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Customer Success Story: Meet Chris and Sharanne

Whether you’re in the market for a lively city apartment, a humble family home, or a quiet beachside dwelling, finding your dream home is just as much about emotion as it is reasoning, “home is where the heart is”, as they say. 

This is the home you spend day in and day out, filled with memories and time with your family, but it’s also a financial investment. Both these things make up what a dream home is about, an investment for your future financially and emotionally.

Buying your dream home doesn’t happen very often, so acting quickly is important to avoid missing out on the opportunity to secure it! 

Several factors can prevent you from purchasing your dream home, such as timing, not having sold your existing property, and obtaining financing within a short period. Therefore, finding a suitable solution is essential for homeowners who wish to purchase their dream home and progress in life. At Bridgit, we offer a bridging loan solution that does just that. 

 

Bridging the gap

Chris and Sharanne found themselves in such a situation. The couple had found their dream home after a long search. It had everything, beautifully groomed property, located in the country, and could be rented out for additional income. 

Their existsing properties hadn't been sold, and they needed to act quickly to avoid missing out on their dream house. The solution, Bridgit. At Bridgit, we provides a fast and flexible bridge solution and offer bridge finance approval within 24 hours, compared the traditional lenders, which may take six weeks to process an approval.

 

An innovative solution that changes lives

It was very well put by Sharanne when it came to bridging loans, “Speed and ease was really important to us because we didn’t want to lose the property, and once we saw it, we knew that we had to get on it straight away.” 

Our ability to leverage technology allowed us to process their loan application fast and move them through the process as quickly as possible. Chris and Sharane shared, “three days from when we first rang until we were told yes we could purchase the loan and we were able to make an offer on the property, it was incredible. Its sort of life-changing isn’t it really, it has made an amazing change to our lives.”  

 

A personalised experience for our customers

An exceptional team that can help and support customers throughout the property journey is as important as having an innovative product like our bridging loan.  Every step of the process is guided by our team, who are available to answer any questions that customers may have. Sharanne shared, “What I liked most about it was how personal it was. From the very first day I rang, you actually spoke to the people that were doing your loan, and the staff at Bridgit were absolutely amazing. They were friendly, they were always available whenever you rang. If they were slightly busy, they would ring you back within hours. Without them, we wouldn’t have had this house. They made our dream come true.” 

To get in touch with one of our team members, click here

We are thrilled to have helped Chris and Sharanne progress in their property journey. 

If you are searching for a bridging loan, have a look at our product details here

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Our disclaimers

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.



1The Stay Rate will only apply if a repayment is made from the sale of Outgoing Properties (or another repayment method approved by us, at our discretion) and the repayment reduces the Amount You Owe to an amount that is equal to or less than your Residual Loan Balance.



^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. For Upsizer loans, a Bridge Rate applies for the first 12 months, followed by a Stay Rate thereafter. For Downsizer loans, only the Bridge Rate applies. WARNING: This comparison rate is true only for the example provided and may not include all fees and charges. Different loan amounts, terms, or fee structures will result in different comparison rates. For interest-only periods, your loan balance does not reduce, meaning you may pay more interest over the life of the loan. Set-up fee from 0.60% and government charges apply.