Location: Wollongong, NSW
LVR: 51%
Loan Amount: $1.1M
Use of Funds: Downsizing
Scenario: This month we spotlight a Sydney property owner, Dora. Dora applied for a Bridgit loan needing access to fast bridging finance having already purchased a property due for settlement in under a month.
Thanks to our flexible lending criteria we were able to take Dora’s current situation including a change in employment and help her downsize to a stunning 3 Bedroom unit in Sydney’s South Coast.
We are thrilled to have helped another Aussie access the bridging finance they needed to settle on time and stress-free.
In the fast-paced world of real estate, timing can make all the difference. For one homeowner, navigating the usually lengthy process of securing a loan meant risking the loss of her dream home. Read more about how we helped this homeowner secure her next home to better suit her lifestyle - “I can clean this place in like half an hour!”
Meet Sue and Ralf - retirees from North NSW who were able to move into their dream retirement home with our fast and accessible single security bridging loan. Read more about Sue and Ralf’s story.
When negotiations for a same-day settlement fell through, this homeowner’s broker reached out to Bridgit in need of urgent bridging finance.
