First mortgage
A property-backed facility with first-ranking mortgage security.
Keep in mind: The property is at risk if obligations are not met. Review costs and the repayment plan.
Explore this option →Construction & Development · A CLEARER STARTING POINT
2nd Mortgage Private Lending
Explore additional property-backed funding alongside an existing mortgage, with equity and priority reviewed together.
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 second mortgage is proposed additional mortgage security behind an existing first mortgage. The review includes the combined debt, property value, existing facility conditions and any required consents or priority arrangements. Apparent equity does not establish the amount available.
- Purpose
- Discussing additional property-backed funding where a first mortgage already exists.
- How it works
- A further mortgage sits behind the existing first mortgage, subject to the agreed legal arrangements.
- 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
An owner with an existing mortgage wants to discuss additional business-purpose funding secured over the property.
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
Available equity alone is not approval. Existing finance conditions, consents and priority need review.
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 address, ownership and available valuation information.
- Current first-mortgage statement and payout details, plus other secured debts.
- The funding amount, purpose, required date and proposed repayment source.
- Relevant first-mortgage conditions and any known consent or priority requirements.
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 is the existing mortgage included in the assessment?
Both the existing and proposed debts affect the security position and repayment risk. The first mortgage has priority under the relevant arrangements. Existing loan terms, consent requirements and the available equity need review together.
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.
Can I enquire if there is already a mortgage?
Yes. Tell us about the existing finance provider, balance and security. Any further security, consent and priority requirements need legal and credit review.
What should I prepare about repayment?
Explain the amount, term and proposed repayment source, including what happens if the expected sale or refinance is delayed.
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 →