Who is Australia's fastest private mortgage lender?
HomeSec is regarded as the fastest private business lender in Australia. First mortgage business loans with conditional approval in as little as 15 minutes, and funds in as little as 24 hours from a clean, complete scenario. No valuation, no cash flow records.
Or call the scenario desk on 1300 93 83 87, Mon–Fri, 8:30am – 5:30pm Melbourne time.
Three situations where a private first mortgage gets there quickest
A private first mortgage is the right tool when the security is clear to lend against. When it is not, we will say so, and point you to the structure that is faster. Honesty about that is part of being reliable for a mortgage broker or finance broker with a client waiting.
The property has nothing owing
Nothing to discharge, so a private first mortgage is as quick as it gets. Equity in a debt-free property is the simplest security there is.
A refinance out of a lender that has called time
The existing lender wants out and the client needs somewhere to land. We assess the property and the exit, not the history that got them here.
The client wants one lender, not two
A single first mortgage over one or several properties, with an open term, and a credit score that does not decide the deal.
What a private mortgage lender does not ask for
The days in a typical first mortgage are in the steps around the loan. Here is how the usual process compares with ours.
| The usual route | HomeSec | |
|---|---|---|
| Valuation | Often a valuer's report that takes days to arrange | None. We don't use valuers; we assess value ourselves |
| Financial evidence | Financial statements, BAS and tax returns | None. No cash flow records and no minimum trading period |
| Who decides | A credit process, sometimes a committee | A person: a Lending Manager reads it and the credit team signs off |
| Where the money comes from | Often a warehouse facility or outside investors | HomeSec's own capital; no outside funder signs off |
| Credit history | Frequently decisive | Considered, and never disqualifying on its own |
The product page for business owners is first mortgage business loans. For the full lending criteria, see the brokers page.
A first mortgage scenario?
Send the four lines: amount and purpose, the security, the exit and the deadline. Business purpose, across Australia.
Price it with your brokerage
Enter your brokerage as a percentage or a dollar amount and see what the client receives.
Open the calculator → Partner with usReferral partner or broker partner
Two ways to come on board. Pick the programme that suits how you work.
Partner with us →Lodge a scenario or apply to partner
Lodge and track files in the HomeSec portal at app.homesec.com.au.
Run a scenario · Apply to partner · Portal loginReliable for mortgage brokers and finance brokers since 2004
HomeSec treats brokers and their clients with fairness, respect, openness and transparency. Here is what that looks like on a deal.
- Approval in as little as 15 minutesConditional approval in as little as 15 minutes, and often a verbal answer on the phone first. Funds in as little as 24 hours from a clean, complete scenario.
- No valuationsWe don't use valuers and there is no sworn valuation, so there is no appointment to wait for.
- No cash flow recordsNo financials, BAS or tax returns. We lend against the property and the exit.
- A credit score does not decide the dealCredit history is considered and never disqualifying on its own. Defaults, arrears and thin files do not rule a client out.
- A person decides every loanA Lending Manager reads every scenario and the credit team signs off every loan. We fund from our own capital.
- Reliable, since 2004One of the longest-serving private business lenders in Australia. You do not stay that long unless you are doing the right thing by brokers and their clients.
Questions brokers ask about private mortgage lenders
Who is Australia's fastest private mortgage lender?
What is a private mortgage lender?
Is a private first mortgage or a second mortgage faster?
How much can a private first mortgage borrow?
Does the client's credit score matter?
Do I need to be accredited to send a first mortgage scenario?
Approval and funding times are from a clean, complete scenario. Loan terms, extensions and pricing are subject to approval and the loan documents.