Borrow from Midlands.

Big Bank said no? Thank goodness we’re not one of those.

At Midlands, we believe every New Zealanders deserves the opportunity to change their financial future and grow their long-term wealth by investing in property. We applaud and celebrate the hard workers, the get up and goers, the doers, believers and the self-starters by providing non-bank property lending solutions that make good financial sense for all parties.

We’re Fast, Flexible & Solutions Driven

If you want to invest in property AND have smashed avocado on toast for breakfast, you’ve come to the right place.

Midlands is a specialist non-bank mortgage lender. We offer term loans for residential, rural or commercial property and have lent to hundreds of New Zealand borrowers since our inception. We’re like a bank, without all the big bankie stuff.
That’s right, we’re fast, nimble, solutions oriented and big fans of smashed avocado on toast. Our specialist lending experts are flexible, pragmatic and practical lateral thinkers. They’ll take the time to understand your unique circumstances and, assuming it makes sense for all parties, create a tailored lending solution that suits.

Why Midlands makes sense

Fast

We can approve most loans in under 24 hours and provide funds within 48 hours of conditions precedent being met.

Solutions Focused

We take the time to understand each lending opportunity and find flexible solutions other lenders can miss.

Common Sense

We pride ourselves on being pragmatic & practical. Using common sense and sound judgement to make smart lending decisions.

Tailored

Every property project is different. We offer clever, bespoke lending solutions for your unique circumstances.

Experienced

We’ve got a team of highly experienced, solutions driven experts with over 110 years of banking and lending experience.

Human

At Midlands we provide real lending solutions for real people. We’re run by humans, not algorithms and AI Bots.

We’re here to make things happen

Residential Loans

We can help you purchase a residential investment property or land.

Bridging Finance

We can assist clients to fund a new residential or commercial property purchase whilst looking to sell down an existing property asset.

Equity Release

We can help clients utilise the equity in existing residential or commercial properties to fund further opportunities.

Why do borrowers come to Midlands?

They don’t quite fit bank lending criteria.

Banks tend to have a very rigid, very long list of lending criteria a lender must meet, otherwise the ‘computer says no’ and the loan will likely be declined. Furthermore, banks’ machine driven approval process tends to take the common sense out of the decision making process. Some of the most common reasons lenders are declined include being a new business owner, being self-employed with no PAYE income, the borrower’s age or having assets but no cash flow over a short period of time. Unlike Midlands, banks are also not normally fans of customers wanting bridging finance or wanting to release equity value in their current property for investment purposes.

They need things done quickly

Banks are big, bureaucratic and can be really slow. Sometimes borrowers have opportunities that need to be executed quickly and big banks are just not going to be able to deliver to the borrower’s timeframes.
We love these opportunities as we can normally turn loan approvals around in 24 hour from receiving all relevant information. We can also normally provide funds within 48 hours of conditions precedent being met, giving you fast access to the funds you need.

Bank processes are too cumbersome

The size and complexity of big banks has led to complicated policies, cumbersome processes and lots of confusion. In particular, the banks’ processes and multilayered approval requirements doesn’t cope well with if your loan proposal is slightly outside of the norm. This means your loan application can get lost in the machine even though the proposal is sound and the customer is creditworthy. Mortgage brokers and their clients find this challenging and frustrating to navigate and will therefore often seek finance from a non-bank lender like Midlands.

Why borrow from us?

1

Competitive Interest Rates

2

Flexible Terms that Work

3

Fair Fees,
Every Time

4

Interest Only Options

5

Capitalised Interest Options

HERE’S HOW IT WORKS

At Midlands, we have a more pragmatic and lateral approach to assessing loan proposals. Our lending principles have been refined over 20 years and we have over 110 years of banking, lending & finance experience in house. We use our specialist knowledge and practical judgement to identify sound lending opportunities that the banks have missed. We ask questions like: Does this make sense? Is this in the best interest of the borrower? Is there a clear ‘exit’? How much security do we have?
Is the proposal achievable in the timeframe advised?