How Do Bridging Loans Work in Australia

How Do Bridging Loans Work in Australia

A bridging loan is a type of short-term finance used to “bridge the gap” between the purchase of a property and the longer-term funding arrangements. In other words, it can be used to buy a property before the buyer’s current home has been sold. In...
Bridging Loan Calculator

Bridging Loan Calculator

You’ve probably heard about bridging loans before, but you might not be sure what they are or how they work. A bridging loan is a short-term loan that allows you to bridge a financial gap until you get your house paid off. Think of it as a way to get your foot in the...
Bridging Loan Rates

Bridging Loan Rates

In Australia, banks charge fixed and variable interest rates for loans. These fixed interest rates help you understand the cost of borrowing and whether a bridging loan rate is affordable. Depending on your situation, you may qualify for different loan rates. For...
Bridging Loan Rates

What is a Bridging Loan?

What is a bridging loan? Effectively, it is a short-term finance option that can be used to ‘bridge’ the gap between two transactions. The duration of a bridging loan is generally between 6 and 18 months, but can last longer. Bridging loans are primarily...
How to Choose a Bridging Loan

How to Choose a Bridging Loan

There are many types of bridging loans in Australia, and each type has its specifications and requirements. Before applying for one, you need to know the exact type that fits your situation. Here are the tips on how to choose a bridging loan: Check the interest rate...