Bridgit announces first to market 85% LVR solution, pricing updates and expanded distribution team as part of refreshed value proposition
Bridgit today announced a suite of product, people and pricing enhancements designed in direct response to broker feedback and insights.
The updates create greater value for broker clients, make Bridgit’s product easier to recommend and use, and further demonstrate how Bridgit continues to lead and innovate in the bridging finance industry.
Key changes for brokers:
Reduced and now fixed set-up fee of 0.60% on 12-month terms (previously from 0.79% p.a.) or 0.95% on 24-month terms (previously from 1.15% p.a.), providing greater upfront clarity and simplicity for brokers and their clients.
A first-to-market 85% LVR solution for closed bridging scenarios up to $8 million, providing greater borrower capacity for larger loan amounts.
Expanded use of AVM and desktop valuations for eligible properties listed or under contract, making bridging finance easier to access and simpler to use.
Six new hires in the Distribution and Partnerships team, providing deep local support and meeting growing demand from brokers.
These updates build on the non-bank lender’s recent expansion to 24-month loan terms and loan sizes up to $10m, as well as the January appointment of industry heavyweight David McQueen as Chief Operating Officer.
Innovation driven by broker insight
Stephen Doyle, Chief Commercial Officer at Bridgit, said the refresh reflects what brokers have been asking for.
“Insights were collected through direct broker engagement and complemented by discussions with partners and wider industry research. This gave us a deeper picture of what brokers want.
“Brokers told us they love the speed and accessibility of Bridgit. They value simplicity and flexibility. We’ve listened.
“This is the first in a series of enhancements we’ll be rolling out this year to further support our broker network.”
Aaron Bassin, CEO and Co-Founder of Bridgit, said the updates are further proof of Bridgit’s commitment to lead the market through innovation.
“These updates reflect how Bridgit continues to lead by finding better ways to help people unlock the equity in their property.
“We’ve now reduced and fixed our set-up fees to provide certainty and simplicity, launched a first-to-market 85% LVR solution to unlock more value from equity, extended loan terms to 24 months so borrowers can move on their timeline, and doubled down on broker support ensuring we have the best local BDMs in the market.
“Bridgit continues to grow as an enabler, giving people the flexibility to move forward on their terms, and make the most of the equity in their home.”
The refreshed pricing and policy structure is now available for brokers and live on Bridgit’s website and broker portal.
About Bridgit
Bridgit is a tech-driven, non-bank lender revolutionising property lending via bridging loans, with its simple online loan application, 24-hour approval and no monthly repayments. It empowers Australian homeowners to access their hard-earned property equity and secure their next home before selling their existing property. In doing so, homeowners can act fast and not miss out on opportunities to purchase their next dream home.
Founded in 2021 by capital markets specialist Aaron Bassin and mortgage broker Nick Jacobs, Bridgit is a multi-award-winning fintech, recognised with the People’s Choice Award for Lending Innovation (Finder Awards 2025), Best Fintech Growth Story (FinTech Awards 2025) and ranked #10 in the 2025 Deloitte Tech Fast 50 list.
For more information, visit Bridgit.com.au
