Frequently Asked Questions (FAQ)

Can I use a short term property loan to purchase property at auction in Perth?

Whether you can use short term property loans in Perth to secure a property at auction may depend on the specific loan, its terms, and the speed of funding.

At Bridgit, as long as you meet our eligibility criteria and go through the credit assessment process, you can use our bridging loan to purchase a property at auction. We understand the urgency of those needing short term property loans in Perth.

We want to empower Aussie homeowners to buy and sell property on their own terms, and we may be able to help access funds against your equity before selling. You can reach out to us, and we can guide you on how we can potentially help you with our loan solutions.

Do I always have to upgrade my house to qualify for a bridging loan?

You don’t need to be upgrading or upsizing your house to qualify for a bridging loan. Our solutions cater to a diverse range of needs, whether you’re a retiree looking to downsize and embrace a new lifestyle or part of a growing family planning to upsize. Our bridging finance options are flexible and designed to support your aspirations.

How do I find reputable lenders offering short term property loans in Perth?

Finding reputable short term property lenders requires careful research and an understanding of your specific financial needs.

A reliable provider of short term property loans in Perth should be transparent about every aspect of the loan. This includes clear information on the terms and each fee associated. The quality of customer service is a key indicator of a lender’s reliability and professionalism.

At Bridgit, we’re redefining the real estate financing options for Perth homeowners. We distinguish ourselves from traditional lenders by offering an innovative approach to bridging loans. Allowing homeowners to buy before they sell, we offer an initial interest-free period with no annual fees, monthly fees, or early repayment fees.

Our team is dedicated to providing outstanding support and guiding clients through every step of their loan. We’re committed to offering you sufficient time to sell your existing property without the pressure of a rushed sale.

Bridgit: championing short term property loans in Perth

Founded in 2021, our mission at Bridgit is to revolutionise the way Australians access property finance. We specialise in bridging loans, offering a ‘tech-first’ approach that ensures a smooth, convenient lending experience.

Whether you’re seeking short term property loans in Melbourne or short term property loans in Canberra, we’re your go-to expert. Our technology-driven solutions are designed to empower Aussie homeowners, enabling them to purchase their dream homes without the pressure of selling first.

Apply today.