Buy your next property on your terms

24 hour bridging loan approval

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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.

Interest free period

Buy and sell on your terms. Our interest free period gives you time to sell your home to the perfect buyer.

Apply now

Bridge Loan Sydney

Bridging loan

Buy your next home before you have sold or settled with the Bridgit loan

Set-up fee from 0.99%

1 month interest-free

Min $300K, max $4M

Apply now

Up to 12 month loan term

No monthly repayments

LVR up to 80%

From 8.99% p.a introductory rate
(includes a 1% p.a discount for the first 6 months)

From 9.11% p.a comparison rate^

*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.

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 with 1 month interest free.

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.

How long does approval take for bridge loans in Sydney?
Getting approval for a bridge loan in Sydney can take anywhere from a few hours to a few months, depending on who you choose. How long it takes to get a home bridging loan depends on factors such as your loan’s complexity and your lender’s processes. Traditional lenders have a slow and manual process, so expect their loan approvals to take considerably longer (weeks and months). On the other hand, online bridging finance loans may be approved faster due to digitalised processes.

Bridgit has custom advanced technology that streamlines the process of getting a bridge loan in Sydney and any part of Australia. Simply submit your online application via our platform, which only takes a few minutes. When we get back to you in under 24 hours, we will offer you a summary of your bridging finance rates. Make a small deposit from $900 to confirm your acceptance of our offer.

We will send you the verification documents via email so you can sign them electronically; you don’t even have to leave home to process your Bridgit loan application. We can get you approved within 24 hours and complete the settlement in as little as a few days.

Do I need equity when applying for a bridging loan?
A bridging home loan means you can borrow money against your property equity. This means you need to have some equity over your home to qualify for a bridge home loan. The required home equity to get bridge loans for real estate varies from lender to lender.

With Bridgit, you can use your existing property equity to borrow funds and purchase your next home. You can borrow anywhere from $300,000 to $4,000,000 over 12 months at Bridgit, with a 80% LVR on the combined value of the properties.

If your property sale is enough to settle your loan, we will release the security over your properties. Suppose you still have an outstanding balance after selling your property. In that case, we will partially release the security, and you may refinance the loan with another lender who can offer you a longer loan term.









Other income requirements for a Bridgit bridge loan in Sydney are as follows:

For PAYG income:

    • Proof of at least six months of continuous employment
    • Evidence of two months’ pay

For retirees with income:

    • If upsizing, documents showing pension and super income may be reviewed

For retirees without income (downsizing only):

    • No income verification required
    • Pension and super income may also be reviewed

For the self-employed:

    • Full document on tax returns for the last two years
    • Alternative document of accountant declaration

Is the loan interest on a bridge loan tax deductible?
In Australia, it is possible to claim a tax deduction on the interest rate of a home loan. With that, it is likely to have the mortgage rate and bridging loan interest rate also be deductible. However, specific conditions must be met to qualify for tax deductions on a bridge loan in Sydney. Properties that generate taxable income, such as investment properties, are tax-deductible, but it is unlikely to get a tax deduction on the loan interest of family homes.

Bridgit adjusts pricing and loan size based on risk. We can definitely help you when you have lower LVRs, higher-quality assets, and stronger credit profiles. The first month of your loan term will be completely free from interest – if you pay back your loan within one month, your loan will only comprise the set-up fee and loan amount. We also don’t charge early exit fees, so you can settle your loan when ready.

We uphold transparency in all our transactions, so we’ll let you know if you incurred valuation fees, settlement fees, government fees, and the like. You may also ask our team anything about bridging loans and any questions you may have about the process.

No need to leave home to apply for a bridge loan in Sydney – submit your application at Bridgit now, and we’ll help finance your dream home!

Bridging essentials

Bridging essentials

Bridging essentials

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 – 5pm

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 0.99% 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.