Residential Bridging 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.

Residential Bridging 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. Every time that happens, you have to pay more for temporary living accommodations and storage fees for your furniture and clothes. The problem you're facing is common among many Australian homeowners. In fact, more and more Australians are searching for 'Residential Bridging 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 'Bridging Loan Arrangement Fees' 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.

If you're tired of sorting through 'Residential Bridging Loan' results and coming up empty-handed, Bridgit has a range of fast bridging loan options for anyone curious about 'Secured Bridge Loan' or 'Residential Bridging Loans' to get the financing they need to move forward with their living situation. If you are thinking of getting a smaller property with fewer distractions, consider our downsizer bridging loan option. If you need extra room to start a home business, our upsizer bridging loan might be the right option for you. For those who are self-employed or non-standard earners, we offer a low doc bridging loan that is open to alternative forms of verification so that you don't have to feel pressured to come up with conventional documents that don't apply to your situation. You don't have to make hasty decisions about selling off your current home quickly for less, as you can use the funds borrowed to move into your new place right away. You can also avoid unnecessary temporary storage and housing costs. The loan agreement covers your existing mortgage, so you won't have two mortgages in your hands. Our fast settlements give you the opportunity to place a competitive bid on your dream home.

You can rest assured that Bridgit can assist you with your search for 'Land Bridging Loan' or 'Small Bridging Loan'. With our lending service, you can look forward to loans with a minimum balance of $300,000 and a maximum balance of $8,000,000. This will give you the confidence you need to sell your property at a comfortable pace or dial in on potential picks you've found in house listing forums. Best of all, our client-forward terms and conditions can provide you with a repayment period of twelve months. With a competitively marked establishment fee bundled in with the loan total, our finance team can expertly oversee all the procedures. For example, after you fill out our virtual application papers with your contact information, you can expect us to respond within 24 hours. If we credit you as an eligible borrower, we'll send you the principal amount you can take out and then you can send us an initial payment to finalise the process. When you've signed the essential documents through our virtual portal, all that's left is for you to do is secure your new property. Try our service at Bridgit, and harness your home's usable equity. Contact us now, and feel free to speak to our customer support for questions that relate to 'bridge loan' or perhaps 'short term bridging loan'.

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.