Residential First-Mortgage Finance, Built Around The Deal.
Specialist non-bank lending across New Zealand — secured by residential property, structured for investors and business borrowers, and delivered through your adviser. When the banks can’t see the deal, we can.
THE APPROACH
Property-first
The security is the starting point. If the property is right, we look for a way to make the deal work, rather than starting with a borrower checklist
Repaid Logically
Every loan is framed around what repays it, the rent, the income, or the exit, not around how many documents a borrower can produce.
THE PRODUCTS
Standard Mortgage
A straightforward, full term residential mortgage. For borrowers wanting a standard long term loan, assessed whichever way fits: full doc, alt doc, or a clean refinance track record.
Yield+
When rent and income together stack up. Rent and the borrower's income weighed together, opening higher leverage. Multiple pathways accepted to evidence the income shortfall, including alt doc.
Short Term/ Residual
We lend against the proposed exit, not income. Bridge a sale or refinance, or hold unsold stock while it sells. 6-12 month term, extendable to a 24-month maximum. No income servicing test.
WHO WE LEND TO
Self-employed, irregular income
Earnings are real but don't fit a payslip. We evidence them through alt doc or a clean refinance record.
Asset-rich, cashflow-poor
Strong equity but modest income on paper. With Yield or Yield+, the property's rent does the work.
Borrowing for business
Funding a business purpose, secured against residential property - Tax, Growth, Acquisition or a simple equity release for investment.
Property traders
Short-term finance to buy, reposition and sell, repaid from the proposed exit.
Builders & developers
Funding held against completed, unsold residual units while they sell down.
Bridging
Often borrowers just need a 6-12 month term to bridge a gap. We'll lend on a logical proposed exit without requiring a guaranteed presale - essentially an "Open-Bridge" where we can see it's viable.
Property investors
We back investors short and long term, regardless of inome - from no doc (Yield) to alt doc, full doc, fast refi and bridging.
Not yet - but coming
We don't currently offer construction lending or CCCFA (consumer) lending. Both are on the roadmap.
HOW IT WORKS
01 - Enquiry
Your adviser submits a lending scenario. We review the details and respond with a clear indication of terms within 24 hours.
02 - Assessment
Full application review and property valuation. Transparent credit assessment with open communication throughout.
03 - Approval
Formal loan offer issued with clear terms. Legal documentation prepared and reviewed. No hidden conditions or surprises.
04 - Settlement
Funds disbursed on the agreed date. Coordinated with solicitors and all parties. Ongoing support post-settlement.
WHY MADOX
Experienced Team
Backed by decades of lending and credit expertise across New Zealand's residential property market.
Relationship-Driven
We take the time to understand each borrower's situation, working closely with advisers to structure the right solution.
Considered Approach
Thoughtful, responsible lending with clear communication at every step. No surprises, no unnecessary complexity.
