First Mortgage Private Loan – Rose Bay, Sydney

Assurity Capital has recently completed a $300,000 first mortgage private loan secured against a 1-bedroom apartment in Rose Bay, valued at approximately $500,000. With a 60% LVR, strong location fundamentals, and a clear funding purpose, this deal is an excellent example of how private lending can support borrowers who need fast, practical capital to progress other projects.

1.The Security Property – A Blue-Chip Location in Rose Bay

First mortgage private loan Rose Bay

The loan was secured by a well-located 1-bedroom apartment in Rose Bay, one of Sydney’s most desirable Eastern Suburbs. The property benefits from:

• High rental demand

• Strong owner-occupier market

• Excellent long-term capital growth

• Close proximity to shops, transport, beaches, and harbourfront lifestyle

• A stable, liquid apartment market ideal for first mortgage security

With a valuation of around $500,000, the property offered a secure base for asset-backed lending.

2. Loan Amount & Leverage

Assurity Capital provided a $300,000 first mortgage loan, representing a 60% Loan-to-Value Ratio (LVR).

This leverage level provided strong comfort for the lender and kept the risk profile well within private-lending parameters.

3. Borrower’s Objective

The borrower required fast access to capital to:

• Assist with the completion of another development project

• Avoid delays associated with traditional banking

• Ensure the development project remained on schedule

Private lending was the ideal solution because timing was critical — and the borrower needed funds immediately to continue progressing the project.

4. Why a Private Lender Was the Right Choice

Banks typically require:

• Full financials

• Updated tax returns

• Detailed serviceability analysis

• Long approval timelines

• Rigid credit criteria

For this borrower, speed and certainty mattered more than paperwork.

Assurity Capital was able to:

• Assess the deal quickly

• Validate security strength

• Confirm exit strategy

• Provide terms immediately

• Deliver a streamlined settlement

This allowed the borrower to keep their development project moving without interruption.

5. Assurity Capital’s Approach

Fast Asset-Based Assessment

We focused on the quality of the security and the borrower’s strategy rather than excessive documentation.

Clear Purpose & Exit Strategy

The borrower’s intention to complete a development project and subsequently refinance or sell provided a strong and logical exit.

Efficient Processing & Settlement

The first mortgage loan was approved and settled in a timeframe aligned with the borrower’s needs — avoiding costly project delays.

6. The Outcome

Assurity Capital successfully provided:

• $300,000 first mortgage loan

• Secured against a $500,000 apartment in Rose Bay (60% LVR)

• Fast approval and settlement

• Support for the borrower to complete another development project

• A simple, flexible lending structure without bank hurdles

The borrower now has the capital required to complete their project and the flexibility to refinance or restructure once the project is finished.

7. Why This Case Matters for Brokers & Borrowers

This transaction demonstrates the strength of private lending for scenarios involving:

• Time-sensitive funding

• Development projects nearing completion

• Equity-rich borrowers seeking fast capital

• Borrowers unable to wait for bank turnaround times

• Small but critical capital injections

For brokers, it’s a reminder that private lenders like Assurity Capital can solve problems that major banks cannot move on quickly enough.

8. About Assurity Capital

Assurity Capital specialises in:

• First mortgage private loans

• Second mortgages (from $50,000+)

• Fast settlement solutions

• Asset-based lending for property investors, developers, and business clients

• Transparent, common-sense decision making

We do not offer caveat loans — only proper mortgage-backed facilities designed for responsible, real-world funding needs.

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