★★★★★Trusted by 400+ Australian businesses

Second Mortgage Private Loans

Over 200+ second mortgages facilitated. Unlock equity and access capital.

Experts in strategic, short-term finance

Finance within

24 hours

Loans from

$250k to $10M

Rates from

11.95% p.a.

Terms

1 to 24 months

What Is a Second Mortgage Private Loan?

A second mortgage is a loan secured by a second-ranking registered charge over your property, sitting behind your existing first mortgage. As a private lender, Secured Lending takes that second mortgage position — giving you access to the equity you've built up, while your first mortgage stays completely untouched.

You don't need to refinance. You don't need to approach your existing bank. And you don't need to meet the same rigid criteria that block most borrowers from accessing capital through traditional channels. Over 200 second mortgages facilitated across Australia.

Who Uses Second Mortgage Private Finance?

You might be a good candidate if:

•Your existing bank won't lend additional funds against a property that already has a mortgage
•You need capital quickly and can't wait weeks or months for a formal bank process
•You're self-employed, operate through a company or trust, or have income that doesn't fit standard serviceability
•You have ATO debt, a creditor judgment, or an urgent payment obligation that needs to be cleared
•You want to fund business growth without refinancing your first mortgage at a higher rate
•Your bank has declined a refinance because you have outstanding tax debt
•You need to bridge between the sale of a property and the settlement of a purchase
•You're behind on payments and need to consolidate debt before a formal default notice is issued

Key Features

•Flexible loan terms — from 1 month to 24 months
•Fixed interest rates — starting from 11.95% p.a.
•Loan amounts based on equity — not your credit score
•No need to refinance — your first mortgage stays untouched
•Settlement within 24 hours for qualifying applications

Industries

Industries We Service

Second mortgage finance for property investors

A second mortgage sits behind the first mortgage already on your investment property, which stays exactly where it is. There is no refinance, no discharge of the existing facility, and no break costs on a rate you would rather keep.

It is repaid when the property sells, or by a refinance once the whole position can be restructured. It is the product for an investor holding equity behind a cheap first mortgage that would be expensive to disturb.

A second mortgage can help you:

Release equity without discharging your existing first mortgage
Keep a low first mortgage rate you would rather not lose
Fund a deposit on the next purchase before the current one sells
Avoid break costs on a fixed facility
Borrow behind the first across one title or several
Exit by sale, or by a refinance of the whole position

Private lending for Real Estate and Property Investors

A second mortgage can help you:

Release equity without discharging your existing first mortgage
Keep a low first mortgage rate you would rather not lose
Fund a deposit on the next purchase before the current one sells
Avoid break costs on a fixed facility
Borrow behind the first across one title or several
Exit by sale, or by a refinance of the whole position

Private lending for Real Estate and Property Investors

"Second mortgage lending comes down to understanding the full debt stack, and that is work we enjoy. We look at the first mortgage balance, the combined LVR across both positions, and whether the equity buffer comfortably supports the facility. Where the underlying security is strong and the exit is clear, we can often have funds in place within the same week."

Gino Tabila

Associate Director

Frequently Asked Questions

Yes — this is one of the most common and effective use cases for second mortgage private finance. Most banks will not refinance a borrower who carries active ATO debt because it creates a priority creditor risk. By using a second mortgage to clear the ATO debt first, you remove that obstacle and can approach your bank from a clean position. Borrowers in this situation often refinance back to mainstream lending within 6–12 months once their tax compliance is restored.

Not necessarily — and in many cases, the reason a bank says no is the exact reason a private lender can say yes. Banks assess borrowers primarily on income, credit score, and liability profile. Private lenders assess the security property and the exit strategy. If a bank declined you because of ATO debt, irregular income, a trust structure, or a previous credit event, those factors carry significantly less weight with a private lender.

As a general guide, you'll need enough equity in your property to keep the combined LVR across your first and second mortgage at or below 70% for residential and commercial. If your property has appreciated significantly since you took out your first mortgage, you may have more usable equity than you realise.

Secured Lending does not lend to individuals. We only lend to companies, family trusts, unit trusts, and SMSFs subject to compliance requirements.

To get a preliminary assessment, you need very little — a rough idea of your property value, your first mortgage balance, and what you need the funds for. To proceed to formal approval, you'll typically need: a copy of your current first mortgage statement, a recent rates notice or evidence of property ownership, identification documents, a statement of the loan purpose, and details of your proposed exit strategy.