Collection of articles, guides, tips and success stories to keep you up to date on all things Bridgit.
.png)
This week TechLend was featured on the Today Show by finance editor and money expert, Effie Zahos. Courtesy of our proprietary technology, we are excited to announce that we now offer pre-approvals for bridging loans within the hour.
.png)
According to a recent EY fintech report, the global implementation of fintech has grown by over 48% in just three years and of the 27,000 surveyed, 96% demonstrated awareness of fintech.
.png)
Just two months into our journey of becoming Australia’s first choice for non-bank lending, we are thrilled to announce we have hit $100M in loan applications from right across the country. TechLend has experienced unprecedented demand for our same day pre-approved bridging loans, with lockdowns seemingly having no effect on the market as virtual inspections and auctions become widely accepted.
.png)
We are proud to share our recent success of securing an additional $50 million in funding from Silicon Valley-based fund Partners for Growth (PFG). Our goal is to revolutionise the way homeowners buy and sell property, and PFG recognises the opportunity that exists in bringing a customer-centric, and technology-led mindset to redefine what it means to secure property financing.
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.
Here’s how our BDM, Jolene Farrow, helped Shaun Jones, Senior Mortgage Broker at Mason Finance Group secure a loan for his client, a downsizer looking for a quick settlement when a traditional lender let her down after her auction win.
For many retirees, accessing the equity in their home can be a powerful way to meet financial needs. It can often be the key to unlocking much-needed funds for things like home improvements or other urgent needs.
.png)
At Bridgit, we’re dedicated to helping our brokers and their clients navigate property transactions smoothly. Meet Arthur, a recent Bridgit customer who wanted to move from the Melbourne city to the countryside. Read more about how we made this Aussie homeowner’s dream move possible.
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.
.png)
With Bridgit's help, Chris and Sharanne quickly secured the keys to their dream Sydney home. Read on to find out how Bridgit enables Aussie homeowners to buy their next home on their own terms.
.png)
With a helping hand from Bridgit, Mark and Kay were able to secure the keys to their dream Sydney apartment in a short space of time. Keep reading to learn more about this customer success story and how Bridgit allows Aussie homeowners to purchase their next property on their own terms.
.png)
This month, we were stoked to help Queensland homeowner Adam, when his traditional lender fell through with financing just days before settlement.
Mark found a home he loved that was going to Auction in a couple of days time, he hadn't sold his home or organised a finance solution yet but didn't want to miss out on the opportunity for the perfect property.
.jpg)
Within 24hrs of applying with us Justin was conditionally approved for a Bridgit loan, allowing him to secure his family’s new home that same evening!
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.
.png)
After waiting months for loan approval with her current lender, the Aussie homeowner was about to lose her dream property along with the already paid deposit.
.png)
NSW Macmasters Beach homeowner, Frances found the perfect property for her daughter to relocate to in tropical QLD.
.png)
The month of November was an exciting one here at Bridgit as we financed our first upsizer!
.png)
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.
This month, Stephen Doyle, Head of Distribution at Bridgit, highlights the true value of bridging finance, from saving on rental costs to enabling your clients to jump on the best property opportunities.
.png)
This month, Colin Bentley, Head of Credit at Bridgit, takes us through why bridging is often misunderstood, and shares strategies to help you confidently present it as a valuable solution for your clients.
.png)
With faster approval times, specialised loan products and more customised solutions, non-bank lenders are rising in popularity for borrowers across Australia. Let’s explore how non-bank lending is disrupting property finance and the opportunities it offers homeowners and buyers.
.png)
Let’s walk you through five of the best ways to add value through renovations to help you get the best bang for your buck.
.jpg)
Technology has changed our lives drastically over the last 2 decades and will continue to offer more and more opportunities to help us progress in our lives.
.png)
Here are the top 3 reasons why a bridging loan with us might be a good option for you!
.png)
Six years ago, the concept of buy now, pay later revolutionised the way we consume material items. If we can buy first with every other material object, why not the roof we live under?
According to a recent EY fintech report, the global implementation of fintech has grown by over 48% in just three years and of the 27,000 surveyed, 96% demonstrated awareness of fintech.
This week TechLend was featured on the Today Show by finance editor and money expert, Effie Zahos. Courtesy of our proprietary technology, we are excited to announce that we now offer pre-approvals for bridging loans within the hour.
.png)
An Aussie bus driver who was struggling to pay down his debt after his repayments doubled has revealed the steps he took to become mortgage free.
