Buy now,
Sell later

24 hour bridging loan approval

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Trustpilot
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Flexible bridging loans

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24 hour approval

To make the process easy and allow you to act quickly.

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Simple online process

Great technology built to make your life easier.

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Local customer service

To support you through the journey.

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Buy now, sell later

Search on your terms and find your perfect home.

Get a quote

The Bridgit Loan

The Bridgit bridging loan, is tailored to property owners looking for easy, stress free solutions. We help you get to the next stage in your property journey by unlocking the equity in your home, before you have sold.

How it works?

In simple terms, a bridging loan is a short-term finance
solution designed to ‘bridge’ the gap between the purchase of a new home and the sale of your existing property. When you sell your existing property, you repay your bridging loan. This is where the term ‘bridge’ comes from - the loan is your bridge from one property to another.

The Bridgit loan is designed to help everyday Aussie
homeowners progress through their property journey.

Buy before you sell

Buy your next dream home before you sell your existing property.

Buy before you settle

Sold your home, but waiting to settle? Buy your next home now, settle later.

Downsize on your terms

Downsize or move into a retirement home on your terms, sell later.

Owner-occupied
Investment

Residential Bridging Loan

Buy now, sell later

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

8.24

%
p.a.

Variable 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

8.33

%
p.a.
Comparison rate
Apply now
Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees

Residential Bridging Loan

Buy now, sell later

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

8.74

%
p.a.

Variable 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

8.84

%
p.a.
Comparison rate
Apply now
Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees

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.

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.
Get a quote

Please submit an application or quote to receive a detailed breakdown of your loan amount.

Eligibility

Who is eligible?

We can help all types
of homeowners
  • PAYG
  • Retired with income
  • Retired without income
  • Self employed (alt doc or low doc)
Eligibility requirements
  • Good credit history
  • Be an Australian Citizen or Permanent resident over the age of 18
  • Be borrowing against a property in Australia
  • Have a government ID, such as a passport or
    drivers license
Postcode
requirements
  • We lend in most metro and non-metro
    postcodes. However we're still new so we can't
    lend in some areas outside the major population
    areas of Australia.

Different
documents are
required for each
type of borrower

PAYG Income
  • Confirmation of 6 months employment
  • Evidence of 2 months’ pay
Self employed
  • Full doc – Tax returns for 2 years
  • Alt doc – Accountant declaration
Retired with no income
(downsizing only)
  • No income verification required

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
Trustpilot

Questions? We’re here to help.

Chat to one of our lending specialists by calling 1300 141 161 or email hello@bridgit.com.au

View all FAQs

We aim to be transparent about our fees and help you understand how they apply to your loan. For a detailed breakdown of the types of fees you can expect to see, visit our rates page.

Homeowners looking to buy a new home before selling their existing one often have to deal with additional stress and costs that pile up quickly. At Bridgit, our fast and flexible bridging loans are designed to ensure this transition goes smoothly and give you the confidence to buy your ideal property.

Thanks to Bridgit's 'tech first' approach to bridging loans, you won't need to keep looking up 'How Long Does It Take To Get A Bridge Loan', 'Bridging Finance Interest Rate' or 'Bridge Loan Example' as we speed up the loan process and offer you a more efficient borrowing experience compared to other traditional lenders. You can also enjoy greater financial flexibility because our loans have no monthly repayments, giving you more time to sell your existing home.

The online application for a Bridgit loan is secure and fast since we use bank-level encryption and even provide approval offers within 24 hours. Once you accept the offer and finalise the loan, the settlement could happen in as little as a few days, so forget about searching for 'short term property loans', 'bridging loan' and 'bridging finance rate' and apply for a loan today!

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.