Second mortgage · Brisbane

Second mortgage finance in Brisbane.

Aurelius Private are private lending brokers on the Gold Coast. For Brisbane owners with equity locked behind a first mortgage, we arrange second mortgages that release it without disturbing the existing loan, placing each one with a private lender from our panel.

The whole thing turns on your equity and your exit, both of which we can assess from here, so an hour's distance does not slow it down.

Position

Second charge

Settlement

~5 days

Combined LVR

To 75%

Term

To 24 months

Indicative only. As brokers we place your deal with the right private lender; final terms are set by that lender.

Equity built fast, locked behind a good first loan

Brisbane's long run of price growth has handed a lot of owners serious equity. The catch is that it is trapped behind a first mortgage most would rather not refinance, especially one on a sharp or fixed rate that a full refinance would break.

A second mortgage releases that equity without touching the first loan. For a Brisbane investor funding the deposit on the next purchase, or a developer topping up a project, it is usually far cheaper than refinancing the whole facility just to reach a slice of the equity sitting in the property.

A second charge behind your existing loan

The loan sits in second position behind your current first mortgage. The first lender stays put; the second lender takes the next charge and prices for the added risk. It is a targeted release of equity for a defined purpose and term, not a wholesale refinance.

It usually runs interest-only and short, with a clear exit such as a sale, a refinance or incoming project funds. Because it ranks behind the first, the rate is higher than senior debt, so it makes most sense when the money it frees is being put to productive use.

Working with Brisbane clients from the Gold Coast

We arrange Brisbane second mortgages from the Gold Coast and handle the first-mortgagee consent and the documentation from here, so the deal keeps moving without you needing us on the ground.

A second mortgage is about leaving a good, cheap first loan alone and borrowing against the equity behind it. The art is placing it at the sharpest rate the combined position supports, and getting the first lender's consent moving early. Give me the numbers on both loans and I'll tell you quickly what's possible.
Rory McGrath
Rory McGrath

Founder and Managing Director, Aurelius Private

Common questions

Do you have a Brisbane office?

No. We are based on the Gold Coast and arrange Brisbane second mortgages from there. It makes no practical difference: the security is a Brisbane property valued on the ground by the lender's valuer, and we handle the first-mortgagee consent and the documentation remotely.

Does my first lender have to consent to a second mortgage?

Usually, yes, and arranging that consent is part of what we handle. Your first loan does not change; the second lender registers a charge behind it. We manage the process so it does not stall the deal.

How much equity can I release in Brisbane?

It depends on your equity and the combined loan-to-value ratio across both loans. Private second mortgage lenders will often take the total up to around 70 to 80% of value on strong residential security. We will run your numbers first.

Why not just refinance the whole loan?

If your first loan is on a good or fixed rate, refinancing just to reach the equity can cost more than it is worth. A second mortgage leaves that first loan untouched and adds only the funds you need, which is usually cheaper for a short-term purpose.

Sitting on Brisbane equity?

Tell us the property, the existing loan and what you need. We will come back the same day on how much you can release.