Investment property settlement in three days

How Bridgit helped settle an investment property purchase in three days

The fast-moving world of real estate waits for no one, and timing is often the key to securing your dream property. Broker Linda Hulme’s client experienced this first hand, needing funding fast to seize an ideal off-the-plan investment property opportunity.

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With Linda’s client needing a swift solution to secure the property, she reached out to her Bridgit BDM for support.

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Understanding the urgency, the Bridgit team jumped on the case, providing Linda’s client with a single-security, no-end-debt bridging loan that was ready to be funded in just three days. 

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Linda’s client was not only able to proceed with her purchase but also was given the breathing room to sell her existing investment property on her own timeline.

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Let’s take a closer look at the loan:

• Property location: Main Beach, QLD
• LVR: 71.77%
• Loan amount: $842,600
• Loan purpose: Downsize of investment properties
• Loan term: 6 months

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Linda was delighted to be able to help her client who was looking to take advantage of an opportunity:

The Bridgit team were extremely fast and proactive in providing a solution to help my client settle on an off the plan purchase. The speed was second to none, the application was submitted and ready to be funded within 3 business days. The experience completely exceeded my expectations. The support from the BDM Nik Thurgood and the entire team was exceptional. I will look to work with Bridgit on any future bridging deals that come across my desk.

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Do you have a client who might benefit from Bridgit’s single-security bridging loan? 

‍Schedule a call today and workshop a scenario with one of our specialists.