1st mortgage private loan - Mosman, Sydney

1st mortgage private loan of $3,465,000 for the purposes of a redevelopment of a luxury home in the exclusive suburb of Mosman in Sydney under an owner builder arrangement. Once completed the house would be put on the market for sale. Leverage - 46% based on an "as is" basis.

The borrowers required a non-bank lending private loan solution as the requirements to obtain construction finance under an owner builder arrangement with a mainstream lender are too onerous. Assurity Capital were able to settle a provide loan quickly allowing the borrowers to move forward with their project.

Assurity Capital is a non-bank lender providing private lending and private loan solutions.

To discuss your private lending or private loan requirements please contact the team