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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.
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:
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Business expansion or cash flow
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Property development funding
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Paying out ATO debts
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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:
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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
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$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:
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Property Developers: Release equity tied up in sites for the next stage of funding.
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Business Owners: Inject cash into operations or seize growth opportunities without selling assets.
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Investors: Tap into equity for renovations, purchases, or joint ventures.
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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
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Enquire Online
Give us a few quick details about your property and funding needs. -
Get an Offer
We’ll send a conditional offer — often within 2 hours. -
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
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.