Loans. 2nd Mortgages. 48hr Caveats.
Ask about our FirstLook* quote offer!

Priv 1st Mtg's fr 8.95%1p.a - Caveats & 2nd Mtg's fr 15.95%1p.a

do i qualify for a loan - fast free quote

Call from 8am to 9pm Mon-Sun and speak to approval manager Rob Kirk

1300 859 075

* FirstLook is an ongoing offer unique to Platinum. Our private lenders beat competitor quotes

Specialists in private, bank and non-bank loans, 2nd Mortgages & 48-hr Caveat loans. If your purpose is: property equity release, property purchase, business purchase, refinancing of loans & caveats, construction or development of property, bridging finance, business expansion, to increase cash flow, to pay tax or other work related expenses eg. wages, legal fees, advertising etc, payment of Council approvals/Head works etc you've come to the right place!

We don't charge up-front fees. In the unlikely event you aren't successful in obtaining a loan - then you'll pay $0.

Credit reports

We are difficult loan specialists and don't focus on credit history. Personal credit reports not required on private loans

FirstLook quoting

is unique to platinum. Quote-matching or bettering the quotes from our competitors across Australia

Save on loan fees

We, and our private lenders, don't charge establishment fees, commitment fees or application fees - many of our competitors do!

Longer loan terms

60 days for private loans (personal), min 2 months to 7 years for private loans (business), 30 years for bank and non-bank loans

Tell us now online

or take just 2-3 minutes to complete a short-form pdf application for private funds

Private Loans for Corporate Trustees of
Family Trusts, Self-employed Business Owners with or without a Pty Ltd Company, Employees & ABN Holders

Australia's largest range of private and non-bank funding solutions are on offer to homebuyers and homeowners, business owners and company owners, ABN holders, SMSF's and Corporate Trustees of Family Trusts. Our clients may not have financials, may have paid or unpaid credit defaults, have Judgments or current and previous loan arrears, are recently out of bankruptcy including part 9 or part 10, require equity released from existing property, want to consolidate debts, payout ATO debts, cannot get a bank or non-bank loan, are too old for a traditional loan, need to refinance existing 1st mortgage private loans, 2nd mortgages or caveat loans. Whatever your situation, it's very likely we may be the only finance brokerage in Australia with a loan solution that can assist your specific situation.

Download an application pack, complete, send back and be ready for a call and loan offer.

Our Private Loan interest rates are often cheaper than Credit Card rates
from 8.95%1pa

We have Australia's largest range of private lenders to suit most situations and they want to lend to you! It may be for a property purchase or against the equity in an existing property. For these types of loans, we skip all the red tape and paperwork involved with traditional lenders and Banks allowing our lenders to approve and settle very fast when others cannot - usually within 48 hours. Private loans are secured on a range of property including Residential, Commercial, Retail and Vacant Land. Loans are available in all capital cities and many regional areas (on a case by case basis).

1Discounted rates vary from lender to lender and subject to availability at time of application

  • No application or establishment fees!

  • Up to 24 months of interest & fees into the loan

  • Annual rollovers for further 1-year terms on loans up to 5 years

  • Interest rate is matched to borrowers situation

Why a loan from Platinum Mortgages is your smartest choice

Funds available

Our funding lines are unlimited. We have lenders to suit most situations and can lend across Australia. 48-hr caveat funding line available

No financials*

Business financials, tax returns, profit and loss, balance sheets and accountant letters are not required for private loans

Easy applications

Our simple application process means minimum documentation is required for most loan products. BYO Vals accepted*

Fast settlements

As soon as your loan is indicatively approved and lender conditions satisfied, funds into your nominated account within days! Need urgent funds in 48-hours?

Working
capital

Creditor
payments

ATO/BAS
obligations

Business
expenses

Business investment
and expansion

Private Funding
Property and Business

Save time & money - Platinum Mortgages ticks all the boxes!

Platinum Mortgages is a leading Mortgage Originator, Mortgage Broker and Caveat loan provider. Our loans and fast caveats are designed for PAYG employees, self-employed business owners with and without a company, family trusts, ABN holders, SMSF's and retirees (60+). Our private loans and caveats have no limitations on a borrowers age and no requirement to demonstrate income. Our loans and caveats are provided by non-bank lenders & private lenders. Platinum's been in the mortgage business since 1996. A comprehensive range of private funding lines are in place with a strong track record of successfully assisting buyers and property owners with all types of loans and caveats. Our ongoing FirstLook offer ensures all of our private loans have interest rates and fees that are considered best-in-market.

