Location: Chippendale, NSW
LVR: 39.1%
Loan Amount: $914K
Use of Funds: Downsizing
Scenario: The Aussie property market is always competitive, and the ability to apply and be approved for a property loan quickly can mean the difference between securing and missing out on your next dream home.
For Aussie homeowner Mark, this meant having same day approval from Bridgit so he could secure his property purchase with confidence and ease.
For Mark, securing a loan with Bridgit went a little like this:
Mark found a home he loved that was going to Auction in a couple of days time, he hadn't sold his home or organised a finance solution yet but didn't want to miss out on the opportunity for the perfect property. Mark reached out to us here at Bridgit prior to the Auction, and after reviewing his application quickly, we were able to provide Mark with same day pre-approval so he could go to the Auction and bid with confidence. The best news is, Mark managed to secure the property at Auction!
A few days later, Mark went through the final steps to confirm his loan with us six weeks prior to settlement.
Congratulations on your purchase Mark!
That's our Bridgit moment of April.
Here’s how our BDM, Jolene Farrow, helped Shaun Jones, Senior Mortgage Broker at Mason Finance Group secure a loan for his client, a downsizer looking for a quick settlement when a traditional lender let her down after her auction win.
Bridgit has won the Finder Award for Best Lending Innovation for 2022! We’re thrilled to be recognised as the Most Innovative Lender for our tech-first lending solution.
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Bridgit, your new bridging loan specialist. Who are we? Bridgit launched last year as a new non-bank lender specialising in bridging loans after we noticed a need in the market not being met by traditional lenders. Our aim? To revolutionise bridging loans through state-of-the-art technology allowing Australians to purchase their next home quickly and with little fuss.
