1300 893 199

Bridging Loans in Australia

Same Day Approval for a Bridging Loan in Australia with Funds Paid in 48 Hours* up to the Available Equity in Your Property1

24 Hrs 48 Hrs
609 Google Reviews
Nicole Rumenos
Made it every easy for me and very reasonable interest if you choose to pay later
March 2023
Aleisha Puca
Completely seamless process! Highly recommend.
March 2023
Raymond John Melton
I found this Business a pleasure to deal with, professional, expedient, & simplistic. highly recommend this Business & its Services to anyone seeking assistance pre, during or post selling a property.
March 2023
Lesley Cooke
The answer to my prayers! Wanting to sell a house but not having the funds to show it off correctly was a worry. This system has allowed me to tidy up the place and market it well. Can I give six stars? Worth it
March 2023
A wonderful Company, that you can use when you don’t have any extra money coming in from rent, while in the process of selling your place. It lifts a lot of pressure off us. What a great service. Total recommend to all my friends.
March 2023
Meg G
This is a fantastic service that reduces the financial pressure of selling your home when there’s already so many expenses! Highly recommend!
February 2023
D Scotcher
Definitely helps with the cash flow when selling the house …. Fees come out of settlement funds
February 2023
Kitty Hunter
A big shout out to Mel who is an absolute delight to deal with - she's extremely knowledgeable with any queries that I have, is always prompt to respond with further information if required, and is just lovely to deal with in general.
February 2023
Troy Matheson
Great idea and helpful in tough times when so many expenses come up when selling a property
February 2023
Kristy-Lee Guazzo
Karyn at explore is efficient, responsive and delivers exceptional results. She made the process of selling our properties extremely easy.
January 2023
Casie Black
Mel, from the customer success team was nothing short of efficient. Thank you for making life easy.
January 2023
Donna Hansen Clish
These guys really go the extra mile they know what you want and make it happen. Dreams really do come true.
January 2023
Ritesh Jain
Daniel Waters is amazing. He is very knowledgeable, helpful and always ready to help. I will highly recommend his service.
January 2023
Jason Lamaro
This place has taken the stress out of the process ,i recommend these guys to anyone new to the process of selling a property
January 2023
Laura Twining
Great service, easy to use - takes the financial pressure off at an already stressful time
December 2022
Wendy Young
I’m impressed with the level of professionalism and like that I am constantly informed of what is happening
December 2022
Lilo Stadler
A well thought out service, easy to understand and use. The cost is not prohibitive. So far I cannot see any reason for not using it and I shall report again at the conclusion of the process.
December 2022
Leanne Coleman
Great system, giving option to pay advertising on settlement, smooth very easy to use!!
November 2022
Terry Mezger
Easy to use. Good repayment terms that allow for settlement terms
November 2022
Star Guo
It is a easy and quick process to arrange my marketing fees to be paid after the property is sold. Great service and very handy!
November 2022
Olimpia Chilnicean
Very professional and friendly service, doesn't waste time. Good communication
October 2022
Stephen Choy
Great service and understanding of individual circumstances to accommodate with this service for our property sales journey
October 2022
Leonie Kitchen
We have had many experiences selling property, however this is our first experience having the opportunity to defer Advertising costs. This is a good service to allow extra time and hopefully deduct costs at settlement.
October 2022
Heath Family
Makes managing payments so efficient, takes the worry out of $$ management, giving you the option to defer your payments takes so much stress out of an already hectic time... press and forget
September 2022
Kieron Gubbins
Very prompt professional service and would definitely use them again.
September 2022
Tom Morris
I used this service to pay the marketing costs of listing my property, and it was a very easy and seamless process.
August 2022
Anna Devlin
Very quick and easy to get the application approved, and one less thing to stress about when selling your home.
August 2022
Dani Evans
Such an easy, straight forward process! Super fast, we had our approval overnight, we applied outside of business hours and Sam phoned by 9am the next morning. Very simple to use interface and the links provided were very self explanatory, even gave a breakdown of fees. Sam was an absolute lovely bloke to deal with and so helpful! Cannot fault our experience and would recommend 100%
August 2022
Kim Kelly
Being able to defer payment was fantastic for us. Our campaign was able to commence immediately and our house was on the market straight away. This is certainly a bonus
July 2022
Alex Speirs
To all concerned, it's been really good working with Realty Assist, they understand that the initial outlay of selling your property can be stressful and in this day and age money can be tight for most families. Realty Assist helps reduce the stress by deferring the on costs until the property sells. Thanks for your understanding Realty Assist.
July 2022
Dellas Port
Wow! What a fantastic way to assist seller's by deferring market costs until settlement. And so easy to use. Not only do they take the financial stress out of putting your home on the market, but they will even lend you more money to fix up those little things around the house so that you can present your home in the best possible way. And again, repayment is deferred until settlement. Cannot recommend more highly.
June 2022

