How A Bridge Loan Works

You might have searched 'How A Bridge Loan Works' at some point if you've been looking into bridging loans to finance your new dream home. With long and tedious traditional processes, you are likely to wait weeks or even months. You may already have missed your chance at the dream home by the time you get approved. We saw that the industry was lagging behind in finance options, and everyday Aussies are paying the price. That's why we want to empower Australians to seize the opportunity to buy their dream homes without having to put everything on hold. At Bridgit, we give you access to the value of your property, so you can purchase your dream home without selling your current home. We saw how Australian homeowners were paying the price for slow financial processing; Bridgit incorporates technology by allowing you to apply for bridging loans online. We leverage advanced technology so we can focus on making the bridging loan process easier for you. Not only is working with Bridgit faster than traditional finance processes but everything we do is designed to be more trustworthy. We always aim to provide you with the best solution, no matter your circumstances.

There's no need to scour the internet for 'How Much Can I Borrow On A Bridging Loan' and 'How Long Does It Take To Get A Bridge Loan' in search of help. We offer fast bridging loan options that will work for you no matter what your goals are, whether you are looking to declutter in a smaller home with the help of a downsizer bridging loan or are a pet lover looking for more open space for your furry friends to run about with an upsizer bridging loan. Whatever your lifestyle, we can help you get a loan that works with your budget and needs. If you're self-employed or lack the necessary documentation for a loan but plan on getting a similar property, we also provide a low doc bridging loan option. Take a look at Bridgit's options and see how they can help you to purchase the home of your dreams. With us, you can reach settlement fast, so the property you have been eyeing does not fall into anyone else's hands before you have sorted out your finances. In addition, you won't have to juggle multiple mortgage payments at the same time since your existing mortgage will be paid off. In the meantime, you can have the peace of mind to make better decisions on the sale of your current home.

There's no need to keep weighing over the options from your 'Bridging Finance Brisbane' and 'Bridging Loan Risks' 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. With our online form, you can apply within five minutes, and your information will tell us how much money you can borrow. 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. All you need to do is digitally sign the documents once the appraisal and verification are complete, and you'll receive settlement in a few days. 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 'bridge loan calculator' or 'bridging finance rate', 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.