Short-term secured non-bank lender focused on fast bridging-style business funding. Loans up to $500K across 1 to 12-month terms, secured against NZ property. Where HomeSec fits on a shortlist, indicative pricing, and what the application looks like.
Indicative repayment
Weekly
$8,101/week
Indicative only. Not a quote or offer of credit. Actual rates, fees, and repayments depend on the business profile and the lender's decision.
Sending to Prospa
6 months at 18.00%. Prospa will ask a few quick questions, then provide a firm quote and funding if eligible.
Redirecting…
Indicative only. Why we say this
Quick answer
Lender overview
HomeSec operates as a NZ-active short-term secured business lender registered on the Financial Service Providers Register under the Financial Service Providers Act 2008. The company is not a registered bank, not a non-bank deposit taker under the Non-Bank Deposit Takers Act 2013, and does not take deposits. Funding is private and wholesale; lending is exclusively secured against NZ property.
The product set is narrow on purpose. A HomeSec loan is a short-term, property-secured business facility up to $500,000 with a term between 1 and 12 months. There is no working-capital revolving facility, no equipment finance product, and no unsecured offering. Credit decisions weight security strength and exit strategy more heavily than the borrower's credit score or full main-bank-style serviceability test.
HomeSec sits at the bridging end of the NZ non-bank market, alongside specialist short-term lenders like Bridgeit. The product is widely used by NZ businesses and property investors who need time-critical funding inside a window that a main bank or first-mortgage trust like First Mortgage Trust cannot meet. Pricing reflects the short term and the risk profile, sitting well above main-bank and first-mortgage rates.
Loan size
Up to $500K
Term
1 to 12 months
Specialty
Short-term bridging
Type
Non-bank secured lender
Product range
A single core product, structured to suit different bridging cases. Every loan is property-secured and short-dated.
The flagship product: a property-secured business loan up to $500,000 across 1 to 12 months. Used for time-critical funding where the exit is a refinance, a sale, or a known incoming receipt.
Used where a property sale is contracted but the settlement date does not align with an upcoming purchase or business obligation. The loan is repaid from the incoming sale proceeds; exit is documented up front.
Short-term funding to clear an immediate tax bill, large supplier payment, or other dated obligation while a main-bank refinance or known receivable comes through. Borrowers commonly use HomeSec where a use-of-money interest position with IRD is escalating faster than a bank can settle.
A bridging facility where a main-bank or first-mortgage approval is in train but settlement timing does not match the borrower's deadline. Typically held for the shortest period necessary, with the incoming bank or trust facility taking out HomeSec on settlement.
Indicative pricing
HomeSec publishes indicative pricing rather than a single advertised rate. Pricing reflects the short term, the security position, the loan-to-value ratio, and the strength of the documented exit. The bands below are observed indicative ranges in the NZ short-term secured market, not guaranteed pricing.
| Scenario | Indicative rate band | Common term | Establishment fee |
|---|---|---|---|
| First-mortgage bridging (low LVR) | 12% to 16% p.a. indicative | 1 to 6 months | Indicative 1% to 2.5% |
| Second-mortgage bridging | 15% to 20% p.a. indicative | 1 to 12 months | Indicative 2% to 4% |
| Higher-LVR or harder-profile | 18% to 24%+ p.a. indicative | 3 to 12 months | Indicative 3% to 5% |
| IRD or creditor obligation | 15% to 22% p.a. indicative | 3 to 12 months | Indicative 2% to 4% |
| Refinance bridge to bank | 12% to 18% p.a. indicative | 1 to 4 months | Indicative 1% to 3% |
Indicative bands only. Actual rate, fees, and settings are determined by HomeSec after assessment of the security and exit. Band ranges drawn from observed NZ short-term secured market positioning, May 2026.
How it works
HomeSec is built around a fast, security-led process. The path differs from a main-bank or first-mortgage trust: less serviceability modelling, more focus on security strength and a documented exit.
