Bridgit. Bridging loan rates
Best Lending Innovation
Winner, Finder Innovation Awards
Bridging loan rates
Our Bridgit team specialises in bridging loans. That’s all we do. Our product gives Aussie homeowners the freedom to buy a new home before selling their existing property. Your loan is on your terms and personalised to your needs.
We offer competitive bridging loan rates and no monthly repayments for the duration of your loan term, giving you time and flexibility to arrange the best sale price for your property.
We can provide a loan of up to $8M for up to 12 months.
No monthly repayments
We understand the property market and know that sometimes it is difficult to sell a property quickly. It may take time to get the best result from your sale. We don’t want you to worry about extra repayments or additional bridging loan rates. That’s why we offer no monthly repayments on our bridging loans. You have up to 12 months to prepare and sell your property without making monthly repayments.
Set-up fee
The set-up fee is calculated as a percentage of the total loan amount and does not need to be paid until you settle the loan. This way you don’t have to rush and worry that your bridging loan interest rate is building up each day.
Interest in advance
We calculate your interest in advance and include it in the total loan amount. This means you don’t have to worry about making monthly repayments during your loan term. If you repay your loan early, your interest will be recalculated and your repayment amount reduced to reflect your actual term. For example, if you repay at 2 months, your final repayment amount will be reduced to reflect only 2 months of interest.
Find out more about our fast bridging loans
Bridgit loans are made for today. By utilising technology, we process your information quickly and move you throughout the application and loan process efficiently. This helps take the stress out of the lending process so you can focus on making better decisions when it comes to buying your next dream property.
Although we are faster, everything we do is designed to be more trusting. We will always make sure that we provide the best solution for you. We have a team of amazing Aussies to support you along the way.
Residential Bridging Loan
Buy now, sell later
Variable Bridge Rate
8.24
8.33
Bridge Rate from
7.99
8.08
Residential Bridging Loan
Buy now, sell later
Variable Bridge Rate
8.74
8.84
Bridge Rate from
7.99
Stay Rate1 from
7.04
All rates are variable.
7.19
1
Apply in minutes
Quick and simple online application with bank level security and encryption.
2
Fast approval
Get approved within 24 hours and progress with confidence.
3
Buy now
Make the most of opportunities! Take your time finding your next perfect home.
4
Sell later
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.
Simple process, faster approval
Apply online in under 5 minutes and get 24 hour approval. Don’t miss the opportunity to buy your dream home today.
Headache free,
stress free
No monthly repayments and up to a 12 month loan term, giving you plenty of time to sell your existing property.
Expert support,
Aussie based
Our specialist team is here to support you every step of the way.
Trusted by customers
who Bridgit
Get 24 hour approval with Bridgit
01
Submit application
Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.
02
Accept the offer
Accept your loan offer by making a small upfront deposit and progress your application to the next stage.
03
Purchase your property
Once we’ve valued the property and completed final verifications, sign the documents and you are on your way to settlement in as little as 48hrs*.
*Subject to the loan scenario and outgoing lender processes onrefinance (if applicable).
04
Sell
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.
Hear from customers who
bridged it
Chris & Sharanne relocated to their ultimate dream acreage with Bridgit!
From city to coastal, Giles and his family secured their dream lifestyle change
.avif)
Mark and Kay rightsized into their next perfect home with Bridgit!
Disclaimer
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.
1 The 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 0.79% and government charges apply.