Location: Westlake, QLD
Loan Amount: $1.2M
Use of Funds: Upsizing
Scenario: The month of November was an exciting one here at Bridgit as we financed our first upsizer! Ben came to Bridgit after he found his perfect dream home in Westlake, Qld. With more space and a large backyard with a pool for the kids to play in, this is the home he wanted his family to grow into. It’s conveniently located 3 minutes from grocery stores and a short drive from Brisbane CBD.
Ben didn’t want to miss out on his dream family home, so he immediately put a deposit down. However, he was yet to place his existing property on sale and therefore needed fast finance. After applying online, Ben received same-day approval, had valuations complete, and the interest-free loan settled in just over a week.
We are thrilled to help another homeowner purchase their dream home. Thanks Ben, and congratulations.
“Firstly, I wanted to say thank you for all of your help leading up to settlement. I really appreciate you taking the time to run through things with me and giving me piece of mind around the transaction.” – Ben
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.