Buy your next property on your terms

24 hour bridging loan approval

Why Bridgit?

24 hour approval

Progress quickly and buy with confidence. We will come back to you regarding an approval offer in under 24 hours.

No monthly repayments

Avoid the added stress of monthly fees. Repay your loan in one sum after the sale of your existing property.

No missed opportunities

Don't miss out because of slow processes. Unlock your property equity in 24 hours.

Apply now

Alternative Home Loans

Owner-occupied
Investment
Residential Bridging Loan
Buy now, sell later

No monthly repayments

Set-up fee from 0.79%

Min $300k, max $4M

8.49
%
p.a.

Variable intro rate

We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
i
8.58
%
p.a.

Comparison rate^

Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees
Owner-occupied
Investment
Residential Bridging Loan
Buy now, sell later

No monthly repayments

Set-up fee from 0.79%

Min $300k, max $4M

8.99
%
p.a.

Variable intro rate

We offer an introductory rate for the first 6 months of the loan term which includes a 1% discount.
i
9.09
%
p.a.

Comparison rate^

Up to 12 month loan term
Up to 80% LVR
Downsizers, upsizers, retirees

Get 24 hour approval

Why buy before you sell with Bridgit?

No income verification

We assess loans based on property equity and asset position.

No monthly repayments

No monthly repayments or fees for the duration of the loan term

No double mortages

We’ll pay your existing mortgage, so you don’t have to worry about two mortgages at once.

Save on temporary living

Move into your home sooner and avoid short-term rental, storage and moving costs.

No missed opportunities

Don’t miss out because of slow processes, unlock your property equity in 24 hours.

Trusted by customers who Bridgit

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21 Feb 2022

Customer Service at its best

Everyone I dealt with at Bridgit was helpful and responsive. Candice (BDM) checked in with me regularly to make sure everything was going smoothly and Andrew kept me in the loop. I recommend Bridgit highly.

- Sue Farnham

14 Feb 2022

Going above and beyond for results

The priority that was placed on this file and constant updates was truly appreciated. Thank you for using common sense and finding a solution for our client’s needs on an oddly zoned security.

- Nicole Fox

20 Jan 2021

Great Team.

During the stressful times of obtaining Finance, the BRIDGIT Team came to the fore. We are most grateful for their advice and support.

- MTW

22 Dec 2021

The team at Bridgit were remarkably talented

The team at Bridgit were remarkably talented and understands the pressing issues the situation demands. I cannot thank them enough for stepping up to a life saving situation for customers.

- Jehan Fernando

20 Dec 2021

We are so happy we chose Bridgit

We are so happy we chose Bridgit over a bank. Tom, George and Ken assisted us all the way. They explained everything and made the process easy and stress free. We cannot recommend Bridgit highly enough.

- Felicity F

13 Dec 2021

Bridgit was phenomenal

Bridgit was phenomenal in getting our pre-approval ready (within hours!). Easy to deal with and they knew exactly where my application was at.

- NH

13 Dec 2021

Quick and simple process

I had never dealt with Bridging Finance as a Broker previously & Bridgit made the process quick & simple. I could get quick help & support that helped me navigate my first Bridging Finance application.

- Chris

13 Dec 2021

I approached Bridgit with a scenario

I approached Bridgit with a scenario that needed to be settled within 12 days. The deal was lodged within 48 hours. My clients achieved a great result in the time frame required.

- Benjamin Sutton

13 Dec 2021

Definitely worth a try

If you're thinking about getting a bridging loan I'd recommend giving Bridgit a try. I found Bridgit to be way more efficient than the big banks. The communication was great too.

- Michael

07 Feb 2024

Customer Service at its best.

Everyone I dealt with at Bridgit was helpful and responsive. Candice (BDM) checked in with me regularly to make sure everything was going smoothly and Andrew kept me in the loop. I recommend Bridgit highly.

- Sue Farnham

11 Nov 2023

Going above and beyond for results

The priority that was placed on this file and constant updates was truly appreciated. Thank you for using common sense and finding a solution for our client’s needs on an oddly zoned security.

- Nicole Fox

11 Nov 2023

Great Team

During the stressful times of obtaining Finance, the BRIDGIT Team came to the fore. We are most grateful for their advice and support.

- MTW

20 Oct 2022

The team at Bridgit were remarkably talented

The team at Bridgit were remarkably talented and understands the pressing issues the situation demands. I cannot thank them enough for stepping up to a life saving situation for customers.

- Jehan Fernando

24 Jun 2022

We are so happy we chose Bridgit

We are so happy we chose Bridgit over a bank. Tom, George and Ken assisted us all the way. They explained everything and made the process easy and stress free. We cannot recommend Bridgit highly enough.

- Felicity F

20 Dec 2021

Definitely worth a try

If you're thinking about getting a bridging loan I'd recommend giving Bridgit a try. I found Bridgit to be way more efficient than the big banks. The communication was great too.

- Michael

20 Dec 2021

Bridgit was phenomenal

Bridgit was phenomenal in getting our pre-approval ready (within hours!). Easy to deal with and they knew exactly where my application was at.

- NH

21 Feb 2022

Quick and simple process

I had never dealt with Bridging Finance as a Broker previously & Bridgit made the process quick & simple. I could get quick help & support that helped me navigate my first Bridging Finance application.