Do You Qualify for a Bridging Loan in Australia?

In order to qualify with Settlement Advances with your bridging loan in australia enquiry;

You must:

  • Be over 18 years of age
  • Be an Australian resident or citizen
  • Own or have a mortgage on your home or property
  • Be selling( or have recently sold) your home or property
  • Be able to solve your cashflow needs with a bridging loan in australia
  • Be able to repay your advance on settlement( when your property sells)

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What Other Options are There to Bridging Loans in Australia?

There are a number of bridging loan alternatives to consider to bridging loans, and the best option will depend on your situation and needs.

  • Pre Settlement Advances - Used for a short period of time, primarily when your property has been sold but pending the release of funds
  • Caveat Loans - Terms generally run between one and twelve months and are lodged against the title of the property
  • Home Equity Loans - Also known as second mortgages and generally run for five to ten years, so are useful when you are not planning on selling your current home
  • Early Deposit Releases - When your property is under offer and a deposit has been paid, early deposit release or section 27 in Victoria, may give you access to the deposit early

What Can Bridging Loans in Australia be Used For?

Bridging loans in australia can be useful in a number of situations, where you are asset rich( in a property) and have a shortfall in cash and need access to your equity fast.

If you are in the process of selling your property, you know that when your property sells, the equity that you have built up in your property will be available to you, however if you need to make use of that locked up equity before the settlement date, a bridging loan in australia may help.

Some common examples include:

  • Getting an advance prior to the property sale for essential repairs
  • Putting down a deposit on your dream property
  • Bidding at auction for your dream property
  • Completing a property purchase to an agreed date - before your sale completes

Where are Settlement Advances available in Australia?

Unlike Section 27 (Early Deposit Releases), which are only available in Victoria, our settlement advances are available in every state across Australia.

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • South Australia
  • Tasmania
  • Northern Territory
  • Australian Capital Territory

How it Works - Bridging Loans in Australia

Selling or Sold Property

Selling Property
You are selling or have sold your property but you need access to some or all of the settlement funds - fast - before it settles.

Get in Touch

Get in Touch
You get in touch and let us know how much and how fast you need access to your settlement funds.

Process Application

Process Application
We review your details, process your application ASAP and keep in touch with you at every step.

Pay Settlement Advance

Pay Settlement Advance
We quickly pay your settlement advance into your chosen account, as soon as your application has been approved and you have agreed terms.

Use Advance Funds

Use Advance Funds
You use your advance to bid at auctions, put down a deposit, buy your new home, make repairs or for any other approved settlement advance purpose.

Need More Time?

Extend Advance
Your advance is set up to run for 60 days. However, if you need more time before your property settles, please contact us for assistance.

Property Settlement Completes

Settlement Completes
Your property settles and your Settlement Advance is automatically repaid out of the settlement funds.
Your Bridging Loan in Australia application will take only a few minutes to complete, so you can get your funds as quickly as possible.