01
Day 1 to 2
A borrower contacts HomeSec directly or through a NZ commercial finance broker. The initial enquiry covers the loan amount, the property security, the loan purpose, and the exit. An indicative offer is commonly issued within 1 to 2 business days subject to security verification.
Documents commonly required
02
Day 2 to 5
HomeSec verifies the security via NZ property records and (where required) an independent registered valuation. The formal offer specifies amount, indicative rate, fees, term, security position (first or second mortgage, caveat), exit, and any conditions. Personal guarantees from directors are standard on entity borrowers.
Documents commonly required
03
Day 4 to 10
Loan documentation moves through the borrower's solicitor against HomeSec's panel. AML/CFT verification under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 is completed; the security is registered on the title under the Land Transfer Act 2017 (mortgage) or as a caveat where the structure suits.
Documents commonly required
04
Day 7 to 14
On registration, funds are advanced through the solicitor. The loan moves into a short-dated administration cycle with interest typically capitalised or paid monthly. Exit is by sale, refinance, or known receipt as documented up front; a deed of release runs through the solicitor on repayment.
HomeSec settlement timing is commonly inside 1 to 2 weeks for a clean transaction, faster than a main-bank or first-mortgage trust path. The trade-off is bridging-rate pricing and a short-dated structure: the product is widely chosen for time-critical funding, not as long-term debt.
Worked scenarios
Anonymised scenarios illustrating where HomeSec tends to be the right shortlist pick across two different short-term funding profiles. Indicative figures only.
Trade services, time-critical
A West Auckland building company, $1.4M annual turnover, facing an overdue provisional tax bill of $180,000 with use-of-money interest accruing. A main-bank refinance against a partner's residential investment property is in progress but is 8 weeks from settlement.
HomeSec second-mortgage bridge of $200,000 over the property, 6-month term, indicative 18% p.a. with a 3% establishment fee. Funds clear the IRD position; exit on the incoming bank refinance settling, with HomeSec released on the same day. Director's personal guarantee in place.
Indicative figures
Residential investor
A Christchurch-based residential investor with a contracted sale of one rental property at $720,000, settlement in 11 weeks, but a contracted purchase of a replacement property at $850,000 settling in 5 weeks. The deposit and settlement gap needs $300,000 bridged for around 6 weeks.
HomeSec first-mortgage bridge of $300,000 over a debt-free third investment property, 3-month term, indicative 14% p.a. with a 2% establishment fee. Cleared in full from the incoming sale proceeds at week 11, with the security released through the solicitor.
Indicative figures
Compared to alternatives
HomeSec sits at the short-term, security-led end of the NZ non-bank market. The matrix below shows the practical trade-offs against a main bank and a longer-dated first-mortgage trust.
| Feature | HomeSec | Main bank business overdraft / facility | First-mortgage trust (e.g. FMT) |
|---|---|---|---|
| Indicative rate | 12% to 24%+ p.a. | 8% to 14% p.a. | 8% to 11% p.a. |
| Term profile | 1 to 12 months | Revolving or 1 to 5 years | 1 to 5 years |
| Security | NZ property (registered mortgage or caveat) | GSA, PG, sometimes property | Registered first mortgage |
| Decision driver | Security strength + exit | Serviceability + relationship | Property + serviceability + LVR |
| Settlement speed | 1 to 2 weeks typical | 2 to 6 weeks typical | 4 to 6 weeks typical |
| Loan size | Up to $500K | $10K to multi-million | $200K to $30M+ |
| Best fit | Time-critical bridging | Ongoing facility, established borrower | Bank-adjacent commercial property |
Where it fits
Industry appetite
HomeSec's appetite is security-led rather than industry-led: the property and the exit drive the credit decision more than the borrower's industry. The categories below reflect observable patterns in NZ short-term secured lending, not formal underwriting criteria.