.png)
Australian fintech Bridgit has set its sights on transforming bridging loans, offering speed through technology where others have exited the niche asset class.
.png)
Bridgit has won the title of Best Lending Innovation at the Finder Innovation Awards 2023. This comes hot on the heels of news that Bridgit was a finalist in Finder’s annual awards program, which recognises Australia's most forward-thinking businesses.
Bridgit has been named a finalist in the Best Lending Innovation category of the Finder Innovation Awards 2023 – the same category it won last year.
.png)
I recently had the pleasure of embarking on a road trip with the Bridgit team to meet with our partners and educate them about the Bridgit solution. Along the way, I gained insights into some of our partners' top trends and concerns. Here are the top talking points I came across on the Bridgit Roadshow.
Let’s take a look back at 2022 and share our biggest wins, pinch-us-moments as well as our impact and strides in sustainability.
.png)
Many Aussie homeowners are forking out thousands of dollars on temporary living accommodation before moving into their new home – an avoidable expense for those who choose to sell their property first.
Bridgit has won the Finder Award for Best Lending Innovation for 2022! We’re thrilled to be recognised as the Most Innovative Lender for our tech-first lending solution.
.png)
Discover Bridgit’s highlights, wins and learnings from our first year in business and how we’re revolutionising access to bridging loans for Australian homeowners.
Just two months into our journey of becoming Australia’s first choice for non-bank lending, we are thrilled to announce we have hit $100M in loan applications from right across the country. TechLend has experienced unprecedented demand for our same day pre-approved bridging loans, with lockdowns seemingly having no effect on the market as virtual inspections and auctions become widely accepted.
We are proud to share our recent success of securing an additional $50 million in funding from Silicon Valley-based fund Partners for Growth (PFG). Our goal is to revolutionise the way homeowners buy and sell property, and PFG recognises the opportunity that exists in bringing a customer-centric, and technology-led mindset to redefine what it means to secure property financing.
.png)
Bridgit, your new bridging loan specialist. Who are we? Bridgit launched last year as a new non-bank lender specialising in bridging loans after we noticed a need in the market not being met by traditional lenders. Our aim? To revolutionise bridging loans through state-of-the-art technology allowing Australians to purchase their next home quickly and with little fuss.
Whether you’re trying to lock in a new property before prices rise or need extra breathing room to maximize the sale of your current home, a bridging loan can smooth the process.
.png)
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.
.png)
As the property market remains ever changing, it's important to have a solid financing strategy in place. That's where Bridgit comes in - offering a fast and alternate way to access the funds you need via a bridging loan, so you can take advantage of new opportunities and avoid some of the struggles that can come with buying and selling property.
Let’s dive into everything brokers and their customers need to know about no-end debt and end debt bridging loans and what their advantages are.
Ready to learn how you can stand out from the crowd? Let’s run through five ways you can gain a competitive edge as a mortgage broker and why working with specialised, non-bank lenders is key to your success.
.png)
Whether you’re upsizing, rightsizing or downsizing, bridging loans are a great flexible, cost-effect way to move on your own terms. Let’s dive into five of the most common myths about bridging loans and what you need to know.
.png)
At Bridgit, we’re proudly filling the gap in the market with a dependable bridging loan solution that meets the needs of Australian homeowners and the mortgage broking industry. Let’s run you through five key ways Bridgit is built with modern borrowers and brokers in mind.
To help you make an informed decision about which loan is right for you, let’s dive into everything you need to know about the types of short-term property loans available.
.png)
While upsizing comes with a tonne of benefits, it’s important to understand how the process works and what it takes to secure an upsizer home loan. Not sure where to start? Keep reading to discover everything you need to know about upsizing as a homeowner.
.png)
Before you start your property search, there’s a stack of practical steps you can take to make the downsizing transition as smooth and stress-free as possible. Read this weeks blog to discover five practical downsizing tips that will help you make your move with ease.
To help you weigh up your options for your next property purchase, let’s run you through how equity works and how you can access the value in your current home to help you secure the keys to your next property.
.png)
Ready to find out what it's like to work with a digital lender to secure a loan? Let’s run you through how non-bank lenders work and what to expect every step of the way.
.jpg)
If you are planning to downsize, it may be relatively easy to sell your home in today’s competitive residential property market but buying a new property could prove a lot harder.
Found your dream home but haven’t sold your existing property? Is your bank taking too long to give you mortgage approval? Are you looking to renovate and then sell? A bridging loan could be for you.
