Location: Wollongong, NSW
Loan Amount: $1.1M
Use of Funds: Downsizing
Scenario: This month we spotlight a Sydney property owner, Dora. Dora applied for a Bridgit loan needing access to fast bridging finance having already purchased a property due for settlement in under a month.
Thanks to our flexible lending criteria we were able to take Dora’s current situation including a change in employment and help her downsize to a stunning 3 Bedroom unit in Sydney’s South Coast.
We are thrilled to have helped another Aussie access the bridging finance they needed to settle on time and stress-free.
While upsizing comes with a tonne of benefits, it’s important to understand how the process works and what it takes to secure an upsizer home loan. Not sure where to start? Keep reading to discover everything you need to know about upsizing as a homeowner.
With faster approval times, specialised loan products and more customised solutions, non-bank lenders are rising in popularity for borrowers across Australia. Let’s explore how non-bank lending is disrupting property finance and the opportunities it offers homeowners and buyers.