Bridging Loans

Bridging Loans

Get in touch if you need a cashflow injection for personal use when you:

Your bank can’t deliver based on circumstance or time, you don’t have financials in order (but have equity in your home or other real estate), or you need short term bridging funds to:

  • Renovate or prepare your property prior to sale
  • Complete a small land subdivision or duplex intended for sale
  • Get a deposit for a new property (investment or principal place of residence)
  • Help with moving, living, legal or medical costs
  • Pay a personal bill or debt that can’t wait until the property is sold
  • Downsize

Product snapshot:

  • $25K – $500K+
  • By caveat, 2nd or 1st mortgage
  • Funding typically within 3 – 5 days from application
  • Loan terms from 2 to 24 months+
  • Available Australia-wide
  • No credit check or income assessment
  • Minimal documentation
  • Real estate backed (residential real estate required to obtain a loan)
  • Flexible underwriting
  • NCCP compliant
  • Australian Credit Licence 422165 (Mango Mortgages Pty Ltd)

The upside of a bridging loan:

  • Access the equity in your home within days to help buy your new home quickly or pay deposit on your next residential purchase
  • You’re not limited to buying properties that are on the market after you’ve sold your current home
  • Avoid the stress of having to sell in a hurry, and by doing so, you potentially get a better price on your house
  • Maximise the market value of your home in preparation for sale
  • Can help reduce or avoid storage and/ or temporary rental property costs
  • Create wealth by completing that small subdivision or duplex
  • Fully regulated by ASIC with the extra protection of AFCA membership (Mango Mortgages only)
  • Obtain funding for personal purposes