Second Mortgage Private Loan – Caves Beach, NSW

Flexible Private Lending to Complete a Home Renovation Project

Assurity Capital recently funded a second mortgage private loan of $150,000, secured against a residential property in Caves Beach, a sought-after coastal suburb in New South Wales. The funds were used to assist with the completion of a renovation and construction project, transforming the property into a modern family home.

Loan Summary:

• Loan Type: Second Mortgage Private Loan

• Loan Amount: $150,000

• Location: Caves Beach, NSW

• Purpose: Renovation and construction of residential home

• Leverage: Approx. 59% based on “as is” property valuation

• Security: Existing residential property

• Settlement: Fast, no major delays

  
  

The borrower required additional funding to finalise their renovation plans after reaching the limits of their primary loan. Thanks to strong existing equity in the property, Assurity Capital was able to offer a low-leverage second mortgage solution with minimal delays and no need for a full valuation reassessment.

Why Choose a Second Mortgage Private Loan?

Second mortgages can be ideal for homeowners and developers who:

• Need extra capital mid-project

• Are seeking short-term finance while waiting for a refinance or sale

• Have strong equity but limited serviceability for traditional lenders

• Want speed and flexibility without excessive red tape

This deal demonstrates how private lending can unlock opportunities even when primary funding sources fall short.

About Assurity Capital

Assurity Capital is a non-bank lender specialising in 1st and 2nd mortgage private loans. We provide fast, flexible, and tailored funding solutions to borrowers Australia-wide—backed by real property, and guided by common sense rather than bureaucracy.

📧 scenario@assuritycapital.com.au🌐 www.assuritycapital.com.au

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.