Found the perfect property? Apply for a bridging loan now.
Apply for pre-approval so you can search with confidence
Get pre-approvedApply for a Bridgit loan in under 5 minutes
Get conditional approvalRenovate to increase the value of your property before you sell
Apply nowBridgit loan
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Our bridging loans provide you with fast property finance, used to create a ‘bridge’ between buying a new home and selling your existing. Using technology made for today, we help Aussie homeowners buy their dream home.
Set up fee from 1.65%
Loans up to 6 months
Funding up to $4m*
LVR up to 75%
No repayments until maturity
Yes, you can buy a new home without having to sell first. Secure your next dream home, just Bridgit.
Apply online in under 5 minutes and get same day approval. Don’t miss the opportunity to buy your dream home today.
3 months interest free with no monthly repayments, giving you plenty of time to sell your existing property.
Our Aussie team is here to support you every step of the way.
Bridgit benefits
Apply online and receive same day approval. Tell us some details about yourself and see how much you can borrow.
Accept your loan offer by making a small upfront deposit and progress your application to the next stage.
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*.
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 6 months.
Apply online and receive same day approval. Tell us some details about yourself and see how much you can borrow.
Accept your loan offer by making a small upfront deposit and progress your application to the next stage.
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*.
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 6 months.
Yes! Our Bridging Loans are a short-term finance solution to buying your dream property. We provide up to 75% LVR of the combined value of your two properties. For example, if your existing property is worth $2M, and the property you want to buy is worth $1M, we can cover the full purchase price of your new property. If you are upsizing and need more time to pay back the loan, you can refinance to a longer-term loan with an alternate lender.
Costs and fees vary depending on your unique loan scenario. For example, we may charge:
Set up fee: The set up fee starts from 1.65% and is calculated as a percentage of the total loan amount. It is added to your final loan amount and is repaid when your loan is closed.
Interest rate: The first 3-months of the loan period is interest free. Once the 3-month period has ended the interest rate is from 5.99% p.a (6.16% p.a comparison rate^). Interest is calculated on a daily basis, you only pay interest for the number of days after the interest free period.
Loan deposit: A $900 deposit is paid to accept our conditional approval offer and allows you to move your application into the final stages. Once your loan is funded, we will apply a credit of the same amount, meaning you get it back.
Valuation fees: To confirm the final loan offer we need to complete a valuation on your existing property and the new one you are purchasing. We charge from $250 per valuation.
Government & settlement fees: Government and settlement fees can vary state by state but generally include title registration fees, mortgage registration fees, discharge fees, PEXA fees, and legal fees.
Find out more about the Bridgit loan
Apply online in under 5 minutes and receive same day pre-approval. You then pay a small upfront deposit to accept our offer, which allows us to progress your loan to final checks and approvals. Once you sign the loan documents your loan will be settled! All in as little as 48hrs*.
*Subject to the loan scenario and outgoing lenders processes on refinance (if applicable).
Pre-approval is offered if you do not have a contract for sale. In other words, if you are still looking for a property and are unsure if you want to go ahead with a purchase or have not paid the deposit. Pre-approval is valid for 30 days.
Conditional approval is offered if you have an existing contract for sale and have paid the deposit and required valuation fees. In other words, if you are ready to buy a new property, have or are about to make an offer, or need immediate finance. You have 14 days to pay the required deposit fee and from this date, Conditional approval is valid for 30 days.
Unconditional approval is given once we have completed the final assessments of your loan documents, you are then provided a Bridgit loan offer that is not subject to any conditions. This is our final loan offer, and you have 60 days to settle on your new home.
Check our Bridgit FAQs
“The process was so quick and easy with Bridgit, I managed to sign my declaration between the 10th and 11th hole at my golf course.”
21 Feb 2022
Bridgit provided superb customer service with regular communication throughout the process. A much more personable and flexible experience.
- Giles
14 Feb 2022
The team were exceptional in getting valuation, documentation etc completed and we settled for property on time!
- Neil
20 Jan 2022
Bridgit were fast and efficient we would never of been able to buy our dream property without them. Would highly recommend them and the team.
- Kristen
Dec 22 2021
Thank you all at Bridgit. The whole process was quick and efficient, completely the opposite from dealing with the bank.
- Frances
Dec 20 2022
They came back to us quickly with a decision, and we were able to move forward with confidence. I would use them again and will recommend them.
- Anthony
Dec 13 2021
Bridgit were fast and efficient we would never of been able to buy our dream property without them. Would highly recommend them and the team.
- Sharanne
20 Dec 2021
I referred a client to Bridgit and was very happy with their service. They approved the application in 5hrs, which allowed them to bid with confidence at auction the following day.
- George
21 Feb 2022
Bridgit provided superb customer service with regular communication throughout the process. A much more personable and flexible experience.
- Giles
14 Feb 2022
The team were exceptional in getting valuation, documentation etc completed and we settled for property on time!
- Neil
Our talented Aussie team work hard to make buying property smarter and faster than ever before.
Disclaimer
^ Comparison rate 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 a different comparison rate. 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. 1.65% set up fee and government charges apply.
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.