Fast Settlement: 1st & 2nd Mortgage for Trust Purchase in Newcastle

Assurity Capital successfully settled a combined 1st mortgage of $474,500 and 2nd mortgage of $295,500 to assist a client purchasing a one-bedroom apartment in Newcastle, New South Wales.

This deal involved a trust structure with a corporate trustee, a lending scenario we regularly support with tailored private funding solutions.

Loan Overview

• Loan Type: Combined 1st and 2nd Mortgage

• 1st Mortgage Security: Newly purchased apartment in Newcastle, NSW

• 2nd Mortgage Security: Existing residential property in Armidale, NSW

• Loan Purpose: Property acquisition under a trust structure

• Borrower Type: Corporate trustee of a discretionary trust

• Turnaround Time: Valuations and full settlement completed in under 7 days

  
  

Why This Deal Stands Out

• Fast funding for a trust purchase—avoiding delays typical with traditional lenders

• Cross-collateralised loan structure using equity from a second property

• Flexible private lending that allowed the borrower to meet their settlement deadline on time

  
  

At Assurity Capital, we specialise in first and second mortgage private loans across NSW and Australia, including complex lending arrangements such as trust structures, company borrowers, and cross-collateralisation.

If you’re seeking private funding or a fast first or second mortgage, or if you're a broker needing a lender that can move quickly—Assurity Capital is ready to help.

📞 contact the team  to learn how we can support your next transaction.