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

Short Term Bridging Loan

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)

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?
Fast approval outcome
We'll provide you with a loan approval outcome in less than 24 hours.
No monthly repayments
No monthly repayments or fees with 1 month interest-free.
No double mortgages
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 do I choose the best bridging loan provider?
There are many bridge financing companies, but they generally fall under two categories: traditional and online lenders. Traditional lenders, like banks, are often associated with slow manual processes, and their terms can be more rigid and strict as well. Meanwhile, most online lenders are streamlining the application process for short-term bridging loans, allowing for faster loan approvals. You are also more likely to get a personalised loan offer from online or modern gap financing providers.

At Bridgit, we aim to cut through the red tape imposed by traditional lenders by simplifying the bridging loan application process. We pride ourselves on offering 24 hour approval by using technology to speed up the application criteria and process loans quickly, so you get to the next stage of your property journey with little fuss.

Get a free conditional-approval online outlining rates and fees tailored to your unique loan scenario – you’ll be able to see just how competitive our bridging finance rates are. We offer loans of up to $4,000,000 for up to 12 months, so you have more than enough time to sell your old property and settle into your new home. Plus, you don’t have to deal with monthly repayments; you can settle your loan by the end of your loan term or right after selling your property.

What should I look for when comparing bridge loan offers?
The lender you choose for a short-term bridging loan plays a huge role in your overall bridge financing experience. Consider these factors when selecting your lender to improve your chances of landing a great offer:

Bridging loan interest rate

Interest fees are a primary expense when it comes to a bridging home loan, so comparing interest rates can pinpoint which lender offers the most affordable deal. Aside from the interest rate itself, also consider how soon you need to pay the interest fees. At Bridgit, we offer an initial interest free period. If you repay your loan early, your interest will be recalculated and your repayment amount reduced to reflect your actual term.

Extra fees and charges

Some lenders may lure you in with low-interest rates, but you may pay more with hidden fees. Ask your lender what fees they charge, such as deposit fees, set-up fees, and early repayment fees. Transparency in pricing is an indication of a trustworthy lender. Here at Bridgit, there’s no need to worry about early exit fees and hidden charges. We are always upfront about pricing, and you can pay back your loan when you’re ready without incurring additional costs.

Loan application process

Taking a short-term bridging loan can be stressful if your lender has a long and tedious application process. Before sending your loan application, learn the bridging loan requirements of your lender and how you can comply with them. At Bridgit, you don’t even need to leave home just to apply for a bridge loan. You can complete the application in under ten minutes and possibly get approval within 24 hours. You may submit the requirements online and affix your signatures electronically as well.

What is a good bridge loan interest rate?
At Bridgit, we do bridging loan interest rates a little differently; we offer an initial interest free period with no monthly repayments until you have sold your property and discharge your loan.

Moreover, Bridgit adjusts pricing and loan size according to risk, so you are sure to get a fair deal here. If you have a low loan-to-value ratio (LVR), a strong credit profile, and high-quality assets as collateral, there is a greater chance for us to offer you a good bridging loan interest rate.

Bridgit also takes pride in our Australian-based crew, who can assist you with anything you need our help with. From understanding Bridgit loans better to getting help buying a new home, you can rely on our team. You can schedule a call with the Bridgit team at any time on our platform.

Look no further than Bridgit for your short-term bridging loan needs! Send your application today, and let us help you make your dream house a reality.

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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.