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

What is Bridging Loan

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

No items found.

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)

Is a bridging loan the same as a mortgage?

For those who are not sure what is bridging loan, they may wonder whether it’s the same as a regular mortgage. Basically, they are two different kinds of credit.

A mortgage is a long-term commitment you make to buy a property. In contrast, a bridging loan is like a helping hand you get for a short time. Think of it as a temporary solution, filling in the gap when you’re buying a new home but haven’t sold your old one yet. 

Are there different types of bridging loans?

Part of knowing what is bridging loan is also knowing the different types available to suit your needs. Some of the common ones include:

    • Closed bridging loans: If you have a contract of sale on your existing property and know exactly when you can pay back, this is for you. It has a predetermined end date, often linked to a property sale.
    • Open bridging loans: Perfect for those who aren't quite sure about their repayment date. Maybe you're waiting for that property sale to finalise.

Remember, each type offers a unique set of benefits of bridging loans, so be sure to choose one that truly suits your needs. When you choose Bridgit, you can be sure that our bridging loans are flexible enough to fit various loan scenarios.
Do I need good credit to get a bridging loan?

Your credit score does play a role, but it’s not the only thing lenders look at. Since bridging loans are usually tied to the property you’re buying, lenders can sometimes be more flexible.. Good credit, of course, can open doors to better terms and rates. With that, it’s best to maintain a good credit score by making your repayments on time and limiting the loans you take out. 

Get started with Bridgit now 

In an era where traditional lenders are still fumbling with lengthy and outdated processes, Bridgit emerges as a beacon of efficiency and modernity. Say goodbye to the long waiting times and uncertainty; with Bridgit, the future of swift and hassle-free bridge loan applications is right at your fingertips.

In merely a five to ten-minute span, your online application could be all set and ready. No more waiting around endlessly – you can get an approval offer in twenty-four hours if you meet our bridging loan eligibility criteria. And the best part? We make settlement possible in as little as a few days.

Still unsure about the specifics? Or maybe you’ve got a burning question besides ‘What is bridging loan?’ such as ‘What is my bridging loan interest rates?’ or even ‘How to use a bridge loan calculator?’ Don’t hesitate to get in touch with us! Our dedicated customer service team is on standby, eager to guide you. Feel free to reach out to the Bridgit team on weekdays from 9.00 a.m. to 5.30 p.m. 

With Bridgit, the future of the Australia loan landscape is here, and it’s streamlined, efficient, and inclusive. It’s time to make your move and buy on your own terms. So, what are you waiting for? Apply now!

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.