Our team of bridging specialists are here to help
Moment of the month - May 2022
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At Bridgit, our mission is to help our customers progress in their life. From same day approvals and a quick application to being available to answer any and all customer enquiries, we are here every step of the way to ensure our customers move smoothly through the property buying and selling process.
This month, we were stoked to help Queensland homeowner Adam, when his traditional lender fell through with financing just days before settlement. Our flexibility, speed, and ability to adapt to Adam’s scenario by providing constant and clear communication, resulted in unconditional approval being accepted just 48hrs after the application was submitted.
We are thrilled to have taken the stress out of property financing and to help Adam purchase his next home! Congratulations Adam.
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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.