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 today’s fast-paced property market, securing your dream home before it’s gone can be challenging. Let’s run through how Bridgit’s bridging finance solution allows buyers to purchase their next home before selling their current one.