***Our private lenders will do whatever it takes to make sure they're your lender***

Private 1st Mortgages
Interest Rates 1
  • Up to 60% lvr from:
    8.95% pa
  • 60.01% to 80% lvr:
    0.83% - 1.25% pcm
  • Applicable Fees
    Lender, Legals, Valuation (if applicable) & Brokerage
  • Term
    Min 2 months - Max 5 years
  • Amounts
    $30,000 – $10,000,000
  • Max LVR
    Capped at 80% incl fees & interest
  • Locations
    All Capital Cities & most Regional Towns
  • Valuations (refunded at settlement)
    Platinum at time of your initial enquiry will advise if a valuation is req'd and type of valuation req'd. Valuation types include: Sworn, Exempt, Desktop, Agent Appraisal. BYO considered
  • Exit Plan (paying back of loans)
    Refinance, sale of asset/stock, working capital, inheritance, outstanding work/invoices, commissions due
  • Loan Purpose for ABN holders - documentary evidence (not req'd for personal NCCP borrowers and Pty Ltd borrowers)
    Starting a business, business bond, business taxes, purchase or investment in business assets, business stock, business equipment, business invoices, purchase of shares, refinancing a margin loan
Fast 2nd Mortgages & Caveat Loans
Interest Rates 1
  • Up to 65% lvr from:
    15.95% pa
  • 65.01% to 80% lvr:
    1.75% - 2.5% pcm
  • Applicable Fees
    Lender, Legals, Valuation (if applicable) & Brokerage
  • Term
    Min 2 months - Max 7 years
  • Amounts
    $30,000 – $1,000,000
  • Max LVR
    Capped at 80% incl fees & interest
  • Locations
    All Capital Cities & most Regional Towns
  • Valuations (refunded at settlement)
    Platinum at time of your initial enquiry will advise if a valuation is req'd and type of valuation req'd. Valuation types include: Sworn, Exempt, Desktop, Agent Appraisal. BYO considered
  • Exit Plan (paying back of loans)
    Refinance, sale of asset/stock, working capital, inheritance, outstanding work/invoices, commissions due
  • Loan Purpose for ABN holders - documentary evidence (not req'd for personal NCCP borrowers and Pty Ltd borrowers)
    Starting a business, business bond, business taxes, purchase or investment in business assets, business stock, business equipment, business invoices, purchase of shares, refinancing a margin loan
Non-bank & Non-conforming Home Loans
Interest Rates:
  • Variable P&I O/O from:
    3.64% pa
  • Variable P&I Inv from:
    4.24%2 pa
  • Applicable Fees
    Package &/or Application
  • Term
    Min 1 year - Max 30 years
    Fixed 1 year to 5 years
  • Amounts
    $50,000 – $2,500,000
  • Max LVR
    Up to 95% inc LMI. Capital Cities & 90% Major Regional areas with pop of 10,000+.
    Rate when packaged2
  • Valuations
    Not always required. Fee fr $0, $250 to $350. Desktop avail
Private SMSF Mortgages
Interest Rates 1st Aug 2018:
  • Private SMSF 60 - 70:
    4.99% - 5.49% pa
  • Private SMSF 70 - 75:
    5.99% - 6.19% pa
  • Applicable Fees
    Application, Establishment, Valuation, Legal, Settlement & Brokerage
  • Term
    30 years
  • Amounts
    $50,000 – $750,000
     
  • LVR's
    60%, 70% & 75%
  • Valuations
    Always required. Fee $250.

Unique FirstLook offer. Fast quotes.
Fast processing. Fast decisions. Fast settlements!

We know your requirements for funds may be urgent. That's why we get to Yes FAST and transfer without delay

  • Tell us your requirements by clicking here

    A consultant will assess your loan request and present you with a preliminary quote i.e amount available, estimated interest rate and a fee schedule

  • Quote is accepted and you wish to proceed

    Application form is processed, valuation ordered & documentation requirements returned. An indicative loan offer is issued by the lender

  • Loan offer accepted
    preparing for settlement

    Standby to receive the loan documents, attend lender & solicitor requirements, sign-up then get ready for settlement funds to be transferred. Easy!

Who are Platinum Mortgages clients?

PAYG salaried employees, self-employed with a Pty Ltd Company, Family Trusts, ABN Holders, SMSF Trust's and Non-residents. Also included are business owners that may not have up-to-date financials or tax returns. May have missed loan repayments, have credit defaults, court judgements or recently out of bankruptcy. Are a new business without financials. Already have a 2nd mortgage or caveat loan and require a refinance or rollover for further terms. We don't judge or discriminate.

I'm a self-employed business owner and a property owner but I don't qualify for a bank loan at this time

Plumbing Contractor

Brisbane

I'm a property developer using property equity to buy vacant blocks of land. I build new homes and subdivide to earn my living from property sales

Property Developer

Perth

My business is very profitable but has its ups and downs with sales. Often I require a working capital loan to pay wages and bills

Furniture Manufacturer

Melbourne

What is a Caveat?

