Borrow against the equity in property you already own without refinancing your existing bank loan. Indicative terms within 24 hours and settlement in days.
A second mortgage sits behind your existing bank loan. You keep the bank loan, the rate and the repayments exactly as they are, and borrow against the equity that has built up in the property without a full bank application.
You can borrow up to 75% of the property’s value including what you owe the bank, from $100,000 to $10 million. Interest can be added to the loan so your monthly outgoings do not change until it is repaid.
We lend Australia-wide, with most of our loans secured in metropolitan New South Wales, Victoria and Queensland.
Enter the property value and what you owe the bank for an instant estimate at 75% LVR. Leave your details and one of our lenders will come back within 24 hours with indicative terms. No credit check, no obligation.
The property value and your current bank mortgage balance. Add the address if you have it.
We show what you could release at up to 75% combined LVR, sitting behind your existing lender.
Your figures carry straight into the application. Conditional terms within 24 hours, settlement in days.
We assess the property, the equity behind the bank and how the loan will be repaid, rather than applying a bank’s lending template. Business and investment purposes only.
Prefer to talk it through? Call 1300 982 458.
A good rate or a facility you do not want to disturb, with equity sitting behind it.
The bank’s lending limits stop it going further even though the property has room.
A tax debt, a settlement or a business opportunity that cannot wait for a bank to reassess everything.
Tell us about the property, the amount you need, the purpose and how the loan will be repaid. Your broker can submit on your behalf.
If the scenario fits, we issue a letter of offer within 24 hours with every rate and fee set out upfront.
We instruct an independent valuation and complete our credit and title checks.
Our solicitors prepare the documents and we settle on your timeframe, then stay your point of contact through to repayment.
2nd mortgageSettledA fashion importer with a Melbourne head office had a $2M order from a national retailer and needed to pay overseas suppliers before shipment. The bank’s trade finance limit would not stretch. Secured behind the owner’s home loan, repaid when the retailer paid on delivery.
2nd mortgageSettledEquity released behind an existing bank facility to pay out an ATO liability, without disturbing the bank loan. Repaid from a bank refinance once the tax position was clean.
Send us the details and we will come back to you within 24 hours.
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