Bridge Financing For Home Purchase

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.

Bridge Financing For Home Purchase

You may find it difficult to purchase a new home if you're navigating the process of selling your current one. That is why many Australians seek a bridge loan to make the next purchase possible. Hence, an increase in searches for 'Bridge Financing For Home Purchase' 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.

Whether you're someone who has been searching for 'Bridge Lending Loan', 'Bridge House Finance', or other similar terms, our fast bridging loan options can give you the flexibility and terms you need. We have something for every type of Australian borrower - from retirees looking to maintain a smaller home with a downsizer bridging loan, all the way to newlyweds considering an upsizer bridging loan to start a family. It goes without saying that our options will give you a chance to find the right size of property for your unique preferences. Plus, you'd also be pleased to know that we have a low doc bridging loan for those who want to purchase a similar piece of property but have difficulty presenting conventional documents like proof of income. Just take advantage of what we have in store for you and see firsthand how our service can help. For instance, the spare time you'll get can be put into improving the sale of the property you currently own. A Bridgit loan can even cover your existing mortgage, so you only have to focus on one. Our prompt settlement makes it so you don't have to fork out the costs of expensive short-term living.

No more stressful nights spent searching for 'Bridging Finance Brisbane' and 'Green Door Bridging Loans' from now on. It shouldn't take more than a few minutes to get started, as it's simple and straightforward. You will have a term of twelve months to repay your loan. There is a set-up fee that is included in the total loan amount. You can go through the entire process completely online. Just fill out the form with the information we need to determine the amount you can borrow. We can respond within 24 hours regarding your loan approval. Once you are happy with the details of the loan, you can make an upfront deposit to accept the offer and move forward. Once our experts have made the proper assessments of your property, you can sign the documents digitally, and you can get a settlement in just a few days. The next step is to buy and move into your new home. We have an excellent team of customer service representatives in Australia who can answer your questions and help you get started on your bridge loan application. If you're wondering about 'what is a bridge loan' or 'bridge loan calculator', our representatives can help. Get access to your property's equity, and use it to buy your dream home without having to sell your current property first with Bridgit.

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.