Equity Bridge Loan Definition

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 'Equity Bridge Loan Definition'. Having a busy schedule can make purchasing a new home difficult, but Bridgit is dedicated to making the financing process as smooth as possible. Those who have dealt with traditional lenders or banks know how time-consuming their processes 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. Bridgit loans allow you to gain control of your home's equity quickly, allowing you to close on your new property before the sale of your old one.

Whether you're someone who has been searching for 'Fast Bridging Mortgage', 'Fast Bridging 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, you can use the extra time on your hands to improve the sales deal on your current property. A Bridgit loan can even cover your existing mortgage, so you only have to focus on one. Our prompt turnarounds make sure that you don't have to shell out a fortune for short-term living arrangements.

Now that you know how Bridgit can satisfy your search for 'Loan With Option To Buy' or 'Are Bridging Loans Expensive', you can get started with our simple and straightforward process. On our intuitive online platform, you can get a bridging property loan with a minimum principal balance of $300,000 and a maximum principal balance of $8,000,000. The great part is that the repayment window for loans can be as quick as twelve months, with the establishment cost incorporated in the whole principal balance. That means you can rest assured that you won't be hit with additional fees once your loan has been funded. Getting started is easy; simply fill out our online form with some standard contact information. Within 24 hours, expect us to send you a response with the total amount you can borrow. Once you're ready to go, you can opt for our option and proceed to the stage by depositing a small sum. Once our expert team has reviewed the value of your property and sorted out your fund request, you can finalise everything by virtually signing the official documents. The only thing you have to do now is wait for your home's equity to be unlocked and then secure the property you've been hoping for. For more information about our service or perhaps answers to questions regarding 'short term bridging loan' or 'bridging loan', feel free to contact our customer support team. Apply now!