Low doc bridging loans with Bridgit
Buy now, sell later
Best Lending Innovation
Winner – Finder People’s Choice Awards
Bridgit with a low doc bridging loan
A low doc bridging loan is typically used by self-employed borrowers, casual workers, retirees, and freelancers who may find it difficult to provide conventional proof of income.
At Bridgit, we take a common-sense approach to income verification, by accepting alternate proof of income.
Non-standard income earners
Our low doc bridging loans are designed to help borrowers who do not have the standard PAYG payslips, financial statements or tax returns needed for a traditional loan. However, the type of documentation needed will depend on the customers unique scenario.
Upsizing low doc bridging
Our low doc bridging loans or alternate documentation loans are suitable for customers who are upsizing to a property with a larger value of their existing home and are self-employed or do not have the standard PAYG pay slips.
Downsizing low doc bridging
If a customer is downsizing to a property with a smaller value than their existing home, they will qualify for no income verification. This is because after the sale of their existing property, they are able to pay back the loan in full with out any remaining mortgage or need to finance a longer-term loan.
Find out more about our low doc bridging loans
Bridgit loans are made for today. By utilising technology, we process your information quickly and move you throughout the application and loan process efficiently. This helps take the stress out of the lending process so you can focus on making better decisions when it comes to buying your next dream property.
Although we are faster, everything we do is designed to be more trusting. We will always make sure that we provide the best solution for you. We have a team of amazing Aussies to support you along the way.
Bridgit Bridging Loans
Buy now, sell later
Bridge Rate from
7.74% p.a.
Stay Rate1 from
7.04% p.a.
All rates are variable.
7.17% p.a.
Variable Bridge Rate
8.24
8.33
Bridgit Bridging Loans
Buy now, sell later
Variable Bridge Rate
8.74
8.84
Bridge Rate from
8.24% p.a.
Stay Rate1 from
7.54% p.a.
7.67% p.a.
1
Apply in minutes
Quick and simple online application with bank level security and encryption.
2
Fast approval
Get approved within 24 hours and progress with confidence.
3
Buy now
Make the most of opportunities! Take your time finding your next perfect home.
4
Sell later
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 24 months.
Simple process, faster approval
Apply online in under 5 minutes and get 24 hour approval. Don’t miss the opportunity to buy your dream home today.
Headache free,
stress free
No monthly repayments and up to a 24 month loan term, giving you plenty of time to sell your existing property.
Expert support,
Aussie based
Our specialist team is here to support you every step of the way.
Trusted by customers
who Bridgit
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 onrefinance (if applicable).
04
Sell
Sell your existing property and pay down your Bridgit loan. No rush, you have up to 24 months.
Hear from customers who
bridged it
Chris & Sharanne relocated to their ultimate dream acreage with Bridgit!
From city to coastal, Giles and his family secured their dream lifestyle change
.avif)
Mark and Kay rightsized into their next perfect home with Bridgit!
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.
1 The Stay Rate will only apply if a repayment is made from the sale of Outgoing Properties (or another repayment method approved by us, at our discretion) and the repayment reduces the Amount You Owe to an amount that is equal to or less than your Residual Loan Balance.
^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. For Upsizer loans, a Bridge Rate applies for the first 12 months, followed by a Stay Rate thereafter. For Downsizer loans, only the Bridge Rate applies. WARNING: This comparison rate is true only for the example provided and may not include all fees and charges. Different loan amounts, terms, or fee structures will result in different comparison rates. For interest-only periods, your loan balance does not reduce, meaning you may pay more interest over the life of the loan. Set-up fee from 0.79% and government charges apply.