Different Types Of Home Loans Australia

Bridging loans are popular among Australians, and it makes sense why. Selling your old house can take a long time, and this might stifle your chances of securing a new one. What's more, traditional lenders often complicate the process with slow and manual processes. It's no wonder why so many Australians have been looking up 'Different Types Of Home Loans Australia'. Bridgit's mission is to minimise disruptions to the daily routines of those looking to purchase a new home. Anyone who has dealt with a traditional lender or bank knows how time-consuming the process can be. Playing this kind of waiting game can be frustrating, but with Bridgit's use of technology to aid with flexible decision-making, you won't have to miss another opportunity due to slow approvals. The requirements and policies of conventional lending fail to consider the unique and fast-paced needs of some potential borrowers. At Bridgit, we offer individualised bridging loans to suit your case. The application process on our site is fast and easy to complete. A Bridgit loan allows you to take advantage of your home's equity within just a few days, allowing you to move into a new home before the sale of your old one is completed.

If you've been searching online for 'Mortgage Long Term Or Short Term', 'Short Term Mortgage Rates', or something similar, you don't need to look any further. We offer a wide range of fast bridging loan options to meet the needs of Australian homeowners, whether you're an empty nester looking for a downsizer bridging loan to move into a cosier little house, a young professional thinking about an upsizer bridging loan after a promotion, or anybody in between. You can focus on getting the ideal home for your needs with our help. And if you're looking to buy a similar property but work independently and don't have traditional documentation like a PAYG payslip - don't worry; we also have a low doc bridging loan option. See for yourself how Bridgit's options can aid you in getting that new house. Taking advantage of our fast settlement process enables you to place a bid almost immediately on your ideal property. You also won't have to pay for hotels or to stay with friends during the transition. You can use your spare time to focus on getting your current home sold. As part of the deal, the loan will even cover your current mortgage, so you only have to worry about one payment instead of two.

There's no need to keep weighing over the options from your 'Bridge Loan In Banking' and 'Loan For Moving Expenses' research. Our simple and straightforward process makes it easy for you to get started. Our bridging property loans have a minimum loan amount of $300,000 and a maximum loan amount of $8,000,000. The current repayment term for the loan is twelve months. The total loan amount includes a set-up fee. In other words, once your loan has been funded, you won't have to deal with any hidden fees. Using our online application takes as little as five minutes, and we can determine how much you can borrow based on the information you provide. Within 24 hours, we'll let you know if your application has been approved. Accept the loan offer by making an initial deposit when you are satisfied with its terms. It takes only a few days to receive settlement after the appraisal, verification, and document signing are completed. Then, you can move forward with the purchase of your ideal home. Don't hesitate to get in touch with our amazing Australian customer support team to find out more. If you have any queries concerning 'bridging finance rates' or 'short term property loan', they will be happy to help. Bridgit can help you tap into your home's equity so you can buy a new house without having to sell your present one.