Private Mortgage Lender in North Sydney

Secured Lending funds the purchase of commercial and investment property across North Sydney with first and second mortgages drawn from our own capital. We are a non-bank lender writing facilities from $250,000 to $10 million, secured against real estate from the North Sydney CBD and St Leonards through to Mosman and Kirribilli, and a clean buy can settle within 24 hours. The lending is for commercial and investment use only; we do not touch owner-occupied home loans or consumer credit. A firm settlement deadline is exactly where we earn our place.

A purchase market where the bank is the slow part of the deal

St Leonards and the North Sydney CBD make up the second-largest office market in New South Wales, and the strata suites, medical rooms near Royal North Shore, and premium residential investments that trade here move on settlement dates, not credit committee calendars. When a vendor sets a tight settlement, a bank running a serviceability model and an outsourced valuation simply cannot keep up. We assess the property you are buying and the way you plan to clear the facility, then issue a letter of offer and instruct our own valuers, so your offer is backed by certainty a slower lender cannot match.

• •First and second mortgages from $250,000 to $10 million, with clean purchases funded inside 24 hours
• •Built around the property and a credible exit, not a serviceability calculator
• •A letter of offer issued in hours, with our own valuers instructed straight away
• •Approved in-house, with no credit committee standing between your offer and the keys
• •Rates from 9.7% p.a. on terms running from 1 to 24 months
• •Commercial and investment purchases only, never a personal home loan

Buying commercial and investment property on the Lower North Shore

A large share of our North Sydney lending settles purchases: an owner-occupied office or strata suite in the CBD, a medical or consulting room near St Leonards and Crows Nest, a tenanted investment, or a premium residential holding in Mosman, Cremorne, or Neutral Bay. Buyers also act on development near the Victoria Cross and Crows Nest Metro stations, where a site or an early position has to be secured before a bank can move. We are comfortable lending to Pty Ltd companies, family trusts, and SMSFs, which is how most investors here buy and the structures banks approve slowest.

Settling a purchase with a first mortgage

When the title is clear we take the first registered mortgage and sit in the primary security position, which earns the sharpest pricing: rates from 9.7% p.a. and LVRs up to 75% on a strong asset. North Sydney buyers use a first mortgage to settle a commercial or premium residential purchase against a hard date, to refinance a facility that no longer suits the asset, or to draw funding against an unencumbered building. Terms run from one to twenty-four months, set around when your exit lands.

Releasing equity for the next buy with a second mortgage

A second mortgage ranks behind the bank loan already on a property, so you can pull equity out without refinancing or paying that first facility out. Combined borrowing is generally kept within 75% of value. It is the natural tool when a premium North Shore home or an office holds plain equity, the timing on the next acquisition is tight, and a deposit, a bridge between settlements, or a short funding gap needs covering before a bank can act.

What a purchase actually turns on for us

Four things tell us whether a buy works, and the exit outweighs the rest by a wide margin. There is no point lending against a property without a clear way the facility gets cleared, so we ask for that route first, in plain terms.

• •The exit: a dated, evidenced route to repay, by sale, a refinance to a bank, or incoming funds. Nothing weighs heavier
• •The security and the loan against it: current market value, with the LVR usually topping out near 70%
• •The purpose and the title: a genuine commercial or investment buy, clean title, and whether we hold first or second mortgage
• •The surrounding circumstances that make that exit stack up

Security we will take across the North Shore

The money goes toward the buy or the investment, and the property stands behind it. Our own valuers price each asset against live North Shore comparables, which is quicker and sharper than waiting on an outsourced desktop figure.

• •Premium residential and investment units in Mosman, Cremorne, Neutral Bay, and Kirribilli
• •Commercial and strata office in the North Sydney CBD and St Leonards
• •Medical and consulting suites near Royal North Shore and Crows Nest
• •Development positions around the new Victoria Cross and Crows Nest Metro precincts, with or without a DA
• •Property held in a company, trust, or self-managed super fund, or carrying a bank loan taken as a second mortgage

“On the North Shore the deals that come to us almost always hinge on a settlement date. A buyer has the right office or the right investment in front of them and the bank cannot fund it in time. Show us the property and a clean way out, and we will have you settled while the bank is still ordering its valuation.”

Gino Tabila

Associate Director

Where we fund purchases across North Sydney and the Lower North Shore

A short hop across the harbour from our Barangaroo office, we settle first and second mortgages through the North Sydney CBD, St Leonards, Crows Nest, and Chatswood, the premium residential pockets of Mosman, Neutral Bay, Cremorne, and Kirribilli, and out toward Lane Cove and Willoughby. If the property you are buying or borrowing against sits on the Lower North Shore, we can usually move on it before your settlement date arrives.