Convertible Bridge 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.

Convertible Bridge Loan

It is difficult to sell a house. From its condition and location all the way to your asking price, you might find that the ideal buyers are few and far between. Each time that happens, you end up spending more on temporary living accommodations and storage fees for your furniture and clothing. The problem you're facing is common among many Australian homeowners. In fact, more and more Australians are searching for 'Convertible Bridge Loan' online and finding out what they need are bridging loans. However, you already know how slow and difficult traditional bank lenders can be. So instead of spending hours searching for 'Short Term Contract Mortgage' online, you could be bridging the gap with Bridgit. Instead of being constrained by limitations, you could pursue your dream home on your terms. We provide Australian homeowners with modern, digital financing solutions that allow them to take the next step in their lives without the hassles of traditional lending. You can unlock the value of your property without sitting in line for hours.

With our technology and team of experts, you don't have to look for 'Convertible Bridge Loan' online anymore. Let us help you take the first steps in securing our fast bridging loan. So, stop searching for 'How Does Mortgage Work When Selling And Buying A House' and 'Short Term Rental Property Loan' 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. No matter the reason or loan you're looking for, you can simply focus on decisions that matter and secure a buyer for your current property. 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.

Instead of searching for 'Green Door Bridging Loans' and 'Financing Gap Formula' online, learn how Bridgit can help empower your decisions through our client-forward terms and conditions. There are no exit fees in case you happen to resolve your bridging loan before the end of the twelve-month loan term. It only takes a few days to go from loan application to property appraisal and signing settlement documents. Just fill out our application form, and we'll get back to you within 24 hours regarding your approval. Then when you are satisfied with the conditions of the loan offer, accept it by making the initial deposit. After we have done the appraisal and verifications of the property, all that is left for you to do is sign the documents, and you can be on your way to settlement in as little as a few days. Equity can be an excellent resource to speed up the process of buying your next property. If you ever have any inquiries about 'bridging loan calculator' or 'bridge financing', then feel free to contact our support team. Unlock your property equity before you sell. Talk to us at Bridgit 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.