Found the perfect home but haven't sold yet?
Avoid temporary living and the cost of multiple moves
Don't miss out because of long settlements
Bank approval taking too long?
Winner, Finder Innovation Awards 2023
The Bridgit bridging loan, is tailored to property owners looking for easy, stress free solutions. We help you get to the next stage in your property journey by unlocking the equity in your home, before you have sold.
In simple terms, a bridging loan is a short-term finance solution designed to ‘bridge’ the gap between the purchase of a new property and the sale of your existing home. When you sell your existing property, you repay your bridging loan. This is where the term ‘bridge’ comes from - the loan is your bridge from one property to another.
The Bridgit loan is designed to help everyday Aussie homeowners progress through their property journey.
Set up fee from 2.49%
3 months interest free*
Min $300K, max $3M
Up to 6 months loan term
No monthly repayments
LVR up to 75%
Schedule a call
The Bridgit bridging loan, is tailored to property owners looking for easy, stress free solutions. We help you get to the next stage in your property journey by unlocking the equity in your home, before you have sold.
In simple terms, a bridging loan is a short-term finance solution designed to ‘bridge’ the gap between the purchase of a new home and the sale of your existing property. When you sell your existing property, you repay your bridging loan. This is where the term ‘bridge’ comes from - the loan is your bridge from one property to another.
The Bridgit loan is designed to help everyday Aussie homeowners progress through their property journey.
Buy Now, Settle Later
Sold your home, but waiting to settle? Buy your next home now, settle later.
1 month interest free
Set-up fee from 0.99%*
*If the property you are selling is located in a metropolitan postcode, has an exchanged contract of sale and will settle within 30 days of loan funded date.
Buy Now, Sell Later
Found your next dream home? Buy your next property now, sell later.
1 month interest free
Set-up fee from 1.35%**
* *If the property you are selling is located in a metropolitan postcode and does not have an exchanged contract of sale.
Bridgit Loan
Buy your next home before you have sold with the Bridgit loan.
* For Category 1 metro properties with an exchanged contract of sale, settlement within 30 days from exchange.
Quick and simple online application, with bank level security and encryption.
Get approved within 24 hours and progress with confidence.
Make the most of opportunities! Repay the loan once your existing home has sold.
We can help all types of homeowners
Eligibility requirements
Postcode requirements
PAYG Income
Self employed
Retired with no income (downsizing only)
Fees can vary depending on your unique loan scenario.
From 0.99%
If the property you are selling has an exchanged contract of sale, the set up fee starts from 0.99% and is calculated as a percentage of the total loan.
From 0.99%
If the property you are selling does not have an exchanged contract of sale, the set up fee starts from 1.35% and is calculated as a percentage of the total loan.
1 month
The first month is interest free.
From 8.69% p.a after interest free period
After the intertest free period, interest is calculated daily fees means you only pay interest for the amount of days you go over the 1st month.
From $900
The deposit is paid to accept your conditional approval offer and allows you to move into the final stages of loan approval. On settlement we apply a credit of the same amount.
From $220 per valuation
We complete a valuation of the properties so we can confirm the final loan amount.
Vary by state
These fees generally include the mortgage registration fee, discharge fees, pexa fees and legal fees.
Complete our online application to find out what costs may apply to your unique scenario (don’t worry it doesn’t cost anything to apply!).
Apply now
02 Feb 2023
If you're thinking about getting a bridging loan I'd recommend giving Bridgit a try. In my experience I found Bridgit to be way more efficient than the big banks. I received conditional approval within an hour of my application and unconditional approval within a week.
- Michael
23 Nov 2022
Bridgit came to the rescue providing an approval less than 24hrs of submission and settlement booked within 24hrs of returned signed loan docs. With Bridgit's assistance and fast processing we were able to leave a positive experience with our high valued client.
- Irene
11 Nov 2022
The team at Bridgit was so helpful in ensuring my clients could settle on their dream homes. Our situation was slightly complicated, but this never phased Bridgit, who offered us a solution no bank could.
- Oliver
20 Oct 2022
Bridgit absolutely came through for us - customer service was great. The whole team was up-to-date with our application making it easy to progress. I highly recommend Bridgit. Very reasonable fees and rates make them an option to be seriously considered over the big banks.
- Dana
24 Jun 2022
I have never dealt with such a professional financial institution such as Bridgit in my years of buying houses. I encourage anyone looking for a bridging loan to utilise this unbelievable institution.
- Vikki
08 Apr 2022
A great new bridging loan facility that is market-leading and easy to set up, quick to provide approval and follow up customer service. If you are downsizing or moving, and need finance to make it happen efficiently and without the usual red take, then this is the lender for you.
- Paul
20 Dec 2021
I referred a client to Bridgit and was very happy with their service. They approved the application in 5hrs, which allowed them to bid with confidence at auction the following day.
- George
21 Feb 2022
Very easy to apply - I had my conditional approval within hours of submitting my request. It was very clear what needed to be provided to get unconditional approval, and I knew when I inspected the property that if I needed to make an offer, I was well-placed to do so.
- Annette
23 Nov 2022
Working with Bridgit to obtain financing for a bridging loan was straightforward. The online interface guides you through the requirements, and their customer service team is very helpful. Any questions we had were answered promptly. They have found a niche in the bridging loan market.
- Marcus
Disclaimer
^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for interest only loans will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Bridging Loan set up fee is from 0.99% and government charges apply.
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.
