First Mortgage Private Loan – Williamstown, South Australia
- gareth150
- Jul 6, 2023
- 2 min read
Updated: Jul 31
First mortgage private loan - Williamstown. Assurity Capital provided a First mortgage private loan of $728,000 to assist with the purchase of a development site in Williamstown, a township located in South Australia’s Barossa region. The loan was structured at approximately 60% loan-to-value ratio (LVR), giving the borrower access to timely funding to secure the site and move forward with their development plans.
Loan Summary: - Private Loan Williamstown
Loan Type: 1st Mortgage Private Loan
Loan Amount: $728,000
Location: Williamstown, South Australia
Security: Development site
Purpose: Property acquisition for development
Leverage: Approx. 60% LVR
Outcome: Timely settlement enabling project commencement
The borrower required fast and flexible funding to secure the Williamstown site ahead of a development project. Traditional funding channels were too slow, and Assurity Capital delivered a private loan solution that enabled the transaction to proceed without delay.
Why Use a Private Loan to Purchase Development Sites?
Private mortgage lending is ideal for developers and investors who:
Need fast access to capital to secure property or land
Have a strong equity position but limited time for bank approvals
Are buying non-standard or undeveloped land
Need a lender who understands property strategy and project timing
With experience in funding residential, commercial, and mixed-use sites, Assurity Capital works with developers to deliver property-secured solutions tailored to project timelines and capital needs.
About Assurity Capital
Assurity Capital is a leading non-bank lender offering 1st and 2nd mortgage private loans from $50,000 to $5,000,000. Since 2006, we’ve funded hundreds of property transactions across Australia—helping borrowers seize opportunities when banks say no.
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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