Bridging Loan FAQ

A bridging loan is short-term finance secured against property that covers the gap between buying and selling. It lets you settle on a new property before your existing one sells, and is repaid from the sale proceeds or by refinancing to a longer-term loan.

Buying before you sell, auction purchases, settlement gaps, renovations and subdivisions, small developments, business cash flow, stock or equipment purchases, and commercial property acquisitions.

Terms typically run from one to twenty-four months. Most buy-before-you-sell facilities are structured over three to six months, with extensions considered if a sale takes longer than expected.

Bridging finance suits people whose problem is timing rather than borrowing capacity, and who have real equity plus a clear exit. If it is not the right fit we will tell you — the initial assessment is free and there is no obligation.

Most straightforward applications receive a decision within 24 to 48 hours. More complex deals — multiple securities, commercial property, company borrowers — usually take three to five business days. Settlement can follow within days of approval.

Property details, proof of identity, evidence of your exit strategy (a sale contract or refinance approval) and basic financials. We will tell you exactly what is needed after the first call — no unnecessary paperwork.

Often, yes. We focus on the property security and the exit strategy rather than credit history alone. Defaults, arrears and past credit events are assessed case by case rather than being an automatic decline.

Rates are priced on risk: the quality of your security, the loan-to-value ratio and the strength of your exit strategy. They sit above standard home loan rates because the facility is short-term and fast to fund. Interest is often capitalised so there are no monthly repayments, and every cost is quoted upfront in writing.

There are no upfront application fees. Establishment, valuation and legal costs are disclosed in writing before you commit and are usually deducted at settlement rather than paid out of pocket.

Facilities generally run from $100,000 to $5 million, typically up to 75–80% of the value of the security offered. Adding a second property as security can increase what is available.

Bridging loans are secured against property — the property you are buying, the property you already own, or both (cross-collateralisation). Residential, commercial and vacant land can all be considered.

Your exit strategy is how the loan gets repaid: usually the sale of your existing property or a refinance to a mainstream lender. Because the loan is short-term, the exit is the single most important part of the assessment — a clear, realistic exit matters more than your income.

Talk to us early. In most cases the facility can be extended or restructured while the sale completes. If the property is not selling we will help you review pricing, marketing or an alternative refinance before default interest becomes an issue.