A common HomeSec borrower segment: NZ trade businesses with director-owned property, facing time-critical IRD bills, deposit gaps, or supplier payments while a main-bank refinance is in train.
Funded where the security is a director-owned residential or commercial property and the exit is a known receipt or refinance. Stock builds and short-cycle obligations are typical use cases.
Sale-to-purchase bridging across residential and small commercial portfolios is a recurring HomeSec scenario, particularly where main-bank settlement timing is misaligned with a contracted purchase.
Owner-occupier SMEs bridging a property purchase or settlement timing gap; the longer-dated facility commonly refinances to a first-mortgage trust or a main bank inside 6 to 12 months.
Funded case-by-case where the security is property and the exit is documented; ongoing trading funding is more commonly suited to specialist hospo-aware lenders.
Considered where a director's property supports the bridge and the exit is clear; ongoing fleet funding is typically a better fit for an asset-finance specialist.
Editorial-only disclosure
Businessloans.org.nz is not affiliated with HomeSec, has no commercial relationship with HomeSec as at the last reviewed date, and earns no referral revenue from links to HomeSec's website. The lender shortlist for our calculator referral path is Prospa (disclosed at /partner/). All other lender pages including this one are independent editorial coverage. Indicative content only. Final rates, fees, and approval decisions are made by HomeSec after assessment.
References
Lender homepage and primary product disclosure reference.
FSPA 2008 registration verification on the public register.
Statutory framework for registered mortgage and caveat security.
Mortgagee remedies and notice framework on default.
Reference for the IRD interest position that drives some bridging-loan use cases.
AML/CFT verification framework applied to NZ non-bank lenders.
FAQ
HomeSec is a NZ-active short-term secured business lender registered on the Financial Service Providers Register. The product is a property-secured business loan up to $500,000 across 1 to 12-month terms. Credit decisions weight security strength and a documented exit (sale, refinance, or known receipt) more heavily than credit score or detailed serviceability modelling. The product sits at the bridging end of the NZ non-bank market.
HomeSec loans run up to $500,000, with a typical floor around $30,000 to $50,000. The actual loan size is driven by the strength of the property security, the loan-to-value position relative to any prior-ranking mortgage, and the documented exit. The product is not designed for multi-million-dollar lending; larger amounts typically suit a first-mortgage trust like First Mortgage Trust or a main-bank facility.
HomeSec publishes indicative pricing rather than a single advertised rate. First-mortgage bridging at conservative LVR commonly prices in the 12% to 16% indicative band; second-mortgage bridging around 15% to 20%; higher-LVR or harder-profile cases 18% to 24%-plus. An establishment fee of indicatively 1% to 5% commonly applies on top. Pricing reflects the short term and bridging risk profile and is set after HomeSec assessment.
HomeSec settlement is commonly inside 1 to 2 weeks for a clean transaction, materially faster than the 4 to 6 weeks typical of a main-bank or first-mortgage trust path. The product is built for time-critical funding. Speed depends on solicitor availability for documentation, AML/CFT verification under the AML/CFT Act 2009, and registration of the security on the title under the Land Transfer Act 2017.
No. HomeSec is not a Reserve Bank-supervised registered bank and not a non-bank deposit taker under the Non-Bank Deposit Takers Act 2013. It is registered on the Financial Service Providers Register under the Financial Service Providers Act 2008 and operates as a private secured lender. The borrower-side experience is closer to a private-credit relationship; HomeSec does not take deposits and is not part of the prudentially-regulated banking sector.
Standard requirements include the loan amount and purpose, the property address and indicative valuation, a stated exit, the borrowing entity documents and director ID, AML/CFT verification under the AML/CFT Act 2009, insurance documentation over the security property, and solicitor instructions. Detailed serviceability modelling and full financials are commonly less central than they would be for a main-bank application; the security and the exit drive the credit decision.
