Select. Invest. Grow.
New Zealand First Mortgage
Secured Term Investments
Select Invest Process
Loan origination
Select Invest originates loan applications through a network of over 600 financial advisors nationwide.
In some cases Select Invest may offer opportunities to invest in an existing loan and security that we purchase from another lender. We'll provide full information on that when we make an offer. For purchased loans, we follow a similar process to that below, with changes to reflect that the loan and security are already in force.
Loan due diligence
Upon receipt of a funding application that meets initial credit criteria Select Invest completes due diligence, risk assessment and credit review.
Loan offer issued
If the loan application meets all relevant criteria and is approved a loan offer is issued. Once the loan offer is accepted Select Invest works with borrowers to ensure all conditions are able to be met.
Loan management & administration
Once a loan settles and funds are disbursed Select Invest proactively manages the loan by working closely with borrowers and monitors adherence to loan terms and conditions.
Select Invest is paid a management fee and other fees for its services.
Investor Process
Do you qualify as a wholesale investor?
Investments are only available to specific categories of Wholesale Investors as defined under the Financial Markets Conduct Act 2013.
Investments are available to the following:
— Those investing $750,000 or more.
— Large investors as defined in the FMCA.
— Select Invest does not offer investment opportunities to retail investors.
Select your investment
Investors are able to select mortgage investments which best suit their risk appetite and investment criteria.
Investors can choose loans where they are comfortable with type and location of the underlying property securities.
Contact Select Invest Limited to discuss available opportunities that suit your investment needs.
Apply to invest
Prior to investment in a specific loan, approved investors will be provided with an information memorandum, investment agreement and application form.
Fund your investment
Approved investors fund some or all of a loan by transferring funds to Select Invest Trustee Limited's ANZ Bank trust account for disbursement on settlement.
Receive interest monthly
Interest is paid monthly to investors' nominated bank account. Interest is based on the target return of each specific investment (net of fees and before tax).
Capitalised investments may be available (i.e. interest is paid in a lump sum at the end of the term).
Investment maturity
When the underlying loan is repaid, investors receive return of capital to their nominated bank account.
Return of capital is subject to early or late loan repayment and capital is at risk. Click here to view a range of risks that may apply to your investment.
