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Location: Erina, NSW
LVR: 55.8%
Loan Amount: $3.1M
Use of Funds: Buy before you sell
Scenario: Today, we guarantee funding in one of the shortest times in the world with competitive financing rates and without compromising risk, changing the game entirely when it comes to buying a new property. For Aussie homeowner Justin, this meant the difference between buying his next dream home and missing out on the opportunity completely.
Despite meeting all eligibility requirements to purchase his next property, Justin was at a whit's end when traditional lenders weren't able to provide the financing he needed fast enough to snatch up his next property.
Within 24hrs of applying for a Bridgit loan, we were able to conditionally approve him for bridging finance, allowing Justin to secure his family’s new home that same evening.
We are thrilled to have helped another Aussie access the fast and flexible property financing they deserve!
For many retirees, accessing the equity in their home can be a powerful way to meet financial needs. It can often be the key to unlocking much-needed funds for things like home improvements or other urgent needs.
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At Bridgit, we’re proudly filling the gap in the market with a dependable bridging loan solution that meets the needs of Australian homeowners and the mortgage broking industry. Let’s run you through five key ways Bridgit is built with modern borrowers and brokers in mind.
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.
