Investment Property Purchase: Urgent Short Term Loans When the Bank Declines
Settle your investment purchase now, and refinance once the bank is ready or your tax returns are lodged
Experts in strategic, short-term finance
Many investors are declined by a bank not because of the property, but because of how the bank calculates serviceability across several loans. If you have an investment purchase to settle and the bank has said no or needs more time, we can fund it in as little as 24 hours.
We lend on houses, units, townhouses and strata apartments bought as investments across Australia, from $250,000 to $10 million. The loan runs for 1 to 24 months while you arrange long-term finance or sell.
Why investors come to us
- •The bank's serviceability calculation does not work once all your loans are counted
- •You are self-employed, and your latest tax returns are not lodged yet
- •The bank valuation came in below the contract price
- •You own several properties, and the bank has reached its limit for you
- •Settlement is close, and the bank has not finished its assessment
- •The property is a type the bank avoids, such as a small unit or a mixed-use building
How we assess an investment purchase
We do not run a bank's serviceability calculation. We look at the property value, the equity you have, and how you plan to repay us, whether that is a bank refinance, a sale or funds from another settlement. That is why investors with strong assets and complex income can often borrow from us when a bank has declined.
Costs we can include
- •The purchase price, or the part the bank will not lend
- •Stamp duty and settlement costs
- •Repairs or updates needed before you rent the property out
What happens after you call
Enquiry. Tell us the price, the settlement date and what the bank has said. Expect an indicative offer, with the amount, rate and term, within hours.
Valuation. Our in-house valuers inspect the property, usually within a day.
Letter of offer. We issue it once you accept our terms, and work with your solicitor or conveyancer.
Settlement. Once the letter of offer is signed, we can settle within 24 hours.
Paperwork for investors
- •Your contract of sale, showing the settlement date
- •A list of your properties and their loan balances
- •Any bank approval, decline or valuation
- •Your plan for repaying us: a bank refinance, a sale or another settlement
Loan options for investors
- •First mortgage: over the investment property you are buying
- •Second mortgage: over another property in your portfolio, to add to the loan
- •Bridging loans: to buy before you sell another investment
- •Caveat loans: quick access to equity in a property you already own
Investment purchase loan terms
| Loan feature | Detail |
|---|---|
| Loan size | $250,000 to $10,000,000 |
| Interest rate | From 9.7% p.a. (first mortgage), from 11.95% p.a. (second mortgage) |
| Term | 1 to 24 months, interest only |
| Maximum LVR | 70% of the lower of the assessed value and the purchase price |
| Security | A first mortgage over the investment property, plus other property in your portfolio if needed |
| Settlement | From 24 hours |
Moving to long-term finance
Most investors refinance to a bank or another lender once their tax returns are lodged, a property is sold, or the bank reassesses their portfolio. Our terms run up to 24 months, so you have time to compare offers. We agree the repayment plan with you before settlement.
Investor settlements we have funded
“Most investors who call us have plenty of equity. What stops the bank is usually its serviceability formula, or tax returns that have not been lodged yet. We lend on the property and the repayment plan, so the investor settles on time and refinances once the tax returns are lodged.”
Gino Tabila
Associate Director
Frequently Asked Questions
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Case Studies
$400K Second Mortgage Repaid in Full After a Flexible Two-Month Extension
$1.8M First Mortgage Releases $980K of Working Capital for a Solar Business
$2.3M Second Mortgage Refinances an 18% Facility for a Glass Manufacturer
$800K Bridging Finance for Simultaneous Property Transactions in 48 Hours
$300K Second Mortgage for Dental Practice Working Capital in 5 Days
$700K Working Capital for a Technology Start-Up Settled in 72 Hours
$3M Working Capital for IT Business Expansion Settled in 2 Business Days
$1.9M Commercial Property Acquisition for Growing Doggy Daycare Business
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Other Urgent Loans We Fund
Each page covers one deadline: what we fund, what to send us and how quickly we can settle.