$4.3M First Mortgage Approved and Ready to Fund in 72 Hours on the Gold Coast

6 November 2026

•
Loan Amount: $4,300,000
•
Location: Gold Coast, QLD
•
Security: First mortgage across several properties, including a high-end Gold Coast residential unit
•
Approved and Ready to Fund: Within 72 hours
•
Outcome: Settled
•
Loan Product Type: First Mortgage

The Scenario

A borrower needed a $4.3 million facility secured across several properties. The main property was a high-end residential unit on the Gold Coast, and two features of that unit made the deal harder to assess than a standard title.

The unit was held by a company, not by an individual owner. It was also subject to leasehold tenure restrictions. A lender has to review both before it can rely on its security, and that work can add time when a borrower needs a fast answer.

The Solution

Secured Lending assessed the ownership structure and had the lease covenants legally reviewed, to confirm our first mortgage position. Within 72 hours, the $4.3 million facility was credit-approved, documented and ready to fund.

The Outcome

•
The facility was credit-approved and documented within 72 hours
•
Our funds were ready while delays on the vendor's side held up the final settlement date
•
The loan settled by first mortgage

Why This Scenario Required a Private Lender

A short timeframe did not change what we needed to check. The company ownership and the leasehold restrictions still had to be reviewed before we could rely on the security. We lend our own funds, so once that review was complete, nothing waited on another funder, and the delays that remained were on the vendor's side.

If your deal involves several properties or a title that is not straightforward, talk to us. We would be glad to look at the properties and your exit plan.