Downsizing bridging loans with Bridgit

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Trustpilot

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%
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Best Lending Innovation

Winner, Finder Innovation Awards

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. Repay your loan once your existing property has sold.

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.

Apply nowSchedule a call

Downsizers
bridging loans

Thinking of downsizing? Bridging loans are a great option for you to take control of your next purchase, hassle free and without having to sell first.

The most common approach when downsizing is to sell your existing property first. But this comes with unknown hassles and costs, you might require a temporary living situation before buying again, you might feel the pressure to get back into the market purchasing a property that you don’t love, or you might miss out on an opportunity while waiting to sell.

A bridging loan helps you avoid these problems.

Apply nowSchedule a call

Find out more about our downsizing bridging loans

A bridging loan allows you to downsize before or during the selling process of your current home. The loan will be secured against your property equity, not your income, making it perfect if you are retired or semi retired. And at Bridgit we offer, 24 hour approvals and a customer service team here to help you.

You can use a bridging loan to secure your next perfect home, including:

  • Residential property
  • Land lease home
  • Community home
  • Retirement home
Apply now

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%
Apply NowSchedule a call

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
Trustpilot

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.

Apply NowSchedule a call

We are here to improve the process of lending, to take the stress out of it. We are made for today.

Hear from customers who
bridged it

Chris & Sharanne relocated to their ultimate dream acreage with Bridgit!

“It was a 3 day turnaround from when we first rang to when we were told we were able to make an offer on the property. It was incredible. It has made an incredible change to our lives”
- Sharanne, Bridgit customer
Watch their story

When homeowners are looking to buy a new home before selling their existing one, the stress and costs can add up quickly. To simplify this transition, Bridgit was designed to provide fast and adaptable bridging loans, allowing you to buy your ideal property confidently.

Bridgit's commitment to a 'tech first' approach helps make sure that you get straightforward, fast bridging loans that don't have any monthly repayments or early exit fees, which means you can experience flexibility and freedom that allows you to move without extra pressure. With a 24-hour approval process and loan terms of up to 12 months, we're here to ensure you get the financial support you need without having to look up 'Bridging Finance Examples', 'Corporate Bridge Loan' and 'Can I Get A Bridging Loan'.

At Bridgit, you can begin by completing a quick online application and receive an approval offer within 24 hours. You have up to 12 months to sell your existing property and repay the loan, so end your search for 'short term bridging loan', 'bridging finance rate' or 'short term property loans' and get a quote 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.