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Found your new home but haven’t sold your current one? Let us help take some of the stress out of moving into your new property.

A Bridging Loan is a short-term loan that can help you finance the purchase of a new home or existing property while you sell your current one. It’s a great solution that allows you to avoid the stress of having to sell your home first and find temporary accommodation and storage.

Our Eziway Loans specialist can help you determine if a Bridging Loan is the right loan for you by considering your financial circumstances.

There are two types of Bridging Loans:

Closed Bridging Loan

When you’ve already obtained a Contract of Sale on your current property and know the date of when your home will be sold and the funds will be received.

Open Bridging Loan

Is used if your current home hasn’t been sold yet. An open bridging loan can be arranged for up to 12 months.

Bridging Loan application process:

Here’s a general guide for how we make one of the most exciting times in your life, easy!

  • Step #1: Meet with your Mortgage Broker

    We’ll meet with you to understand your financial & lifestyle goals and do the research to ensure that a bridging loan is the right loan for you. We will work out the repayments and answer any questions that you may have.

  • Step #2: Prepare your application

    Once we've helped you choose the loan that's right for you, we'll help you prepare the application and guide you through the process.

  • Step #3: Unconditional approval

    Unconditional (full) approval is formal acknowledgement that your bridging loan application has been approved.

  • Step #4: Complete loan documents

    Once you loan documents are ready, we will arrange for you to sign and complete what is required.

  • Step #5: Settlement

    Your conveyancer or solicitor will arrange the settlement directly with your chosen lender.

  • Step #6: Move into your dream home!

    Our service doesn't end once your loan settles. We stay in touch to make sure things are tracking well and the chosen loan solution is right for your needs now and in the future.