Assurity Capital Provides Private Loan for Melbourne Property Renovation Strategy

Assurity Capital has successfully arranged a $620,000 first mortgage private loan secured against properties located in Caulfield North and Skye, Melbourne.

The facility was structured at a conservative 27% overall leverage, providing the borrower with fast access to capital to complete renovations prior to placing the property on the market for sale.

To ensure a streamlined approval process and fast settlement, the transaction was completed using:

• a desktop valuation on the primary security, and

• a waived valuation on the secondary security.

Fast Private Funding for Property Renovations

The borrower required short-term funding to undertake renovation works aimed at maximising the property's sale value before listing.

Traditional lenders can often be slow or restrictive when funding:

• pre-sale renovation projects,

• equity release scenarios,

• or short-term property strategies.

Assurity Capital was able to provide a flexible private lending solution tailored to the borrower’s timeframe and objectives, allowing works to commence without delay.

Loan Scenario Overview

Private Loan – Melbourne, VIC

• Loan Type: First Mortgage Private Loan

• Loan Amount: $620,000

• Security Locations: Caulfield North & Skye, Melbourne

• Overall Leverage: 27%

• Purpose: Renovation funding prior to property sale

• Valuation Structure: Desktop valuation on primary security and waived valuation on secondary security

Flexible Private Lending Solutions

Assurity Capital is a non-bank private lender specialising in:

• first and second mortgage loans,

• renovation and refurbishment funding,

• equity release,

• bridging finance,

• and short-term property lending solutions.

We work with borrowers, investors and brokers across Australia to provide fast and practical funding solutions for scenarios that may not suit traditional bank policies.

Need Private Funding for a Property Strategy?

Whether you are renovating, restructuring debt, preparing a property for sale or require fast access to equity, Assurity Capital can assist with tailored private lending solutions.

Contact Assurity Capital📧 scenario@assuritycapital.com.au📞 02 9389 1077

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