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First Mortgage Private Loan – Lakes Entrance, Victoria

  • Assurity Capital
  • Nov 7, 2024
  • 2 min read

Updated: Aug 7

Renovation Funding Secured Through Flexible Private Lending

First mortgage private loan - Lakes Entrance. Assurity Capital recently arranged a First mortgage private loan secured against a serviced apartment in Lakes Entrance, VIC. The property is company-owned and located in one of Victoria’s most picturesque coastal towns, making it an ideal candidate for a strategic renovation project.


Loan Overview - First mortgage private loan Lakes Entrance

  • Loan Type: First Mortgage Private Loan

  • Location: Lakes Entrance, Victoria

  • Security: Company-owned serviced apartment

  • Purpose: Property renovation

  • Valuation: No formal valuation required due to low LVR

  • Turnaround: Fast and flexible settlement process


This loan was tailored for a borrower seeking fast access to capital to fund renovation works without the red tape of mainstream banks. By leveraging private funding, we were able to deliver a solution that balanced speed, security, and minimal documentation—particularly important given the borrower’s timeline and the nature of the property.


Why Use a 1st Mortgage Private Loan?

1st mortgage private loans are ideal for borrowers who:

  • Own property with substantial equity

  • Require funding for short-term projects such as renovations, business expansion, or bridging finance

  • Need flexible lending criteria not available from traditional lenders

  • Seek fast approvals and settlements

In this case, the low loan-to-value ratio enabled Assurity Capital to approve the loan without requiring a full valuation, allowing for even faster processing.


Flexible Private Lending Australia-Wide

Assurity Capital is a trusted non-bank private lender specialising in 1st and 2nd mortgage private loans. Since 2006, we’ve funded over a thousand private loans across Australia ranging from $50,000 to $5,000,000, supporting borrowers with property-backed finance solutions for both personal and commercial needs.

If you have a private loan scenario, talk to us today. We assess each application on its merits and pride ourselves on flexible, common-sense lending.

Apartment in Lakes Entrance

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.

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