How it works
How a private secured loan works
Five steps from first question to funds — and what to have ready at each one.
- 1
1. Tell us about the property (about 60 seconds)
How much you need and why, the property you'd use, roughly what it's worth and what's owing against it. No credit check when you first enquire.
- 2
2. A secured-lending specialist calls you
They check the figures, ask about the purpose and your exit, and tell you plainly whether a first mortgage, second mortgage or caveat loan fits.
- 3
3. Documents and assessment
ID, the property details and what's owing, plus evidence of your exit. The property is assessed directly — no formal valuation required.
- 4
4. Letter of Offer
You receive the amount, term, how interest is charged (prepaid, capitalised or paid monthly), all fees and the conditions in writing. Have your solicitor review it.
- 5
5. Settlement and funding
Solicitors sign off, the security is registered and the funds are paid — to your account, the ATO, a vendor or another lender. Funding is possible within 24–48 hours once documents are in.
What speeds things up
The fastest loans have three things in common: accurate figures on the enquiry, statements for every existing loan ready to send, and a clear exit. If an existing lender needs to provide a payout figure or consent, ask for it early. Read the document checklist and the guide to what happens at settlement.
Common questions
Does enquiring affect my credit file?
No. There's no credit check when you first enquire. A credit check is only discussed if you decide to proceed.
Will my details be sent to multiple lenders?
No. Your enquiry goes to one direct lender. It isn't sold or broadcast to a panel.
Do I need a valuation?
No formal valuation is required — the lender assesses the property itself, which saves time and the valuer's fee.
What should I have ready?
Photo ID for every borrower and guarantor, recent statements for any loan secured on the property, rates notices, company or trust details, and a short explanation of how the loan will be repaid.
See what your business could qualify for
One short enquiry, no credit check when you first enquire, and a real person who calls you back with options that fit.
No credit check to enquire
One lender, not a mailing list
A real specialist on your file