The Common Mortgages Option™ is a pooled fund.  This fund can only invest your money into certain cash based assets or into mortgages that meet the following criteria:

  1. The Primary Security is located in Australia and is secured by a mortgage registered on the Title to that property;
  2. Loan to Value Ratio is less than or equal to 80% of Primary Security value;
  3. Second registered mortgages on the Primary Security may make up no more than 20% of the total assets of the Option.  All other mortgage investments shall be secured by first mortgages over the Primary Security.
  4. Development and Construction loans may make up no more than 20% of the total assets of the Option.

One of the significant benefits of the Common Mortgages Option™ is that you are spreading your investment over a number of mortgages rather than investing in a particular single mortgage (as with the Select Mortgages Option™).

To invest in the Common Mortgages Option™, you must obtain a copy of the Product Disclosure Statement (in the Download Centre), complete the Application Form and forward it to our office indicating you want to invest in the Common Mortgages Option™.  Upon receiving your funds, we can then place the investment.