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Progress quickly and buy with confidence. We will come back to you regarding an approval offer in under 24 hours.
Avoid the added stress of monthly fees. Repay your loan in one sum after the sale of your existing property.
Buy and sell on your terms. Our interest free period gives you time to sell your home to the perfect buyer.
When you’re ready to move into a new home, bridge finance can help you purchase your desired property without rushing to sell your existing one. For example, some people look to downsize their property for a smaller, more manageable property, while others wish to upsize for more room for their assets or growing family. Whatever the reason for moving is, the typical scenario is that people will sell their existing property first to afford the new property.
Often this can be a stressful and inconvenient experience as once the existing property is sold, you may not have found a new home and need to move your belongings into temporary storage or a short-term rental. This results in additional moving costs, forcing you to find a new property quickly. Bridge financing enables you to enjoy the process of moving into your dream home, save on temporary living and moving costs, and make better decisions without having to rush the sale of your existing property.
Bridgit offers gap financing solutions for property in the form of a short-term bridging loan. With Bridgit, you can borrow against your existing equity to purchase your next property and worry about selling your existing one later. If you have questions like ‘what is a bridge loan?’ or ‘how long can you have a bridging loan for?’ our fantastic customer service team will be happy to assist you.
Learn more about bridge finance below to determine which bridging loan provider is right for you.
Set up fee from 0.99%*
1 month interest free
Min $300K, max $3M
Up to 6 months loan term
No monthly repayments
LVR up to 75%
From 8.69% p.a thereafter, 8.81% p.a comparison rate^
Learn more
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.
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We’re here to help, if you have any questions get in touch