Hypothetical example for explanation only. This is not a completed Archer Wealth transaction, a credit approval or a promise of an outcome.
Release capital behind an existing first mortgage.
Self-employed borrower with strong equity in a Toorak family home, an existing first mortgage fixed at a rate well below current variable, and a six-figure ATO debt the bank would not refinance into a top-up. Full refinance would have meant losing the fixed first.
Commercial property security, owner-occupier or investment.
SME owner acquiring the industrial warehouse the business already leased. Strong trading cashflow, full doc, but bank credit timeline did not match the vendor's contracted settlement date. Borrower needed to clear settlement to hold the property at the agreed price.