Bridging Loans For Retirees

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.

Bridging Loans For Retirees

Most people are more familiar with the process of selling their old house first before purchasing a new one. But the process of selling takes so much time and effort that your chances of being able to get that new house sooner rather than later can be affected. Bridging finance may be a good option if you want to buy your next home before you sell your current one, but then you'd have to deal with banks and other conventional lenders' slow and manual processes. As a non-bank lender, our bridging loans at Bridgit can help you bypass all those frustrating and unnecessary steps. Rather than scouring the internet for information on 'Bridging Loan To Value', you can use our short-term loan options to get the financing you need for that new house now and handle the sale of your previous home from the comfort of your new one. You can finally stop looking up 'Bridging Loans For Retirees' in search of faster options. The technology we have available allows us to deliver fast turnaround times, so you can focus on other important things in your property journey, like sprucing up your old home for potential buyers or getting settled in your new home.

End your search for 'Bridging Loans For Retirees' with Bridgit, and take your first steps towards owning your new dream home by letting us help you minimise the hassle of applying for financing options. Instead of endlessly searching for 'Bridging Loans For First Time Buyers', 'Bridging Loan Without Security', or other similar terms, find exactly what you need for your dream home with our fast bridging loan options. With the help of our technology and expert teams, we're here to empower you by helping you access your property's value without having to sell it first. We've got a financing option for different situations, such as if your children are leaving the nest and you want to consider a downsizer bridging loan, or if you're expecting a new addition to your family and want to apply for an upsizer bridging loan. At Bridgit, we've got you covered, even if you're having trouble proving your income the conventional way and need a low doc bridging loan to finance your purchase. We will accept alternate proofs of income instead of conventional proof of income when you apply for this type of loan. Make the most out of our quick settlement process so you can make tempting offers for your perfect home and never miss out on the opportunity again.

You don't have to waste any more time searching for 'Relocation Loans Australia' and 'Closed Bridging'. Bridgit can help you find what you need. You can receive loans between $300,000 and $8,000,000, though these limits can be exceeded or lowered with approval. There is a reasonable set-up fee built into the total loan amount and a loan term of twelve months. To find out how much of a loan you qualify for, just fill out our online form. Within 24 hours, we will let you know if your loan application has been approved. When you find the terms to your satisfaction, you can proceed by paying an initial deposit. You can get settled in a matter of days once our experts have completed their assessment and valuation of your property and you have e-signed the necessary documents. All that's left after that is for you to buy that new place and move right in. By getting access to your home's equity, you can buy a new home without having to sell your current one. If you have any concerns about 'bridging loan interest rate' or 'bridge loan', don't hesitate to contact Bridgit's customer support 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.