First Mortgage Trust
Mortgage trusts are one of the oldest examples of a collective investment vehicle. A mortgage trust ‘pools’ the money of investors then selects investments (which are funded out of the pool) in accordance with a Trust Deed. The attraction of a mortgage trust is that it allows investors to do collectively what they otherwise generally cannot do individually, either because of lack of time, expertise, sufficient capital, or any combination of these factors.
First Mortgage Trust lends on commercial, residential and farming properties.
First Mortgage Trust is a group investment fund that provides investors relatively competitive rates with first ranking mortgage backed security, and offers borrowers smart finance options for land and buildings.
First Mortgage Trust achieves consistent ‘better than the trading bank’ returns and provides regular interest income, excellent service, relatively solid security and no fixed terms to its investors.