Assurity Capital Provides Second Mortgage Private Loan for Lindfield Renovation Project

Assurity Capital has successfully settled a $350,000 second mortgage private loan secured against a residential property in Lindfield, NSW, located on Sydney’s Upper North Shore.

The funding was provided to assist with the completion of a renovation and construction project already underway at the property. The loan was structured as a second mortgage facility with a combined 55% Loan-to-Value Ratio (LVR), assessed on the property's current “as is” value during construction.

With the project already mid-build, the borrower required fast and flexible access to capital at a time when traditional lenders were unable to assist due to construction status and servicing limitations.

Fast Second Mortgage Lending for Construction Projects

Borrowers undertaking renovations or construction projects can often encounter funding challenges once works have commenced.

Traditional lenders may be reluctant to provide finance where:

• renovations are incomplete,

• properties are mid-construction,

• timelines are urgent,

• or servicing requirements are restrictive.

Second mortgage lending can provide an effective short-term solution, allowing borrowers to:

• access equity quickly,

• complete renovation works,

• maintain project momentum,

• and avoid delays or cost overruns.

In this scenario, Assurity Capital structured a practical second mortgage solution that enabled the borrower to continue progressing the project without interruption.

Loan Scenario Overview

Second Mortgage Private Loan – Lindfield, NSW

• Loan Type: Second Mortgage Private Loan

• Loan Amount: $350,000

• Security: Residential property in Lindfield, Sydney

• Purpose: Completion of renovation and construction works

• Combined Leverage: Approx. 55% LVR

• Valuation Basis: Mid-construction “as is” value

• Outcome: Fast funding to support project completion

Flexible Private Lending for Renovation and Construction Funding

Assurity Capital specialises in:

• second mortgage loans,

• renovation finance,

• construction funding,

• bridging loans,

• and short-term private lending solutions.

We regularly assist:

• homeowners,

• investors,

• developers,

• and business owners

  
  

  who require fast and flexible funding outside traditional bank policies.

Our lending approach focuses on:

• the strength of the security property,

• available equity,

• and the borrower’s exit strategy

  
  

  rather than rigid servicing models.

Private Lending Solutions Across Australia

Assurity Capital provides:

• first and second mortgage loans,

• short-term property finance,

• equity release solutions,

• and business-purpose lending

  
  

  secured against residential, commercial and mixed-use property.

Loan amounts range from $50,000 to $5,000,000+, with fast approvals and flexible structures available nationally.

Need Renovation Funding or a Second Mortgage?

If you require funding for:

• a renovation project,

• construction completion,

• bridging finance,

• or urgent access to equity,

Assurity Capital can help with tailored private lending solutions designed around your timeframe and property strategy.

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

Contact