HomeSec lends against NZ residential, commercial, and (case-by-case) lifestyle property. The security can be a registered first or second mortgage under the Land Transfer Act 2017, or in some short-dated structures a caveat. The borrower does not need to live in the property; director-owned investment property, owner-occupied homes, and small commercial freehold are all common security types subject to LVR and exit assessment.
A main bank typically prices well below HomeSec on a longer-term facility, but the application path runs 4 to 8 weeks and weights serviceability heavily. First Mortgage Trust prices around 8% to 11% on commercial first mortgages over 1 to 5-year terms. HomeSec sits above both on rate and below both on term, focused on time-critical bridging where a 1 to 2-week settlement matters more than a multi-year structure or the lowest possible rate.
On default, HomeSec's primary remedy is the registered security over the property under the Property Law Act 2007 and Land Transfer Act 2017. The lender can issue a Property Law Act notice and, where unremedied, exercise the mortgagee sale process or enforce the caveat structure. Personal guarantees from directors apply on entity borrowers. Working with HomeSec early on a delayed exit is widely preferable for both sides, particularly where the exit is short-dated.
Interest on a NZ business loan funding a business obligation is generally deductible against business income where the borrowed funds are used to derive assessable income, subject to the accountant's confirmation on the specific business position and any interest-limitation rules that apply at the time. Establishment fees and other borrowing costs are commonly amortised under the financial-arrangements rules. The accountant is the right person to confirm the treatment for any individual borrower.
HomeSec is the wrong fit where a longer-term structure is the goal: bridging-rate pricing compounds quickly across 12-plus months relative to a main-bank or first-mortgage trust facility. The product is also a poor fit where the borrower has no NZ property security, where a revolving working-capital line is needed (an overdraft or invoice finance is closer-aligned), or where the exit is uncertain. The product's strength is short-dated, security-led, time-critical funding.
Yes, refinance bridging is a common HomeSec scenario: a borrower with an in-progress main-bank or first-mortgage trust approval needs settlement faster than the bank or trust can deliver. The HomeSec facility is structured to be taken out by the incoming lender on settlement, with the security released through the solicitor on the same day. Term is typically 1 to 4 months and pricing reflects the short, well-defined exit.
Related
Bridging finance
The product family HomeSec sits inside, with NZ market context and indicative pricing.
Read onShort-term business loan
How short-dated facilities like HomeSec compare to other short-term structures.
Read onPay GST or tax
A common HomeSec use case: clearing an IRD position while a longer refinance settles.
Read onFirst Mortgage Trust
A longer-dated NZ first-mortgage alternative, contrasted with HomeSec's short-term structure.
Read onNZ business loan rates 2026
Where HomeSec's indicative bridging rates sit relative to bank and first-mortgage pricing.
Read onDisclaimer
A business loan is a commitment that runs for months or years, and repayments come out of the same operating cash flow as everything else. Before committing, it is worth modelling the weekly and monthly cost against the business's working-capital position, which is what this site is built to help with. Borrowing at a level that stays comfortable through a quiet quarter, not just a strong one, is widely regarded as the safer frame.
What this site is
A calculator and information tool. Not a lender, not a broker, not a registered financial adviser. Nothing here is personalised financial advice.
What the figures show
Modelled estimates based on the inputs you enter. Not a quote. Not an offer of credit. Not a guarantee of approval, rate, or fees.
What the lender decides
Final rates, fees, and approval are set by the lender after a CCCFA-appropriate assessment of the applicant's circumstances and credit decision.
Commercial disclosure
Businessloans.org.nz earns a commission from Prospa when a visitor applies through this site and their application is approved. The commission is paid by Prospa, not by the borrower, and it does not influence the rate Prospa offers. Full disclosure on the partner page.
Tax, GST, and accountant framing
Tax-treatment statements (GST claim timing, interest deductibility, depreciation rates) are general in nature and subject to your accountant's confirmation on the specific business position. For material amounts, professional advice from a registered financial adviser or chartered accountant is widely regarded as the safer frame.
