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Unlock funds for a deposit on a new home
To help with the staging costs to sell your home
To assist with the purchase of another property e.g. retirement home
Deposit on a new home
Contribute towards a property purchase
Purchase a land lease home
Purchase a retirement or community home
No more missed opportunities! Unlock your property equity now, sell later.
The Unlockit loan can be used to:
In order to qualify for the Unlockit loan you must be selling your existing property and be able to repay the loan before the end of your loan term.
The Unlockit loan is secured against the value of your existing property and has a simple structure with no monthly repayments, a speedy 5 minute application and approval within 24 hours.
Don’t miss out on your next property opportunity, apply for the Bridgit Unlockit loan today and unlock your property equity.
Set up fee from 1.5%
2 months interest free*
Min $75k, max $4M
Up to 6 months loan term
No monthly repayments
LVR up to 80%
Schedule a call
Fees can vary depending on your unique loan scenario.
From 1.50%
The set up fee starts from 1.50% and is calculated as a percentage of the total loan.
2 months
The first 2 months are interest free
From 0.67% p.m after interest free period
Loan amounts more than or equal to $500,000, interest is 0.67% p.m (8.21% p.a comparison rate^).
Loan amounts less than $500,000, interest is 0.85% p.m
(10.39% p.a comparison rate^).
Interest is calculated daily which means you only pay interest for the amount of days you go over the 2 months.
From $900
The deposit is paid to accept your conditional approval offer and allows you to move into the final stages of loan approval. On settlement we apply a credit of the same amount.
From $150 per valuation
We complete a valuation of the properties so we can confirm the final loan amount.
Vary by state
These fees generally include the mortgage registration fee, discharge fees, pexa fees and legal fees.
Complete our online application to find out what costs may apply to your unique scenario (don’t worry it doesn’t cost anything to apply!).
Apply nowEligibility requirements
Postcode requirements
No income or expense
details required
Quick and simple online application, with bank level security and encryption.
Get approved within 24 hours and progress with confidence.
Make the most of opportunities! Repay the loan once your existing home has sold.
Bridgit Loan
Disclaimer
^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for interest only loans will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Bridging Loan set up fee is from 0.99% and government charges apply.
Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.