First Mortgage on vacant Land - Junee 2663

Assurity Capital recently settled a $60,000 first mortgage loan secured against a vacant block of land located in Junee, NSW 2663.

This deal involved a 40% Loan-to-Value Ratio (LVR), showcasing our flexible lending approach and capacity to support regional borrowers where traditional banks may hesitate.

Deal Summary: - First mortgage Vacant Land Junee

• Loan Type: First Mortgage – Vacant Land

• Loan Amount: $60,000

• Location: Junee, NSW 2663

• Security: Vacant residential land

• LVR: Approximately 40%

• Purpose: Business use – to refit a local bakery

• Exit Strategy: Sale of the vacant land

  
  

The borrowers, local business operators, required funding to upgrade and refit their bakery, an essential business within the Junee community. With limited access to bank funding for land-only securities, Assurity Capital was able to provide a fast and flexible private lending solution tailored to their needs.

The exit strategy for the loan is the sale of the land, providing a clear and achievable path for repayment.

Flexible Land Loans Across NSW and Australia

Whether it's vacant land, development blocks, or non-income producing assets, Assurity Capital offers tailored first mortgage solutions to suit borrowers in both metro and regional areas like Junee.

If you're seeking finance secured by vacant land or require fast funding for a business or investment opportunity, get in touch with our team today.

📍 Private Lending | Fast Approvals | Regional and Metro Loans

Contacting our team is easy and can set the stage for your next financial breakthrough. 📞 Contact the team to explore how we can facilitate your next transaction.