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 75% LVR gross — subject to transaction type, security profile and exit strategy |
| 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.
Expedited settlement — 24 to 48 hours
For genuinely time-critical business loans, settlement inside 24 to 48 hours is achievable — but only when both the borrower and the borrower's solicitor are fully prepared to act immediately: same-day signing of loan and mortgage documents, immediate valuer access to the security property, and ASAP responses to every credit and legal query as they arise. Speed is a function of borrower-side readiness as much as panel-lender turnaround. Call us before the deal is in front of you and we will tell you honestly whether this timeframe is realistic for the specific scenario.
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.