A caveat is a form of injunction – it’s an order made by a court requiring a person to do or stop doing a particular act. It essentially prevents the owner of the property from selling the property without the caveator’s (the person who filed the caveat) consent.

A caveat generally prevents the registration of any transactions affecting a property e.g. transfer, mortgage or lease on a property. It notifies the caveator when a third party is attempting to register a dealing on the property or where the owner is transferring the property.

A caveat does not give a caveator a right to possess the property or sell the property.

You can lodge a caveat if you have an interest in the property that you cannot protect by registration of a mortgage. However, if you lodge a caveat without reasonable cause, you may be liable to pay compensation to the owner if they suffer any losses or damages as a result of the caveat.

Caveats are usually used as some kind of security particularly for some loans. The borrower (and owner of the property) can authorise the lender to lodge a caveat on the property.

What is a Mortgage?

A mortgage is actually not a loan as most people would think. It is a registrable form of security that can guarantee the payment of a debt or loan. A mortgage creates a security interest (legal claim) in the property with the home owner (also known as the mortgagor).

A mortgagee (the lender in a mortgage, typically a bank or private lender) does not have title to or possession of the property. But if a borrower (aka mortgagor) is in default on a loan, the lender (aka mortgagee) can exercise certain remedies if the borrower defaults.

An unregistered mortgagee does not automatically have statutory powers to sell the property as a registered mortgagee. It is not uncommon for banks and lenders (mortgagees) to send borrowers with letters of demand requesting payment of the loan before seeking to enforce their rights through court.

The following remedies are available to a mortgagee when the mortgagor defaults:

  • Take possession of the property occupied by a tenant by giving the tenant a written notice explaining that the mortgagee is taking possession and that the tenant now pays the rent to the mortgagee; or
  • Bringing Court proceedings against the mortgagor for:
  • possession of the property
    selling the property
    obtaining a monetary judgment
    obtain an order for foreclosure

    If you would like to know more about Mortgages and Caveats and how they operate or effect you, you are urged to seek your own legal advice.

The National Consumer Credit Protection Act 2009, or NCCP, is legislation that’s designed to protect consumers and ensures ethical and professional standards in the finance industry. Lenders and mortgage brokers must hold a credit licence or be registered as an authorised credit representative. The NCCP is regulated and enforced by ASIC in accordance with the National Credit Code(NCC).

What is a Regulated loan? - As a general rule, almost all home loan types and applications are regulated under the Act. The rules for this are complicated, however, a loan is likely to be regulated if the borrower is a natural person, a charge is made for providing the credit and the credit provider provides the credit in the course of a business. The credit is provided wholly or predominately for personal, domestic or household purposes. Or to purchase, renovate or improve residential property for investment purposes. Or to refinance credit that’s been provided wholly or predominately to purchase, renovate or improve residential property for investment purposes. This means that most standard home loans are regulated under the NCCP Act.

What is an Unregulated loan? - There are exceptions that aren’t regulated by the NCCP Act. Home loans that are unregulated include loans in the name of a Company (i.e. not to a “natural person”) or loans used predominantly to invest in commercial property, shares or a business.

Don’t risk wasting your money, time and fees by being declined by other lenders – call us today on 1300 859 075!

It's a unique offer available only to clients and borrowers of Platinum Mortgages. It's limited to private loans that are secured by 1st mortgage, caveat or 2nd mortgage. Platinum Mortgages is unable to compete on bank or non-bank interest rates.

Private lenders that provide their funds to Platinum Mortgage borrowers wish to see all quotes and offers issued by our competitors to either better or match interest rates, better or match the fees or improve the loan features and/or term of the offer. Our private lenders have unlimited funds available to lend from 2-months to 7-years.

Our lenders have confirmed they will better the quotes from competitors of Platinum Mortgages. They know there are many loan proposals from clients across Australia seeking private funds every day that they simply don't get to see. If they can win the business by matching or bettering the interest rate or the fees or the features, term etc, they will!

Imagine your surprise at being quoted a 2nd mortgage interest rate of say 3-5% per month from one of our competitors only to discover that Platinum Mortgages could have offered the exact same loan or caveat for only 1.33% per month...

We offer loans from a range of lenders

Tell us your requirements
for an immediate assessment, quote and offer on any of our private loans, fast caveat loans, 2nd mortgage loans or home loans - it's free!

We provide loans in all capital cities and regional* locations (*case-by-case basis). We don't credit check or charge fees to prepare quotes or offers. Quotes and offers are obligation-free. Our lenders don't charge commitment fees saving you hundred$. Our lenders don't have application fees or establishment fees - saving you $0,000's

Discuss your mortgage or caveat loan requirement with Director & Loans Specialist Robert Kirk. Benefit from his many years of experience in both private and bank/non-bank lending!

Call now for a confidential discussion on 1300 859 075