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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!
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This month, Nikki Pelizzoni, Regional Director at Bridgit, explains the broad range of clients that can benefit from access to bridging finance and how bridging can solidify your client relationships.
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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.
In the fast-moving world of real estate, speed is key. Here’s how we helped a Bridgit customer secure a bridging loan for an investment property that was ready to settle in just three days.
