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Second Mortgage Private Loan – Mornington, Victoria

  • Assurity Capital
  • Aug 13, 2024
  • 2 min read

Updated: Jun 20

Supporting Repeat Borrowers with Property Development Finance


Assurity Capital recently settled a second mortgage private loan of $545,000, secured against a new duplex development in Mornington, Victoria. This marks the second successful transaction we’ve completed for this experienced property developer, reinforcing our commitment to building long-term relationships through consistent, reliable private lending solutions.


Loan Summary:

  • Loan Type: Second Mortgage Private Loan

  • Loan Amount: $545,000

  • Security: Duplex development project in Mornington, VIC

  • Purpose: Property development funding

  • Borrower: Repeat client (property developer)

  • Settlement: Efficient, tailored lending process


With the developer’s equity position and track record, Assurity Capital was able to offer a flexible second mortgage solution to assist with funding needs related to the completion of the duplex project. As a non-bank lender, we understand the unique needs of developers and investors, especially when timing and structure are critical.


Why Use a Second Mortgage Private Loan?

Second mortgage loans are ideal for:

  • Top-up funding during or post-construction

  • Bridging finance between stages of a development

  • Working capital for property-related expenses

  • Developers with strong equity but requiring non-bank flexibility


Private Lending That Grows With You

At Assurity Capital, we value long-term relationships. Many of our clients—like this Mornington-based developer—return to us for subsequent projects because we offer:

  • Fast settlements

  • Flexible terms

  • No unnecessary red tape

  • Real-world lending decisions

New house in mornington
New house in Mornington

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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