Current Distribution Rates
| Investment Amount | Distribution Rate |
| $5,000 – $99,000 | 7.00% |
| $100,000 – $249,000 | 7.25% |
| $250,000 – $499,000 | 7.50% |
| $500,000 + | 7.75% |
The minimum investment amount is $5,000 and additional investments can be made in increments of $5,000 or more. Other amounts accepted at our discretion.
For information about investing in the First Mortgage Investment Scheme, please download and read our Product Disclosure Statement.
Please refer to the Target Market Determination (TMD) when considering whether this product is right for you.
To make an investment:
- Please read through the Product Disclosure Statement carefully.
- Print the Application Form at the rear of the PDS and complete Sections 2 to 7.
- The Application Form must be signed by all parties to the investment.
- Return the completed Application Form and your cheque for your investment amount in favour of First Mortgage Managed Investments Limited – Capital Account.
- If you would like to pay your investment amount by bank transfer, please contact us for bank details.
When returning the Application Form and cheque, please ensure that you provide certified copies of appropriate forms of identification as follows:
- current Drivers Licence; and
- current Passport;
- current Medicare Card
Alternatively, you can make an appointment at our Office and we will make certified copies of your identification for you.
If your investment entity is a Trust or Company, we will also require certified copies of identification for each trustee and/or director as well as a certified copy of any appropriate Trust Deed.
Continuous Disclosure Documents for Investors
Below are links to other associated documents for investors in the First Mortgage Investments Scheme.
Welcome to the First Mortgage Investments Scheme
The First Mortgage Investments Scheme is a mortgage investment scheme providing a consistent source of income to investors. The FMI Scheme is operated by First Mortgage Managed Investments Limited as the Manager and Responsible Entity.
Our company prides itself on its focus of ensuring the protection of our investor’s funds. Many of our investors and their families have trusted our company to protect their investments for over 40 years.
The benefits of investing in a mortgage investment include:
- Security – your investment is secured by a registered first mortgage over real property
- Fixed return* – your return is fixed during the course of your investment.
- Monthly income – you receive interest monthly paid directly into your nominated bank account
- Term – your investment is for a term of between 12 and 24 months
- No entry fees – You pay no entry fees, all establishment costs are paid by the borrower.
The FMI Scheme is unlike most other mortgage schemes because:
- Our loan portfolio concentrates on residential properties (not commercial or development). The majority of our loans are over residential and rural/residential homes and properties.
- Most loans are under $500,000.
The FMI Scheme is a specific mortgage scheme. The advantages of a specific mortgage investment over a pooled investment include:
- You know the address of the property where your funds are invested.
- You are provided with specific details as to the valuation of the property.
- Your interest return is fixed* during the course of the investment and is not subject to fluctuations or losses resulting from other loans.
*returns are dependent on the borrower meeting its obligations on time and in full.
