Second Mortgage Private Loan – Wandong & Wallan, Victoria

Private Lending to Refinance Business Debt and Unlock Working Capital

Assurity Capital recently arranged a second mortgage private loan of $310,000, secured against two residential properties—one located in Wandong and the other in Wallan, both situated in regional Victoria. The loan was structured at approximately 53% loan-to-value ratio (LVR) and provided funding to refinance existing business debt and inject additional working capital into the borrower's operations.

Loan Snapshot:

• Loan Type: Second Mortgage Private Loan

• Loan Amount: $310,000

• Security: Two residential properties – Wandong & Wallan, VIC

• Purpose: Refinance business debt + provide working capital

• Leverage: Approx. 53% LVR

• Settlement: Fast and streamlined

  
  

This borrower required a flexible funding solution that traditional lenders could not offer due to the structure of the security and the purpose of the loan. With solid equity in both properties, Assurity Capital was able to deliver a tailored second mortgage solution that met the client’s needs quickly and efficiently.

When a Second Mortgage Private Loan Makes Sense

Second mortgage loans can be ideal for borrowers who:

• Own multiple properties with available equity

• Need short- to medium-term funding without breaking their first mortgage

• Are consolidating or refinancing business or personal debt

• Require fast access to working capital for business or investment purposes

This case highlights how a strategically structured second mortgage can provide access to significant funds without triggering delays or complications with existing primary lending.

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 provided more than a thousand loans ranging from $50,000 to $5,000,000, helping borrowers unlock property equity for a wide range of needs—from business growth to bridging finance.

📧 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.