Loan Features:

  • A Bridging Loan allows you to purchase a new home before finalising the sale of your existing one.
  • Interest capitalised until existing home sold (max of 6 months). Speak with BDM for 9 or 12 months bridging period
  • Loan servicing is checked on the end debt assuming the current security is sold
  • Exclusively available on variable rate option.
  • 100% offset facility that can help save on interest while paying down your loan quicker.
  • Suitable for owner-occupiers and investors.

Eligibility Requirements:

  • Existing Owner occupied security with sufficient equity
  • Clear Credit history
  • 80% LVR on the peak debt

Securities:

  • High density units
  • Securities up to 10 HA
  • All metro, Cat 1 or Cat 2 securities acceptable.