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What is a Bridging Loan?
A Bridging Loan is a short-term solution designed to give you financial flexibility between property transactions. It lets you purchase your next home or free up cash while you wait for your current property to sell.
Whether you’re:

· Upsizing into a larger home
· Downsizing for retirement
· Releasing equity for personal or investment purposes

Lendplus makes the transition smoother, so you don’t have to put your plans on hold while waiting for a lengthy settlement or sale process.
Nothing to pay until settlement
Funds available within 24 hours
Borrow up to 80% of property value
Flexible access to funds during the sale process
Easy to understand

Features, Variables and Fees

Featurs:

Up to 80% LVR – Access up to 80% of your property’s value.
Fast access to funds – Approval and settlement often within 24 hours.
No repayments until settlement – Nothing to pay until your property is sold.
Flexible drawdown – Access funds progressively during the sales process.
Short-term solution – Designed to cover the gap between selling and buying.
Simple application – Easy process with minimal paperwork.

Accepted purpose:

Upsizing into a larger home
Downsizing for retirement
Releasing equity for personal or investment purposes
How we help

Ready to get moving?

Wherever you are in your journey, help is here however you need it.
Check your borrowing power

Use our simple calculator to work out how much you might be able to borrow.

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Get online pre-approval

Move ahead with confidence. Our online indicative pre-approval tool gives you an answer instantly. It's fast and fuss free.

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Contact a trusted adviser

Your local Adviser will be able to look at your financial situation and help you decide the best way forward.

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Why LendPlus

Free thinkers like us see the possible!

When others see the impossible, we look past that and see what we can achieve together.
Customers

We’ve helped more than 10,000 customers get financial.

Experience

Supporting free thinkers from diverse backgrounds for over 25 years.

Safty

Proudly B Corp certified to make a difference beyond borrowing.

Difference

Championing women in sport to make a difference on and off the field.

Whether it’s a home, car, business, commercial or personal loan you’re after, we can help you find a solution that works for you.
About LendPlus   

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FAQs

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