Bridge Loan 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 Loan Home Purchase

Moving to a new place can mark a significant change in the lives of many people, but many Australians have to take pains to sell their current home before they can move on to a new one. They search online for terms such as 'Bridge Loan Eligibility' in an attempt to make the transition easier. But bridging loans can be complex and a hassle when you have to go through the outdated processes of traditional lenders and financial institutions. When you find that you need something to bridge the gap, know that Bridgit is committed to providing you with efficient financing solutions. Our flexible short-term loan options can get you settled and financed in no time. Plus, the process is done completely online, which means no more unnecessary trips to a physical establishment to sign documents or waiting in queues for your number to come up. Finally, you won't have to search for 'Bridge Loan Home Purchase' to get the help you need. We strive to provide the best experience for our customers. We saw how traditional financial institutions' processes turned away potential clients, which is why we built our own custom technology to improve the bridging loan application and lending processes.

With our technology and team of experts, you don't have to look for 'Bridge Loan Home Purchase' online anymore. Let us help you take the first steps in securing our fast bridging loan. So, stop searching for 'Bridge Loan Fee' and 'Bridge Loan For Property' online, and minimise the stress of financing your next dream home. Our fast bridging loan option allows us to accommodate every Australian - whether you're looking for a downsizer bridging loan because of lifestyle changes or considering an upsizer bridging loan because of your promotion at work. Our low doc bridging loan options are designed to help borrowers who do not have the standard PAYG payslips. You can focus on decisions that matter and find a buyer for your current property, no matter the loan you need. Moreover, you don't have to repay two mortgages when you secure your next dream home; we will pay your existing mortgage for you. You will never lose the opportunity to buy your next dream home due to slow financing processes again, thanks to our technology and expert teams.

If you've been wondering about 'Short Term Bridge Loan' and 'How Does A Bridge Loan Work', Bridgit can help get you started. It's so easy. We offer loans from $300,000 to $8,000,000, with exceptions for higher or lower amounts considered on a case-by-case basis. The total loan amount includes a reasonable set-up fee, and the loan term is for a total of twelve months. If you meet our qualifications as a borrower, you can expect a response regarding an approval offer along with the amount you are entitled to receive within 24 hours of submitting your information through our online application. The loan offer will be sent to you, and if you're satisfied with the details, you can accept it by making the initial deposit. Once your current property has been evaluated and you've signed the documents digitally, you can settle in just a few days. You'll be able to place a bid on your ideal property and move in as quickly as possible. If you tap into your house's equity, you won't have to sell your current one to buy a new one. Get in touch with Bridgit's customer support today for questions about 'short term property loans' or 'short term property finance'.

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.