At Allott Capital, the borrower chooses to take out a bridging loan. One of the main benefits is that it allows you to purchase a new property before you’ve sold your existing one. This can be useful if you need to move quickly, or if you want to avoid the stress of having to sell your current property before you can buy a new one. Bridging loans can also offer flexibility in terms of repayment options, and they may have lower interest rates than other types of loans.
Minimum Loan Amount: $50,000
Maximum Loan Amount: $5,000,000
Up 85% LVR
Up to 6 Months Loan Term