Short Term Mortgage

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.

Short Term Mortgage

Although a lot of work, most people moving into a new place would have to first sell their current property to pay off the new one. Since this method involves a time-consuming process, a great number of Australians would be inclined to look up 'Short Term Mortgage' or other related terms online and would usually settle with a traditional bank lender that could take weeks or even months to get them approved for short-term finance. We understand you need to act quickly to secure a great option for your dream home, so wouldn't you rather do away with lengthy procedures and find a service that offers excellent solutions? Not to worry; the Bridgit team can help you, as everyone here is committed to setting up loans that can meet the price of your future housing. What's great about our service is that your search for 'Is Mortgage A Short Term Loan' can, at last, come to a close. Simply use our online setup, and discover firsthand how we shorten application times. Navigate the Bridgit platform, go through our application in just a few minutes, and join our group of empowered Australian homeowners. Get bridging loans today so you can access your property's value before you sell it.

If you're tired of sorting through 'Short Term Mortgage' results and coming up empty-handed, Bridgit has a range of fast bridging loan options for anyone curious about 'Short Term Commercial Property Loans' or 'No Doc Short Term Mortgages' 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. There will be no need for you to deal with two mortgages since the loan agreement covers your existing mortgage. Last but not least, you can place a competitive bid on the new home you've been dreaming of with our fast settlements.

There's no doubt that Bridgit can satisfy your search for 'How Quickly Can You Get A Bridging Loan' and 'Bridge Loan To Build A House'. With us, you can enjoy a minimum loan balance of $300,000 and a maximum loan balance of $8,000,000. As such, you can view physical property listings with confidence or feel a sense of ease when you're putting up your home for sale. The best part about our contract terms is that you can potentially get a repayment duration of twelve months - all with a reasonable set-up fee included in the total loan amount. We'll do everything we can to make our procedures as simple as they can be. For instance, you can answer our application questionnaire by sharing your standard contact details and then receive a response in 24 hours or less. If approved, you can view how much you can borrow and then place a downpayment to have us quickly process your request. After our team has checked and confirmed the documents for signing, you can just attach your digital signature and proceed with your housing purchase. Get your house's equity in advance and own your new property without having to sell your old one first. Reach out to Bridgit today, and have our customer support clarify possible concerns relating to 'bridging loan calculator' or 'bridging loan interest rate'.

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.