top of page

Second Mortgage Loans in Australia: Fast Funding Without the Bank

Unlock Equity Without Refinancing

Looking to access cash without disturbing your existing mortgage? A second mortgage could be your solution. At Innovate Funding, we provide fast, flexible second mortgage loans in Australia that allow you to unlock equity in your property — without going through traditional banks.

We work with business owners, developers, and investors who need short-term access to capital, and can settle in as little as 48 hours.

Innovate funding can help you access short term property finance from non bank lenders

What is a Second Mortgage?

A second mortgage is a loan secured against your property behind your existing home or commercial loan. Unlike refinancing, a second mortgage lets you keep your current loan and interest rate intact, while still leveraging the equity you’ve built up.

We specialise in private second mortgages, often used for:

  • Business expansion or cash flow

  • Property development funding

  • Paying out ATO debts

  • Bridging finance

  • Urgent investment opportunities

How Fast Can You Settle?


As fast as 24–72 hours. We cut out the red tape, credit scoring, and long bank approval processes. If you’ve got equity — we’ll find a solution.

Why Choose Innovate Funding for a Second Mortgage in Australia?​​

​

We’re not a bank — and that’s a good thing. Here’s why borrowers turn to us for second mortgage loans:

  • Fast Approval, Faster Settlements
    We understand urgency. Whether you’re funding a development or resolving a cash flow issue, we move quickly — with funding available in as little as 2 days.

  • Low Doc & No Doc Options
    Self-employed? Limited financials? No problem. Our private second mortgage loans don’t require tax returns, bank statements, or credit checks in most cases.

  • Tailored Loan Structures
    From caveat loans to mezzanine finance, we structure custom second mortgage deals that work for your unique situation. Loan terms from 1–24 months available.

  • Nationwide Coverage
    We lend across Sydney, Melbourne, Brisbane, Perth, Adelaide, and regional Australia. If there’s equity, we can help.

Recent Second Mortgage Deals Funded

  • $750,000 Second Mortgage – Brisbane
    Purpose: Developer cash flow
    LVR: 70%
    Turnaround: 48 hours
    Outcome: Kept the first mortgage untouched and unlocked capital for a new site acquisition.

  • $1.2M Second Mortgage – Melbourne
    Purpose: ATO debt payout
    Security: Residential & commercial mix
    LVR: 65%
    Outcome: Client avoided litigation and restructured debt within 60 days.

  • $500,000 Second Mortgage – Sydney
    Purpose: Bridging loan for business acquisition
    LVR: 68%
    Outcome: Funds settled in 36 hours using equity in an unencumbered commercial property. See more deals

Who Can Benefit from a Second Mortgage?

A second mortgage isn’t just for homeowners — it’s a powerful financial tool for:

  • Property Developers: Release equity tied up in sites for the next stage of funding.

  • Business Owners: Inject cash into operations or seize growth opportunities without selling assets.

  • Investors: Tap into equity for renovations, purchases, or joint ventures.

  • Borrowers with ATO Debt: Avoid court action or defaults by resolving debts fast.

If your bank says no — we say let’s talk.

Second Mortgage Loan Criteria

Criteria
Details
Locations
All Major cities
Financials
Not Required
LVR
Up to 75%
Security Type
Residential, Commercial, Vacant Land
Loan Term
3 to 12 months
Loan Amounts
$50,000 to $20M

Have unique circumstances? We’ll look at deals the banks won’t touch.

How to Apply for a Second Mortgage

  1. Enquire Online
    Give us a few quick details about your property and funding needs.

  2. Get an Offer
    We’ll send a conditional offer — often within 2 hours.

  3. Settle Fast
    We move fast with minimal paperwork and real-time communication.​

Still have Questions?

Is a second mortgage safe?

Yes — it’s secured by your equity, and only requires repayment over the agreed loan term. Our loans are capitalised or interest-only.

 

Do I need the first mortgage lender’s approval?

In most cases, no. We work with second mortgage lenders who don’t require first mortgagee consent, depending on the state .

 

What if I have bad credit or tax debt?

We specialise in scenarios like this. We can work around credit history, defaults, or ATO debt — provided there’s enough equity.

Speak With a Second Mortgage Specialist

Whether you’re in Sydney, Melbourne, Brisbane or beyond — we’re here to get you funded. Call us today or submit an enquiry below and let’s talk about your options.

P: 02 89193639

E: deals@innovatefunding.com.au

Speak With a Second Mortgage Specialist

We help Australians unlock their property equity quickly, privately, and on your terms. Whether you’re under pressure or planning a project, Innovate Funding can tailor a second mortgage to suit your situation.

bottom of page