1st Mortgage Private loan: Thomastown, Melbourne
- gareth150
- Jul 6, 2023
- 2 min read
Updated: 4d
Refinancing Private Debt with a Flexible Non-Bank Solution
Assurity Capital recently provided a 1st mortgage private loan of $575,000, secured against a residential property in Thomastown, a well-established suburb in Melbourne’s north. The purpose of the loan was to refinance existing private debt, with the loan structured at an exact 64.97% loan-to-value ratio (LVR).
Loan Snapshot:
Loan Type: 1st Mortgage Private Loan
Loan Amount: $575,000
Location: Thomastown, Melbourne VIC
Security: Residential property
Purpose: Refinance existing private debt
Leverage: 64.97% LVR
Outcome: More manageable loan terms with a trusted non-bank lender
The borrower sought a more stable and competitively priced private loan to refinance their current private facility. With solid equity in the property, Assurity Capital delivered a fast and flexible funding solution tailored to the borrower’s needs.
Why Refinance with a Private Loan?
Refinancing existing private or non-conforming debt is ideal for borrowers who:
Want to improve their interest rate or loan terms
Are coming off short-term or expensive private facilities
Need quick settlement without the red tape of traditional banks
Hold significant equity but require a non-bank lending approach
At Assurity Capital, we assess each scenario on the strength of the property and borrower intent, not just rigid serviceability rules.
About Assurity Capital
Assurity Capital is a trusted non-bank lender offering 1st and 2nd mortgage private loans from $50,000 to $5,000,000. Since 2006, we’ve helped property owners, investors, and business operators across Australia access fast, tailored finance solutions secured by real estate.
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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