Compare Settlement Advances to Bridging Loans

Settlemet Advances Logo Typical
Bridging Loans
Borrow up to Available Equity1 tick cross
Same Day Approval tick cross
Typical Funding Time 24 - 48 Hours 2 - 3 Weeks
No Application or Admin Fee tick cross
One-off Credit Fee2 tick cross
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Bridging Loans in Australia Calculator


Standard Rates

VIP Rates*

Example Advance up to 60 Days1

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Bridging Loan in Australia Costs Chart - Examples up to 60 Days

Example Borrow Repay
Preparing for Sale Costs $10,000 $10,600
Property Advertising Costs $15,000 $15,900
Pre-Sale Property Repairs $25,000 $26,500
Deposit for New Property $80,000 $84,800
Bid at Auction for Property $150,000 $159,000
Purchase Property $500,000+ VIP Rates*

Frequently Asked Questions

What is a bridging loan?

A bridging loan is a short term financing solution, which will allow you to purchase your new property before you sell your current property.

Bridging loan terms vary and are usually set up between six months and three years, depending on the lender and your needs. They usually take two or three weeks from application to approval, so are not always the best solution, if you need access to finance quickly or only need funding for a short period of time.

How much could I borrow with a settlement advance loan?

The amount you could borrow will depend on both your needs and the equity value of your property.

Our settlement advances can be funded up to 80% of the property value1 with a maximum limit of $5,000,000.

For larger advance amounts, over $500,000, we offer VIP rates*.

What kind of documentation do you need to approve my application?

The documents we require, will depend on your current property status and individual circumstances.

Be providing the documents we need as soon as possible, we will be able to evaluate your application quicker. All documents should be emailed through to us at docs@settlementadvances.com.au while quoting your name and property address.

  • Contract of Sale - (if applicable) for the property you are selling or advancing against
  • Mortgage Statement - PDF document issued by your mortgage provider
  • Solicitor or Conveyancer - (if already arranged) their name, company and contact details
  • Identity Verification - A clear, colour photo of the front and back of your Driver's Licence

How can I buy a new home before I sell my current home?

Buying a new home before selling an existing home is quite common and is usually facilitated through a bridging loan or settlement advance.

If your property is already under offer, then a pre-settlement advance loan may be a suitable option to consider, as they can be funded quickly, usually between 24 and 48 hours, plus the loan term is short and can be aligned with the property settlement date.

If you have not started selling your property yet, but have already found a property you'd like to purchase, then a bridging loan may be a good option to consider. However approval turnaround times may be too slow in some cases.

How can I buy and sell a house at the same time?

It is possible to buy a new property and sell your current property at the same time through a settlement advance loan.

The way settlement advances work, is that, the loan is secured against the property value1 and the agreement is set up, that the advance will be repaid in full, on the property settlement date. The property which is being sold, must be under an unconditional offer, in order to take out a settlement advance with us. The settlement date should be within 61 days from the advance start date.

The settlement advance can be paid quickly, usually within 24 to 48 hours of application, allowing the vendor time to purchase a new property or put down a deposit on a new property.

When would I have to repay my loan with Settlement Advances?

Your settlement advance repayment date would be aligned with the settlement date of the property you are currently selling.

Are settlement advances a type of bridging loan?

Settlement advances work in a similar way to bridging loans, but are different in a few aspects:

  • The vendor's property must be under unconditional offer for a settlement advance to be approved
  • Settlement advances have a short loan term, usually under 60 days. If a longer term is needed, please contact us to discuss
  • Settlement advances can be approved very quickly, usually within 24 to 48 hours of application

Learn more about Pre-Settlement Advances.

Map of our Bridging Loans Coverage in Australia

Also See:

Fast Caveat Loans - Caveat loans are a type of property equity loan, which are secured against the value of the property title by caveat.

Short Term Property Loans - Settlement advances offer the release of available equity in your property - fast, for a shorter property loan term than available via bridging loans.

Alternatives to Bridging Loans - Settlement advances are a great alternative to bridging loans, to consider, when you need quick access to your property sale funds.

Property Funding Options - Check out our infographic, covering a range of funding options available to first time buyers and homeowners.

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