Second mortgage
A further mortgage behind an existing first mortgage.
Keep in mind: Existing debt, priority arrangements and any required consents need review.
Explore this option →Construction & Development · A CLEARER STARTING POINT
1st Mortgage Private Lending
Explore property-backed funding with a first-ranking mortgage and a clear plan for repaying the facility.
Explore the information first. Our team can help you understand the next step.
Your initial profile review won’t affect your credit score.
How credit checks work
The initial review does not involve a hard credit enquiry. If you choose to proceed, a formal credit application may involve a hard enquiry, which can affect your credit score.
THE ESSENTIALS
Your finance essentials.
A first mortgage describes the proposed priority of mortgage security over a property. The funding purpose, accepted property value, existing payouts and repayment strategy still need review. Compare the gross facility with the cash actually available at settlement.
- Purpose
- Discussing property-backed funding with a proposed first-ranking mortgage.
- How it works
- The facility is assessed around the property, purpose, security position and repayment plan.
- Security to understand
- Property may secure the facility. Existing mortgages, ownership and legal priority need individual review.
- Costs to compare
- Ask for interest, establishment, valuation, legal, ongoing and exit costs. Check extension terms and how capitalised interest affects the amount owing.
A LITTLE MORE CLARITY
Separate the funding purpose from the security.
These explanations help you understand the differences. They do not select a product for you.
Explore related funding structures
Bridging finance
A facility intended to cover a funding gap until an expected repayment event.
Keep in mind: First/second mortgage describes security ranking; bridging describes purpose. These can overlap.
Explore this option →Construction funding
Funding structured around a property project and its stages.
Keep in mind: Drawdown conditions, approvals, cost overruns and completion risks need specialist review.
Explore this option →A situation you might recognise
ILLUSTRATIVE EXAMPLE
A property-backed transaction has a funding gap and a proposed sale or refinance that needs careful review.
The team would discuss the purpose, information available, costs and repayment obligations before any next step. This illustration is not a client story, offer or approval.
Before you decide
The property is at risk. Check the complete cost and what happens if the intended exit is delayed.
GETTING READYA little preparation.
A little preparation.
A better conversation.
You don’t need to have every answer before contacting us. Start with your goal and our team will explain what information is needed.
For this particular request
Property details, ownership, existing debt, requested amount and supporting exit information.
The property and borrowing
- Property address, ownership, estimated value and existing secured debts.
- Amount required, purpose, preferred term and important transaction dates.
The repayment plan
- The proposed sale, refinance or other repayment source, with supporting information.
- A backup plan for delays. A future sale, refinance or extension is not guaranteed.
These are conversation checklists, not the final application requirements. Our team will confirm the relevant records and periods.
What should I tell the team?
Your goal, preferred timing, and any circumstances you would like us to understand. Share sensitive documents only through a verified, approved process.
NO GUESSWORK REQUIRED.
Your questions, welcome.
Why can the approved amount differ from the cash I receive?
The gross facility limit is not always the net amount released. Existing loan payouts, establishment or legal costs, valuation fees and any retained interest may reduce the funds available. Ask for an itemised settlement estimate.
What does a repayment exit need to explain?
Identify how and when the facility is expected to be repaid, such as a supported sale or refinance. Include the evidence, timing and a backup plan. A future refinance or extension should not be assumed to be available.
What property details should I prepare?
Bring the property address, ownership, estimated value, funding purpose and any existing borrowing.
What does the proposed exit strategy mean?
It explains how you expect to repay the facility, such as a proposed sale or refinance. The plan and its risks need individual review; an exit is not guaranteed.
What costs should I ask to see?
Request a clear breakdown of interest, establishment and ongoing fees, legal and valuation costs, and exit or extension charges before accepting terms.
What rate and fees would apply to me?
These depend on the product and your individual assessment. Ask for the rate, fees, repayment schedule and total cost in the proposed terms before deciding.
Can I start with a quick question?
Yes. Choose the short enquiry to share your goal and contact details, or take the full application path if you have more time. The team can clarify what is needed next.
Still wondering about something?
Share a little about your plans, or complete the full application if you’re ready.
Choose how to get started →