1st Mortgage Private Loan – Essendon, Melbourne
Updated: Jun 20, 2025
Private Lending for Joint Venture Property Syndicate Funding
Assurity Capital recently provided a 1st mortgage private loan of $290,000, secured against a residential unit in Essendon, a well-established suburb in Melbourne, Victoria. The borrower required funds to participate in a joint venture property syndicate, leveraging strong equity in their existing property.
Loan Snapshot:
Loan Type: 1st Mortgage Private Loan
Loan Amount: $290,000
Location: Essendon, Melbourne VIC
Security: Residential unit
Purpose: Investment in a joint venture property syndicate
Leverage: Approx. 50% loan-to-value ratio (LVR)
Turnaround: Fast and flexible settlement
This loan demonstrates how private lending can be used strategically to access capital for investment and development opportunities, particularly where speed, equity position, or non-traditional structures rule out conventional bank finance.
Why Use a Private Loan for Property Syndicate Participation?
Private lending is an ideal funding tool for:
Short-term investment opportunities
Entry into property syndicates or joint ventures
Borrowers with strong equity but complex income or structures
Those needing quick access to funds without the delays of bank approvals
With no major valuation or income hurdles, this 1st mortgage loan was structured with minimal documentation and a clear understanding of the borrower’s exit strategy.
About Assurity Capital
Assurity Capital is a trusted non-bank private lender, specialising in 1st and 2nd mortgage private loans across Australia. Since 2006, we’ve helped borrowers access between $50,000 and $5,000,000 in flexible, fast, and property-secured funding solutions to meet personal, commercial, and investment needs.
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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