- Chris

23 Nov 2022

I approached Bridgit with a scenario

I approached Bridgit with a scenario that needed to be settled within 12 days. The deal was lodged within 48 hours. My clients achieved a great result in the time frame required.

- Benjamin Sutton

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 on refinance (if applicable).

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.

Get same day approval with Bridgit

01

Submit application

Apply online and receive same day 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 lenders processes on refinance (if applicable.)

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 6 months.

Apply now

It’s as easy as...

Apply in minutes

Quick and simple online application, with bank level security and encryption.

1

Fast approval

Get approved within 24 hours and progress with confidence.

2
3

Unlock your property equity

Make the most of opportunities! Repay the loan once your existing home has sold.

Frequently Asked Questions (FAQ)

What is an alternative home loan?

An alternative home loan in Australia refers to mortgage options beyond the standard fixed and variable rate loans, which can also cater to unique mortgage products, borrower needs, or circumstances. Such loan products from mortgage lenders or private lender home financing are especially helpful for those with diverse credit scores or profiles.

Featuring types like variable-rate mortgages and interest-only options, alternative home loans offer flexibility and accessibility, especially for those with challenging financial profiles or those seeking housing loan alternatives.

At Bridgit, we specialise in bridging loans for homeowners who wish to purchase a new property while selling their current one. This approach not only helps to relieve the pressure of selling immediately, but also opens up the door to unique property types that may otherwise be out of reach.

With the help of Bridgit bridging loans, you don’t need to put your life on hold while you make big property changes.

What types of alternative home loans are available on the market?

Generally speaking, the lending market offers many types of alternative home loans, each designed to address unique borrower needs. These different loan types provide different options for different needs and circumstances – from short-term loans, to more flexible repayment plans.

Here are five types of alternative home loans available in Australia:

    • Variable home loan. This type of loan has an interest rate that can fluctuate based on market conditions. It typically offers competitive interest rates and features like offset accounts, redraw facilities, and the ability to make extra repayments
    • Fixed home loan. The interest rate on this type of loan is locked in for a set period, usually between one and five years. Generally, it offers stability in repayments, but there are fewer features, and additional repayments may be limited.
    • Split home loan. This loan splits the mortgage into different rate types: part fixed-rate and part variable-rate. As a result, it offers stability (from the fixed portion) as well as flexibility (from the variable portion).
    • Interest-only home loan. An interest-only loan allows you to borrow a certain amount and pay only interest. While this type of loan usually has lower initial repayments, it may incur higher total costs over time.
    • Bridging loan. A bridging loan is a type of short term property funding used to cover the purchase of a new property while still selling an existing one. This loan type offers a temporary financial solution between buying and selling a home.

These specialised home loans are tailored for unique life situations, offering flexible repayment terms and easier credit qualifications. To that end, Bridgit offers customised mortgage plans in the form of bridging loans so that borrowers, like you, have options to cater for your unique situation.

Can self-employed individuals qualify for alternative home loans?

Self-employed individuals can certainly qualify for alternative home loans.

These loans often provide more flexible criteria than traditional mortgages, which can accommodate varying income streams and credit histories. With that in mind, self-employed applicants may need to provide additional documentation to demonstrate their income stability and financial health.

At Bridgit, self-employed applicants will be asked to provide full documentation of their tax returns for the previous two years. In some instances, an account declaration may also be required. Other documents may also be requested, depending on your loan application. Feel free to reach out to our friendly customer service team for more information.

Bridgit understands the unique challenges self-employed individuals face and offers specialised solutions to alternative real estate loans. Our goal is to make the journey to homeownership as smooth and fulfilling as possible and bring you a step closer to your next dream home.

Revolutionising Property Loans with Bridgit

Bridgit is redefining access to alternative home loans in Australia. With a vision to transform the bridging loan sector, our mission is to empower Aussies by unlocking their property’s value.

It can be challenging for homeowners to purchase their dream homes without having to sell their existing ones first. On that front, Bridgit offers a helping hand through options like short term property loans in Canberra, Sydney, or Melbourne, tailored to meet the diverse needs of Australian homeowners.

With a ‘tech first’ approach, we ensure a swift and seamless loan approval process, whether it’s for short term property loans in Sydney or alternative home loans financing elsewhere in the country. By leveraging technology into our simple online application process, more time can be spent on what matters: providing individualised customer service.

We also offer possible twenty-four-hour approval for qualifying applications, with settlement possible in as little as a few days once approved.

So if you’re still on the hunt for short term property loans in Melbourne or elsewhere in the country, then choose Bridgit for your property financing needs. With Bridgit, your next big step in life doesn’t have to wait.

Apply for a loan with us today!

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Bridging essentials

Aussie based crew

We’re here to help, if you have any questions get in touch

Weekdays 9am – 5:30pm AEST

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.

^Comparison rate is calculated on a $150,000 secured loan over a 25-year term where a minimum repayment of 40% of the initial loan amount is made within the first 6 months of the loan commencing. 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 different comparison rates. 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 0.79% and government charges apply. A minimum repayment of 40% of the initial loan amount must be made within the initial 6 months to remain on the introductory rate. This can be achieved through sale of a property or other contributions.