When a bank declines your home loan, it’s not the end of the road. That’s where non-bank lenders step in.
They don’t take customer deposits like traditional banks, but they offer home loans, refinances, and investment lending, often with more flexibility around income, credit history, or unique situations.
✅ Great for: Self-employed borrowers, new job starters, or those who don’t fit the “bank box.”
⚡ Bonus: Faster turnaround times for bridging loans or urgent settlements.
Here are some top non-bank lenders in NZ and what they’re offering:
1️⃣ Avanti Finance
Flexible & fast approvals.
💰 From 6.49% p.a. | Great for quick “yes” lending.
2️⃣ Pepper Money
Ideal for self-employed or minor credit issues.
💰 From 5.79% p.a. fixed | Alt-doc & near-prime options.
3️⃣ Liberty Financial
Creative lending for complex income.
💰 Around 5.90% p.a. floating | Up to 70% LVR.
4️⃣ FMT (First Mortgage Trust)
Residential & commercial specialists.
💰 From 7.99% p.a. | Great for investors & developers.
5️⃣ Basecorp Finance
NZ-owned, fast, flexible funding.
💰 6.45%–7.25% p.a. | Ideal for bridging or commercial.
6️⃣ Prospa
Online business loans, quick decisions.
💰 $5K–$500K | Approval in as little as 1 hour.
7️⃣ Bizcap
Fast funding for established SMEs.
💰 Up to $2M | Settled in as little as 3 hours.
💡 Is a Non-Bank Right for You?
If you’ve been declined, are self-employed, or need flexible lending, this could be your best move.
☕ Let’s Chat Over Coffee
Curious about your options? Let’s talk about how non-bank lenders can help you achieve your short-term financial goals or homeownership goals.
