Mortgage Short Term Or Long Term

Trustscore 4.8

134 reviews

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Simple process icon
5 minute application
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%

Residential Bridging Loan

Buy now, sell later

No monthly repayments
Set-up fee from 0.79%
Min $300K, max $8M

Variable Bridge Rate

We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
i

8.24

%
p.a.
Comparison rate^

8.33

%
p.a.

Bridge Rate from

8.24

%
p.a.
We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
i
Comparison Rate^ from
All rates are variable

8.33

%
p.a.
Apply now
Up to 12 month loan term
Up to 80% LVR
Owner-occupied, investment

Residential Bridging Loan

Buy now, sell later

No monthly repayments
Set-up fee from 0.79%
Min $300K, max $8M

Variable Bridge Rate

We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
i

8.74

%
p.a.
Comparison rate^

8.84

%
p.a.

Bridge Rate from

8.24

%
p.a.
The Bridge rate applies at the start of the loan term. All rates are variable.
We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
i

Stay Rate1 from

7.29

%
p.a.
After the existing properties are sold and there is the residual loan balance remaining, the Stay Rate1 is applied.
All rates are variable.
We offer an introductory rate for the introductory period of the loan term which includes a 1% discount.
i
Comparison Rate^ from
All rates are variable

7.44

%
p.a.
Apply now
Up to 12 month loan term
Up to 80% LVR
Owner-occupied, investment

1

Apply in minutes

Quick and simple online application with bank level security and encryption.

2

Fast approval

Get approved within 24 hours and progress with confidence.

3

Buy now

Make the most of opportunities! Take your time finding your next perfect home.

4

Sell later

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.

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

Going above and beyond for results

The priority that was placed on this file and constant updates was truly appreciated. Thank you for using common sense and finding a solution for our client’s needs on an oddly zoned security.
- Nicole Fox

Great Team

During the stressful times of obtaining Finance, the BRIDGIT Team came to thefore. We are most grateful for their advice and support.
- MTW

The team at Bridgit were remarkably talented

The team at Bridgit were remarkably talented and understands the pressing issues the situation demands. I cannot thank them enough for stepping up to a life saving situation for customers.
- Jehan Fernando

We are so happy we chose Bridgit

We are so happy we chose Bridgit over a bank. Tom, George and Ken assisted us all the way. They explained everything and made the process easy and stress free. We cannot recommend Bridgit highly enough.
- Felicity F

Definitely worth a try

If you're thinking about getting a bridging loan I'd recommend giving Bridgit a try. I found Bridgit to be way more efficient than the big banks. The communication was great too.
- Michael

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

Once we’ve valued the property and completed final verifications, sign the documents and you are on your way to settlement in as little as 48hrs*.

*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.

Mortgage Short Term Or Long Term

When you're trying to sell a house, many factors play a role, such as its condition, location, and price. All things considered, it could take almost half a year to sell. To get the funds you need to purchase a new house, you must sell your current one, which is often a very lengthy process. You could be sitting waiting for your old house to sell, and all the while, your new dream home would be slipping away. It's no wonder that more Australians are considering other finance options by looking up 'Mortgage Short Term Or Long Term' online and settling for traditional bank loans. However, they would quickly find themselves encumbered with tedious, manual processes. We understand that you want the flexibility of bridging loans without having to spend hours on redundant manual processes. Instead of spending time searching 'Is Mortgage A Short Term Loan' online, at Bridgit, we avoid the time-consuming processes and focus more on allowing you to pursue your dream home. We reduce the reams of paperwork you have to fill out so you can focus on making big decisions, such as buying the perfect house. Unlock the value of your property without having to sell it.

Now that our options will help end your search for 'Mortgage Short Term Or Long Term', you can take the first steps to new home ownership by narrowing down your choices at Bridgit. With our fast bridging loan options, you can find exactly what you need, whether you were looking up 'No Doc Short Term Mortgages' or 'Can I Get A Short Term Mortgage'. Consider our downsizer bridging loan if you find that a smaller apartment would suit you better, or maybe our upsizer bridging loan if you could use some extra space to establish your start-up business. On the other hand, if you're a non-standard earner or someone who's self-employed, you can utilise our low doc bridging loan for an easier time. Through this lending form, you'll be able to send us other alternatives to the conventional proof of income documents. Just select an option that suits your unique situation, and experience our service benefits. To start, you can slow down and properly sell your current property, as you'll have peace of mind with the credit we'll present you. You can also eliminate the costs associated with rental apartments since you can comfortably move in right away. Lastly, you can opt to use our funds to pay off your mortgage or even make the most out of our speedy settlements by locking in limited-time housing deals.

If you've been wondering about 'Bridge Loan Meaning' and 'Best Residency Relocation Loan', Bridgit can help get you started. It's so easy. In general, we offer loans ranging from $300,000 to $8,000,000, though exceptions are possible on a case-by-case basis. The total loan amount includes a reasonable set-up fee, and the loan term is for a total of twelve months. If you meet our qualifications as a borrower, you can expect a response regarding an approval offer along with the amount you are entitled to receive within 24 hours of submitting your information through our online application. The loan offer will be sent to you, and if you're satisfied with the details, you can accept it by making the initial deposit. Once your current property has been evaluated and you've signed the documents digitally, you can settle in just a few days. You'll be able to place a bid on your ideal property and move in as quickly as possible. By tapping into your house's equity, you can purchase a new home without having to sell your current one. Get in touch with Bridgit's customer support today for questions about 'what is a bridge loan' or 'short term property loans'.

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.

1 The Stay Rate will only apply if a repayment is made from the sale of Outgoing Properties (or another repayment method approved by us, at our discretion) and the repayment reduces the Amount You Owe to an amount that is equal to or less than your Residual Loan Balance.

^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. For Upsizer loans, a Bridge Rate applies for the first 12 months, followed by a Stay Rate thereafter. For Downsizer loans, only the Bridge Rate applies. WARNING: This comparison rate is true only for the example provided and may not include all fees and charges. Different loan amounts, terms, or fee structures will result in different comparison rates. For interest-only periods, your loan balance does not reduce, meaning you may pay more interest over the life of the loan. Set-up fee from 0.79% and government charges apply.