Benefits Of Bridge Financing

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.

Benefits Of Bridge Financing

When you're trying to sell a house, many factors play a role, such as its condition, location, and price. All things considered, it could take almost half a year to sell. Before buying a new home, you would have to sell your old house first, which can be a very stressful and time-consuming process. You could be sitting waiting for your old house to sell, and all the while, your new dream home would be slipping away. It's no wonder that more Australians are considering other finance options by looking up 'Benefits Of Bridge Financing' online and settling for traditional bank loans. However, they would quickly find themselves encumbered with tedious, manual processes. We understand that you want the flexibility of bridging loans without having to spend hours on redundant manual processes. Instead of spending time searching 'Banks Offering Bridge Loans' online, at Bridgit, we avoid the time-consuming processes and focus more on allowing you to pursue your dream home. Our fast turnaround times also allow you to focus on big decisions like buying a home instead of spending time filling out lots of paperwork. Unlock the value of your property without having to sell it.

Seeing that you want to put an end to your search for 'Benefits Of Bridge Financing', you can now start your journey to new home ownership at Bridgit. Benefit from our fast bridging loan options that can align with your unique needs as a homeowner - whether you were curious about 'Best Bridge Loan Lenders' or maybe 'Banks That Offer Bridge Loans'. If you're retiring and looking for a much more manageable space to move into, then our downsizer bridging loan will surely meet your standards. In the same light, if you want more space for your home business, you can opt for our upsizer bridging loan. Are you having trouble showing conventional documents such as proof of income? In that case, the common-sense approach we've implemented for our low doc bridging loan will make everything easier. Just match your situation and lifestyle with one of our options to experience unique advantages. First off, you can take your time when it comes to putting up your house for sale as the credit we'll wire can be used for the new property. You'll also get to avoid short-term rental fees and storage services when you choose our offer. Last but not least, the funds we'll send can pay off your mortgage obligation, and our quick settlement will let you lock in property opportunities sooner than others.

Whether you're wondering about 'Equity Bridge Loan Definition' or 'Bridging Brokers', you can trust Bridgit to deliver quick solutions to you with our expert team. By financing a bridge loan through Bridgit, you won't have to wait weeks or even months for settlement. Our bridging loan application takes just a few minutes to complete, and you will hear about the status of your application within 24 hours. Your application status can be checked at any time through our customer portal, where you can find live updates. If it is approved, then our expert team will appraise your property value to help you determine how much you can loan with Bridgit. After that, you can choose to accept the loan offer by making a small deposit to proceed. Once we've completed the final verifications, all you need to do is sign the documents electronically and purchase your dream home. There's no rush to pay off your Bridgit loan; you have up to twelve months to pay off your loan using your old property. If you're wondering about 'short term bridging loans', 'short term bridging loan', or any related question, you can contact our support team. Unlock the potential of your home, and empower yourselves. Let's talk about how you can unlock your property equity today.

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.