First Mortgages
First Mortgage & 1st Mortgage Loans Australia
First mortgage loans, also known as 1st mortgage loans, provide businesses, property investors and developers with fast, flexible funding secured by residential, commercial or industrial property. A first mortgage is the primary loan registered over a property, giving the lender first priority security and providing borrowers with access to competitive finance solutions.
At Prime Finance, we specialise in first mortgage finance for borrowers who require short-term funding, commercial property finance or business loans secured by real estate. Our 1st mortgage loans are designed for clients who need a fast funding solution outside traditional bank lending, including business owners, developers, investors and self-employed borrowers.
Unlike many banks, our lending process focuses on the strength of the property security and the exit strategy rather than complex lending criteria. This enables us to provide fast first mortgage loans with streamlined approvals and settlements, helping borrowers access capital when time is critical.
Our first mortgage loans Australia can be secured against residential, commercial, industrial and investment properties and may be used for:
- Property purchases
- Business expansion
- Working capital
- Commercial property acquisitions
- Property development and construction
- Bridging finance
- Refinance of existing debt
- Debt consolidation
- Tax debt payments
- Investment opportunities
- Cash flow requirements
Whether you’re seeking a 1st mortgage lender, private first mortgage finance, commercial mortgage loans, or property-backed business finance, Prime Finance offers flexible lending solutions tailored to your individual circumstances.
We understand that every lending scenario is different. Our experienced team provides first mortgage loans in Australia with competitive terms, fast approvals and reliable settlements, helping business owners, property investors and developers secure the funding they need to achieve their goals.
If you’re looking for a first mortgage, 1st mortgage loan, private mortgage lender, commercial property finance, or short-term property finance, Prime Finance can provide tailored funding solutions backed by expert service and fast decision-making.
Residential Property |
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Qualifying Locations |
Major Cities: Sydney (50kms), Melbourne (35kms), Brisbane (20kms), Gold Coast (20kms), Canberra (10kms) Regional Cities: Newcastle, Wollongong, Geelong, Central Coast (NSW) Destinational: Byron Bay, Southern Highlands, Mornington Peninsula, Noosa Note: Regions / suburbs other than the above to be considered on a case-by-case basis |
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LVR |
Major Cities: Up to 75.00% LVR Regional Cities: Up to 65.00% LVR Destinational: 55.00% LVR Loan value to be inclusive of all capitalised interest and fees incurred during the loan period. Maximum LVR’s to be increased further on a case-by-case basis |
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Interest Rates |
RBA Cash Rate Floor: 3.60% Note: Regions / suburbs other than those noted in qualifying locations to be considered on a case-by-case basis, and may incur a higher rate. |
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Commercial Property |
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Qualifying Locations |
Major Cities: Sydney (50kms), Melbourne (35kms), Brisbane (20kms), Gold Coast (20kms), Canberra (10kms) Regional Cities: Newcastle, Wollongong, Geelong, Central Coast (NSW) Destinational: To be considered on a case-by-case basis |
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LVR |
Major Cities: Up to 65.00% LVR Regional Cities: Up to 60.00% LVR Loan value to be inclusive of all capitalised interest and fees incurred during the loan period. Maximum LVR’s to be increased only in areas within 30km of the CBD for Sydney, within 20km of the CBD for Melbourne, and within 10kms of the CBD for Brisbane and Gold Coast, on a case-by-case basis. Minimum capitalisation rate accepted on Valuation: 6.25% |
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Interest Rates |
RBA Cash Rate Floor: 3.60% |
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Industrial Property |
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Qualifying Locations |
Major Cities: Sydney (50kms), Melbourne (35kms), Brisbane (20kms), Gold Coast (20kms), Canberra (10kms) Regional Cities: Newcastle, Wollongong, Geelong, Central Coast (NSW) Destinational: To be considered on a case-by-case basis |
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LVR |
Major Cities: Up to 65.00% LVR Regional Cities: Up to 60.00% LVR Loan value to be inclusive of all capitalised interest and fees incurred during the loan period. Maximum LVR’s to be increased only in areas within 30km of the CBD for Sydney, within 20km of the CBD for Melbourne, and within 10kms of the CBD for Brisbane and Gold Coast, on a case-by-case basis. Minimum capitalisation rate accepted on Valuation: 5.50% |
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Interest Rates |
RBA Cash Rate Floor: 3.60% |
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Retail Property |
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Qualifying Locations |
Major Cities: Sydney (50kms), Melbourne (35kms), Brisbane (20kms), Gold Coast (20kms), Canberra (10kms) Regional Cities: Newcastle, Wollongong, Geelong, Central Coast (NSW) Destinational: To be considered on a case-by-case basis |
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LVR |
Major Cities: Up to 65.00% LVR Regional Cities: Up to 60.00% LVR Loan value to be inclusive of all capitalised interest and fees incurred during the loan period. Maximum LVR’s to be increased only in areas within 30km of the CBD for Sydney, within 20km of the CBD for Melbourne, and within 10kms of the CBD for Brisbane and Gold Coast, on a case-by-case basis. Minimum capitalisation rate accepted on Valuation: 6.25% |
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Interest Rates |
RBA Cash Rate Floor: 3.60% |
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