A bridge loan is an interim financing solution meant to help you buy a new property while you’re working on selling your current one. Typically, people sell their existing home and use the generated equity to purchase a new property. However, there are instances when acquiring a new property before selling the existing one can be more beneficial. This is where Bridge loans come in. Depending on your requirements and credit history you may be able to borrow up to 75% of LVR.
With our experience in the financial industry, we have a deep understanding of the bridge loan market and are well-equipped to guide you through the process, ensuring a smooth and stress-free experience.
Flexible Plans & Repayments
Yes, depending on the property value and recent credit history it is possible to get a bridge loan in spite of having bad credit. The interest rates however may be slightly more.