When a private first mortgage makes sense
- —The bank has said no, said maybe-in-three-months, or said yes-but-not-the-amount-you-need.
- —You need to settle on a property fast and a major-bank approval won't make the contract date.
- —The deal has a “story” — recent restructure, complex income, short trading history, tax debt, an unusual security — that a bank's credit team won't underwrite quickly.
- —You need a 6–18 month bridge to a refinance, sale or completed development.
- —You're an entity borrower (Pty Ltd, trust, partnership) and need a business-purpose loan documented as outside the NCCP Act.
How we structure first mortgages
| Loan size | From $250,000 upward |
| Term | 1 to 24 months |
| LVR | Up to around 70% of as-is value (case-by-case higher) |
| Borrower | Pty Ltd, corporate trustee, partnership, or other entity |
| Security | Registered first mortgage over Australian real property |
| Settlement | Typically 5–10 business days for clean files |
| Pricing | Set by the panel lender or private investor on each deal — not advertised |
Indicative parameters only. Every loan is assessed on the merits of the deal, the security, the borrower and the exit strategy. Final terms are set by the relevant panel lender or private investor.
What we need from you to package the deal
- —The borrowing entity (name, ABN/ACN).
- —The property — address, current owner, latest valuation if available, current encumbrances.
- —The amount, term, and purpose.
- —A short paragraph on the exit — refinance, sale, settlement of incoming funds.
- —A short paragraph on the business purpose of the funds.
That's it for indicative terms. Formal offer requires the standard documentation pack — we'll send the list after the initial discussion.