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Infinity Capital > IC Products > IC Specialist Residential Bridging

IC Specialist Residential Bridging

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Key Niches

  • $990 Application Fee will be deducted at settlement
  • 24-48hours turnaround time
  • Unlimited cash out & no funds control
  • No annual fee, no monthly fee, no offset fee

Our Services

GET THE Product GuideDownload the pdf file of latest update for this service.

Need Help ?

Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now

02 8029 0408

1300 137 599

[email protected]

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Product Summary

Established Property

Max LVR

Residential:80%
Commercial:75%

Loan Term

Bridging period set to suit applicants requirements (maximum 2 years), where there is to be a residual debt – terms can be provided up to 30 years (inclusive of bridging period).

Loan Purpose

Purchase or Construction – short-term loan to settle or build a
new property prior to selling existing property.

Max Loan Size

$100,000-$25,000,000

Repayment Type

Interest only during peak debt period reverting to Principal and Interest (P&I).

Redraw Available Yes – however not during bridging period
Acceptable Security

All locations considered

Document Checklist

Income Documents (PAYG)

  • Application Form
  • Verification of Identity (VOI)
  • Contract of Sale (if purchase)
  • Existing account statements (if refinance)
  • Bridging Loan Borrower Declaration
  • Full Doc:
  • 2 payslips and employment letter/contract; OR
  • last 2 years financials/tax assessment notices
  • Lite Doc
  • Borrower repayment declaration PLUS one of the following:
  • Accountant’s Letter (template available)
  • 2 months BAS
  • 12 months Trading Statement

Our Services

GET THE Product GuideDownload the pdf file of latest update for this service.

Need Help ?

Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now

02 8029 0408

1300 137 599

[email protected]

Calculator

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