Buy your next property on your terms

24 hour bridging loan approval

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.

Apply now

Short Term Home Loan Rates

Owner-occupied
Investment
Residential Bridging Loan
Buy now, sell later

No monthly repayments

Set-up fee from 0.79%

Min $300k, max $8M

8.49
%
p.a.

Variable intro rate

We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
i
8.58
%
p.a.

Comparison rate^

Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees
Owner-occupied
Investment
Residential Bridging Loan
Buy now, sell later

No monthly repayments

Set-up fee from 0.79%

Min $300k, max $8M

8.99
%
p.a.

Variable intro rate

We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
i
9.09
%
p.a.

Comparison rate^

Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees

Get 24 hour approval

Why buy before you sell with Bridgit?

No income verification

We assess loans based on property equity and asset position.

No monthly repayments

No monthly repayments or fees for the duration of the loan term

No double mortages

We’ll pay your existing mortgage, so you don’t have to worry about two mortgages at once.

Save on temporary living

Move into your home sooner and avoid short-term rental, storage and moving costs.

No missed opportunities

Don’t miss out because of slow processes, unlock your property equity in 24 hours.

Trusted by customers who Bridgit

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21 Feb 2022

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

14 Feb 2022

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

20 Jan 2021

Great Team.

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

- MTW

22 Dec 2021

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

20 Dec 2021

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

13 Dec 2021

Bridgit was phenomenal

Bridgit was phenomenal in getting our pre-approval ready (within hours!). Easy to deal with and they knew exactly where my application was at.

- NH

13 Dec 2021

Quick and simple process

I had never dealt with Bridging Finance as a Broker previously & Bridgit made the process quick & simple. I could get quick help & support that helped me navigate my first Bridging Finance application.

- Chris

13 Dec 2021

I approached Bridgit with a scenario

I approached Bridgit with a scenario that needed to be settled within 12 days. The deal was lodged within 48 hours. My clients achieved a great result in the time frame required.

- Benjamin Sutton

13 Dec 2021

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

07 Feb 2024

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

11 Nov 2023

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

11 Nov 2023

Great Team

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

- MTW

20 Oct 2022

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

24 Jun 2022

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

20 Dec 2021

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

20 Dec 2021

Bridgit was phenomenal

Bridgit was phenomenal in getting our pre-approval ready (within hours!). Easy to deal with and they knew exactly where my application was at.

- NH

21 Feb 2022

Quick and simple process

I had never dealt with Bridging Finance as a Broker previously & Bridgit made the process quick & simple. I could get quick help & support that helped me navigate my first Bridging Finance application.

- Chris

23 Nov 2022

I approached Bridgit with a scenario

I approached Bridgit with a scenario that needed to be settled within 12 days. The deal was lodged within 48 hours. My clients achieved a great result in the time frame required.

- Benjamin Sutton

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 on refinance (if applicable).

04

Sell

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

Get same day approval with Bridgit

01

Submit application

Apply online and receive same day 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 lenders processes on refinance (if applicable.)

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 6 months.

Apply now

It’s as easy as...

Apply in minutes

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

1

Fast approval

Get approved within 24 hours and progress with confidence.

2
3

Unlock your property equity

Make the most of opportunities! Repay the loan once your existing home has sold.

Frequently Asked Questions (FAQ)

What factors influence short-term home loan rates?

Economic indicators and market conditions like inflation and economic growth are just a few of the variables that affect short-term home loan rates. Here are some of the factors that are considered:

Property value and condition. The value of the property being used as security for the loan, as well as its condition, can influence the rate. A higher-valued property in good condition might secure more favourable short term mortgage rates.

Borrower’s credit history. A strong credit history can positively impact the interest rate, as it indicates a lower risk to the lender.

Market conditions. Economic factors and housing market trends can affect short term home loan rates. They may fluctuate based on overall market conditions.

Borrower’s financial situation. This includes income, employment status, and overall financial stability. Lenders like Bridgit assess these factors to determine the borrower’s ability to repay the loan.

Type of loan product. At Bridgit, we offer no monthly repayments on our bridging loans. However, take note that different loan products from different short term private lenders may have different rates.

Fees and charges. While not directly affecting the interest rate, associated fees (like setup fees) can impact the overall cost of the short term property loan.

What should I be mindful of when choosing a short-term home loan lender?

Here are the other factors to be mindful of when choosing a short term mortgage lender:

Interest rates and fees. Understand the interest rates and any additional fees (like setup fees) associated with the loan.

Loan terms. Look at the duration of the loan and what happens when it ends. Bridgit, for example, offers loans for up to 12 months. Ensure the term aligns with your ability to repay, especially if you plan to sell your existing property to pay off the loan.

Repayment flexibility.,/b> Check if there are any early exit fees or penalties for short term lending early repayment. Bridgit does not charge early exit fees, which can be a significant advantage when considering short term home loan rates.

Approval process. Consider how quick and straightforward the application and approval process is. Bridgit offers a twenty-four-hour approval process and a simple online application for quick home loans, which can be crucial if you need funds quickly.

Customer support. Good customer service can be invaluable, especially in complex transactions like short term property funding. Look for lenders who offer excellent customer support, which is among the strengths of Bridgit. We don’t only provide adjustable home loan rates; our service is customer-centric, so you won’t hesitate to raise your concerns and queries.

Lender’s reputation. Research the lender’s reputation in the market. We at Bridgit pride ourselves as a progressive lender using technology to streamline the lending process for short term loans, ultimately helping homeowners buy their dream home before they sell.

Additional benefits. Some lenders offer extra benefits, like Bridgit covering existing mortgages, which means you don’t have to worry about managing two mortgages simultaneously.

Bridgit: empowering homeowners to buy their dream homes

Since its establishment in 2021, Bridgit has helped many Aussies acquire their dream homes without the immediate need to sell their existing properties, a groundbreaking approach in the property finance sector.

At the heart of Bridgit’s philosophy is the commitment to utilising cutting-edge technology for today’s market needs. Recognising the lag in the industry, particularly regarding bridging loans, Bridgit is a solution that ensures that customers no longer pay the price for outdated practices.

Bridgit’s innovative approach is not just about speed. The technology is designed to simplify processes, thereby making property financing more accessible and less burdensome for homeowners. If you are ready to feel empowered and get to the next step of acquiring your dream home, call us and let’s see how we can be of service to you.

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Aussie based crew

We’re here to help, if you have any questions get in touch

Weekdays 9am – 5:30pm AEST

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 where a minimum repayment of 40% of the initial loan amount is made within the first 6 months of the loan commencing. 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. A minimum repayment of 40% of the initial loan amount must be made within the initial 6 months to remain on the introductory rate. This can be achieved through sale of a property or other contributions.