1st Mortgage Private Loan – Essendon, Melbourne

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.

📧 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.