Correct. There are several lenders out there who will build in covenants relating to non-standard forms of security. Remedies include collateral cures (top-ups and cross-collateralisation, if/when required), guarantors (which is quite common: for example, a personal guarantee by the borrower, or a guarantee given by a related party), or additional collateral (such as you mention: a mortgage over real property).
Regards Kit
MAY Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)