80 Bridging Loan

Trustscore 4.8

134 reviews

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Why Bridgit

24 hour approval

Progress quickly and buy with confidence. We will come back to you regarding an approval offer in under 24 hours.

No monthly repayments

Avoid the added stress of monthly fees. Repay your loan in one sum after the sale of your existing property.

No missed opportunities

Don't miss out because of slow processes, unlock your property equity in 24 hours.

The Bridgit Solution

At Bridgit, we’re all about helping Aussie homeowners unlock their property wealth. With our specialist bridging loan solution, you can unlock your property equity before you have sold your existing property. We can help you with:

  • Downsizing
  • Upsizing
  • Investing
  • Retirement living
  • Delayed settlements
  • Cosmetic renovations
  • Financial consolidation
  • Marital separation
Learn more
The Bridgit Loan Calculator

Buy now, sell later

$
$
$
$
Buy new property
(less contribution)
$800,000
Existing
mortgage
$500,000
Sell existing
property
$2,000,000
Your estimated loan calculation
Estimated principal amount
$1,300,000
Your cash after sale
$700,000
Estimated principal amount
$1,300,000
(LVR 43%)
Based on the information provided your Loan to Value Ratio (LVR) may be too high. To help you we require some additional information; feel free to get a quote or schedule a call with our team.

Please submit an application or quote to receive a detailed breakdown of your loan amount.

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Simple process, faster approval

Apply online in under 5 minutes and get 24 hour approval. Don’t miss the opportunity to buy your dream home today.

Apply now

Headache free,
stress free

No monthly repayments and up to a 12 month loan term, giving you plenty of time to sell your existing property.

Learn more

Expert support,
Aussie based

Our specialist team is here to support you every step of the way.

About us
Want to know more? Bridgit FAQs

Trusted by customers
who Bridgit

Customer Service at its best.

Everyone I dealt with at Bridgit was helpful and responsive. Candice (BDM) checked in with me regularly to make sure everything was going smoothly and Andrew kept me in the loop. I recommend Bridgit highly.
- Sue Farnham

Get 24 hour approval with Bridgit

01

Submit application

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

02

Accept the offer

Accept your loan offer by making a small upfront deposit and progress your application to the next stage.

03

Purchase your property

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

*Subject to the loan scenario and outgoing lender processes onrefinance (if applicable).

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.

80 Bridging Loan

When it comes to buying a new home, selling your current one can become a major deterrent. That is why many Australians seek a bridge loan to make the next purchase possible. Hence, an increase in searches for '80 Bridging Loan' on the internet. However, traditional lenders' manual and time-consuming procedures can be inconvenient. If you're a homebuyer pressed for time, traditional methods would have you visit a branch in person to sign documents. Because of the complexity of bridge loans, it may take longer for you to receive your funds from traditional lenders, but this is a problem of the past. In just a few days, Bridgit's loans can be completed because we make use of the latest technology. With our online lending service, we strive to make it easy and convenient for you to move into your new home as soon as possible. We won't make you fill out a tedious application form by hand as other banks do. In just a few short minutes, you can fill out an application for bridging loans on our website. Get approved to use your home's equity within 24 hours, and use the money to purchase a new house without having to wait till you sell your old one.

Bridgit's fast bridging loan options are perfect for you if you've been searching for 'Acquisition Bridge Financing' or '90 Bridging Loan' or other similar terms. Regardless of your circumstances or dream home, you have the power to control how you buy and sell. Whether lifestyle changes make it more practical to consider a downsizer bridging loan or you're considering a larger home with an upsizer bridging loan, Bridgit enables you to move flexibly on your own terms. We also offer a low doc bridging loan as a financing option for freelancers and self-employed individuals who have difficulty providing documents of employment or proof of income. You don't have to worry about missing an opportunity at your dream home ever again. We're all about fast yet thorough decision-making, so you don't stress about your application for weeks. Our loan approval response can be sent as soon as 24 hours after we receive your application. In fact, Bridgit will even cover your existing mortgage, so you no longer need to worry about having two. Our prompt settlements leave you free to focus on finding your dream home, rather than spending thousands on short-term living expenses.

Whether your search involves 'How Does A Bridge Mortgage Work' or 'Refinance Bridging Loan', Bridgit can get you started with our straightforward process. You can easily secure a bridging property loan with a minimum amount of $300,000 and a maximum of $8,000,000. Then, you can opt to repay the loan in twelve months. You don't have to worry about being hit with additional fees once your loan has been funded. Simply fill out our online form with your relevant information and get started. Typically, you will receive a response within 24 hours regarding the approval of your loan application. You can accept the offer when you are ready by placing a small deposit and moving on to the next phase. You can sign the official documents virtually once our expert team has completed its final assessment of your property. Now that you've unlocked your home's equity, all you have to do is purchase your dream property. If you have any questions about 'bridging loan interest rate' or 'short term property finance', feel free to contact our customer support team. Unlock the equity of your old house to buy your dream home. Apply now!

A woman wearing headphones and a black shirt.

Aussie based crew

We’re here to help, if you have any questions get in touch.

Weekdays 9am – 5:30pm

1300 141 161

Disclaimer

Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.

^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates. Comparison rates for interest only loans will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Bridging Loan set up fee is from 0.79% and government charges apply.