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A bridging loan may be necessary to cover the financial gap when buying one property before your existing one is sold. This finance is secured against the existing property (utilising equity) and the new property being purchased. Usually, bridging loans are short term (normally 6 months) to allow for the sale of the original property and more expensive than other types of loans. There are alternative ways to finance a change from one home to another, so please talk with us to discuss your options.
Every client’s needs are different. We take time to understand your goals and tailor finance solutions to suit them.
From loan application to settlement and beyond, we stay by your side.
Proudly based in New South Wales, we understand the local market and financial landscape.
A bridging loan is a type of short-term loan intended to “bridge the gap” between selling your current property and buying a new one. Without having to wait for settlement or the final sale profits from your present house, it enables you to continue swiftly with your new acquisition.
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