Buying? What is the price of the property?
Building? What are the land and construction costs?
It’s never been easier to buy or build a new home before selling your existing property. We have market leading bridging solutions that are fully featured and as user friendly as they come.
You also get stand out features including:
Loans at our advertised rates (no rate loading), including fixed rates.
A 100% offset facility that can help save on interest while paying down your loan quicker.
Loan servicing capability based on the (end) debt you have once your home is sold (for loan to valuation ratios less than 80% only).*
No repayments required while your existing home is onsale (the bridging period) as interest is capitalised.**
Suitable for owner occupiers and investors.
Real valuation values used without buffering for risk.
No fixed rate penalty at time of partial discharge (i.e. when your loan is paid down, completing the bridging phase).
2nd mortgage options available on property to be sold.
*Loan to valuation ratio (LVR) must not exceed 80% for end debt servicing to apply.
**Bridging period up to 6 months for existing homes or up to 12 months for construction.