Stop repossession on your property with fast refinance finance

A default notice or a statement of claim does not have to end with the bank selling your property out from under you. If your loan is secured against an investment or business property and you can show a clear way out, there is usually finance available to clear the arrears, pay out the existing lender, and give you the breathing room to sell on your terms or refinance properly. Windsor Finance is a broker. We do not lend our own money. We take your situation to a panel of bank and non-bank lenders and find the one that will act in time.

You probably did not get here overnight. A tenant stopped paying. A development ran long. A business hit a cash-flow wall and the mortgage fell behind. Now there is a default notice with a deadline, or worse, a court date and a lender already talking about taking possession. The pressure is not just the debt. It is the speed. Your current lender has stopped negotiating. A normal refinance through another bank takes four to eight weeks, and you may have days. Sell in a hurry and you risk a fire-sale price, or a forced mortgagee sale that wipes out your equity entirely. That is the gap short-term property finance is built to close. The goal is simple. Stop the clock, protect your equity, and exit on a plan you control rather than one the lender imposes.

The mechanism is refinance, not rescue. A new lender pays out the existing lender in full, including arrears and any default costs, and takes over the security. The repossession action falls away because the debt that triggered it is gone. You then hold a short-term facility with a planned exit, usually a sale at a fair price or a refinance into a longer-term loan once your position is repaired. Three product paths fit this situation, depending on how clean the file is and how fast funds must move. Bridging finance. Short-term, property-secured funding to clear the existing mortgage and the arrears, then bridge to a sale or a proper refinance. Indicative cost runs roughly 6% to 12% per annum on near-bank bridging, with LVR up to around 75% of value on standard security. Indicative terms in 24 to 48 hours; settlement commonly in one to three weeks. Read more on the bridging loans hub. Private and caveat lending. The fastest money on the panel. A private credit fund or private lender takes a first or second mortgage, or a caveat, and can settle in days where the security and the exit are clean. It is the most expensive option, commonly 9% to 18% per annum or priced monthly, plus an establishment fee. You use it because it moves faster than anything else and because the total cost over a few months is far smaller than losing the property. See the private and non-bank lending page. Non-conforming refinance, where a default has already hit your credit file, draws on short-term lenders who price on the security and the exit, not the score. A low-doc or non-conforming lender will often take a deal a bank declined, at a more conservative LVR of around 65% to 75% and a higher rate, with a clean bank refinance planned as the later exit.

It works when three things line up: there is real equity in the property, the property is in Australia, and there is a credible exit. The exit is the part lenders care about most. It can be a sale at a sensible price, a refinance to a term facility once arrears are cleared, the settlement of another asset, or a return to prime lending after twelve months of clean repayments. Most of this lending is business-purpose or investment-purpose finance, which is generally not regulated under the National Consumer Credit Protection Act. That covers commercial property, development sites, and residential property held for investment by a company or trust. Where the property is the home you live in, the loan is consumer credit and different rules apply. We will tell you honestly which side of that line your deal sits on at the first call. Windsor Finance is a finance broker. The purpose of each deal is confirmed in writing before it proceeds. Every cost is disclosed in writing, up front, before you commit.