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Location: Erina, NSW
LVR: 55.8%
Loan Amount: $3.1M
Use of Funds: Buy before you sell
Scenario: Today, we guarantee funding in one of the shortest times in the world with competitive financing rates and without compromising risk, changing the game entirely when it comes to buying a new property. For Aussie homeowner Justin, this meant the difference between buying his next dream home and missing out on the opportunity completely.
Despite meeting all eligibility requirements to purchase his next property, Justin was at a whit's end when traditional lenders weren't able to provide the financing he needed fast enough to snatch up his next property.
Within 24hrs of applying for a Bridgit loan, we were able to conditionally approve him for bridging finance, allowing Justin to secure his family’s new home that same evening.
We are thrilled to have helped another Aussie access the fast and flexible property financing they deserve!
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.
