What Is Bridge Loan For A Mortgage

You might have searched 'What Is Bridge Loan For A Mortgage' at some point if you've been looking into bridging loans to finance your new dream home. Traditional processes have you waiting weeks or even months with their long and tedious workflows. Your dream house may be out of reach 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.

If you've been searching online for 'What Is Bridging Loan For A Mortgage', 'What Is The Purpose Of A Bridge Loan', or something similar, you don't need to look any further. We offer a wide range of fast bridging loan options to meet the needs of Australian homeowners, whether you're an empty nester looking for a downsizer bridging loan to move into a cosier little house, a young professional thinking about an upsizer bridging loan after a promotion, or anybody in between. You can focus on getting the ideal home for your needs with our help. And if you're looking to buy a similar property but work independently and don't have traditional documentation like a PAYG payslip - don't worry; we also have a low doc bridging loan option. See for yourself how Bridgit's options can aid you in getting that new house. A fast settlement process with us means you won't have to wait long before bidding on your ideal property, and you won't have to spend money on hotels or room with friends while you're transitioning. In your spare time, you can work on selling your current home. As part of the deal, the loan will even cover your current mortgage, so you only have to worry about one payment instead of two.

There's no need to keep weighing over the options from your 'Short Term Contract Mortgage' and 'Commercial Finance Melbourne' 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. Our online application takes as little as five minutes to complete, and the information you provide will tell us how much you're eligible to 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 'short term property loans' or 'bridging loan calculator', 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.