Private Loans

A ‘Private Loan’ is traditionally funded from a private lender instead of a bank or non-bank lender. A private lender can often act much quicker than a bank or institutional funder. When assessing a loan application we primarily look at the underlying security property being in most cases, real property. This is why we refer to the Loan as a ‘Private Mortgage’. If you have sufficient equity in the security we lend against the asset rather then the character or credit history of the borrower or the credit risk the borrower may pose.

Why Private Lending?

If your bank or lender has knocked you back, or if you have bad credit or you can’t jump the red tape or are simply looking for a no fuss funding solution EasySettle Finance can facilitate a ‘Private Mortgage’ that suits you.

When assessing a ‘Private Mortgage’ application we primarily look at the underlying security property being in most cases, real property. If you have sufficient equity in the security we lend against the asset rather then the character or credit history of the borrower or the credit risk the borrower may pose.

Often interest can be prepaid for the term of the loan or capitalised for the life of the loan and the terms and conditions of the loan are clear and there are no hidden costs. This provides you with a hassle free funding solution with all the flexibility you may require.

At EasySettle Finance we facilitate Private First Mortgage or a Private Second Mortgage funding tailored to your needs.

EasySettle Finance is a market leader in facilitating Private Mortgage products in Australia. We offer a range of first ranking mortgages, second ranking mortgages, caveat mortgages, equitable mortgages and structured debt facilities to suit your needs.

Security and Borrowing Amounts

Our funding solutions require a mortgage over real estate security. The minimum loan is usually $20,000 and the maximum loan amount is usually $2,000,000. However larger amounts are available and we will consider a larger amount on application.

How long does it take to approve a loan?

A verbal approval can be given over the phone and an Indicative Letter of Offer is usually issued within 24 hours. The speed and accuracy of the information provided by you to Easy-Settle Finance will greatly affect the time it takes to settle a loan. We guarantee that you will have a quick and Easy turnaround!

Call us now on 1300 730 267 to discuss your situation. Or complete our Quick Enquiry form or Online Application and we’ll call you back shortly.