1st Mortgage Private Loan – Cherrybrook, Sydney

Fast Private Refinance with Cash-Out to Complete Construction

Assurity Capital recently settled a 1st mortgage private loan of $925,000, secured against a residential property in Cherrybrook, a family-friendly suburb in Sydney’s north-west. The loan was structured at an approximate 35% loan-to-value ratio (LVR), based on a desktop valuation only, ensuring a streamlined and timely process.

Loan Overview:

• Loan Type: 1st Mortgage Private Loan

• Loan Amount: $925,000

• Location: Cherrybrook, Sydney NSW

• Security: Residential property

• Purpose: Refinance existing loan + access funds to complete construction

• Leverage: Approx. 35% LVR

• Valuation: Desktop valuation only

• Borrower Requirement: Urgent funding due to cost overruns on a construction project

  
  

The borrower encountered increased construction costs and needed additional funding quickly to avoid delays and keep their project on track. With a strong equity position and clear exit strategy, Assurity Capital delivered a tailored solution, enabling the borrower to refinance their existing facility and unlock funds—all with minimal documentation and no requirement for a full valuation.

Why Use a Private Loan for Construction Overruns?

Private lending can be a strategic solution for:

• Managing unplanned construction cost increases

• Accessing capital quickly when timing is critical

• Refinancing existing loans that are no longer fit-for-purpose

• Leveraging equity through low LVR loans with desktop or no valuations

Our flexible, asset-based approach enables borrowers to keep projects moving—even when traditional lenders cannot accommodate changes in scope or cost.

About Assurity Capital

Assurity Capital is a specialist non-bank lender, providing 1st and 2nd mortgage private loans from $50,000 to $5,000,000. We work with borrowers Australia-wide to offer fast, flexible solutions secured by residential, commercial, and development properties.

📧 scenario@assuritycapital.com.au🌐 www.assuritycapital.com.au

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.