manager can be justifiably proud of the fact that, apart for a short period during 2008, the trust has remained open to investors to withdraw should they desire and continued to generate good returns. The value of the trusts units has never fallen below a dollar, and no investor in the trust has ever lost any money. To read more about First Mortgage Trust visit their website www.firstmortgagetrust.co.nz.