First Mortgage Private Loan – Mount Waverley, Melbourne

First Mortgage Private Loan - Mount Waverley. At Assurity Capital, we recently settled a $666,250 first mortgage private loan to assist with the purchase of a residential property in Mount Waverley, a sought-after suburb in Melbourne, Victoria.

Deal Overview -Private loan Mount Waverley

• Loan Type: First Mortgage – Private Loan

• Loan Amount: $666,250

• Security: Residential property in Mount Waverley, VIC

• Purpose: Property purchase

• Client: Director of a growing accounting firm

• Exit Strategy: Refinance to a bank lender upon finalising tax returns and financials

  
  

Why a Private Loan Was Needed

The guarantor, a director of an expanding Melbourne-based accounting practice, was in the process of lodging updated financials and tax returns. While he had strong underlying income and asset backing, the delay in finalised financials meant he couldn't yet qualify for traditional bank lending.

He required a fast, flexible interim loan to complete the property purchase, and approached Assurity Capital for a non-bank lending solution.

The Assurity Capital Approach

As a specialist private lender offering first mortgage funding across Australia, Assurity Capital was able to:

• Assess the application based on equity and future servicing capacity

• Provide approval with minimal delay and no need to wait for full financials

• Set up an exit strategy that involved refinancing to a mainstream bank once documentation was finalised

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This allowed the guarantor to secure the property quickly, while maintaining a clear path toward lower-rate funding in the near future.

Why Private First Mortgages Make Sense

Private first mortgages are ideal for borrowers who:

• Need fast funding for property purchases

• Are between tax years or financial reporting

• Are self-employed and need an interim solution before moving to a bank

• Have a clear exit strategy but can't wait for slow bank processes

Partner with a Trusted Private Lender

At Assurity Capital, we work with borrowers, brokers, and professionals across Melbourne and greater Victoria to provide private lending solutions for:

• First and second mortgages

• Refinancing existing private loans or caveats

• Business and investment funding

We specialise in non-bank finance for clients who don’t fit the traditional lending box — without compromising on speed, professionalism, or clarity.

Contact Us Today

If you're looking for private lending in Melbourne, or need a solution for fast property finance, speak with the team at Assurity Capital today. Contact Us