Bridging Loans

Bridging Loans from the Best Mortgage Broker in Hawthorn - AXTON Finance

Rated 5 from 515 Reviews

Expert Bridging Loans from the Best Mortgage Broker in Hawthorn

When you're navigating the complex decision of whether to buy or sell first in Hawthorn's competitive property market, bridging loans from the best mortgage broker can provide the financial flexibility you need. AXTON Finance specialises in bridging finance solutions that bridge the gap between selling your existing home and buying a new one, giving you access to some of the best interest rates available through our extensive network of banks and lenders across Australia. Our expertise in the local property market ensures you receive tailored advice that aligns with your unique financial situation and property goals.

Bridging loans from the best mortgage broker in Hawthorn offer a strategic advantage when timing is crucial in your property transaction. These short-term loans typically run for 6 to 12 months, providing sufficient time to sell your existing property or complete construction of a new home. AXTON Finance understands that every borrower's circumstances are different, which is why we assess your borrowing capacity, loan to value ratio (LVR), and overall financial position to secure optimal bridging loan options. Our streamlined application process minimises paperwork while maximising your chances of approval, often requiring standard documentation such as bank statements and property contracts.

The application process for bridging finance through AXTON Finance is designed to be efficient and comprehensive. We help calculate bridging loan repayments based on your specific loan amount and chosen interest rate structure, whether you prefer a variable interest rate or fixed interest rate option. Our team works diligently to secure interest rate discounts where possible, ensuring you access competitive bridging loan rates that suit your budget. The peak debt calculation includes the contract purchase price of your new home plus associated costs like stamp duty, while the end debt represents your position once the existing property sells.

Choosing bridging loans from the best mortgage broker in Hawthorn means partnering with professionals who understand the intricacies of interest capitalisation and peak debt management. AXTON Finance can arrange loan pre-approval to strengthen your buying position, and we explore options for offset accounts to help minimise interest costs during the bridging period. Whether you're purchasing a home loan property or an investment loan opportunity, our expertise ensures you're well-positioned to take advantage of market opportunities without the stress of perfect timing alignment.

AXTON Finance's commitment to being the best mortgage broker in Hawthorn extends beyond simply arranging bridging finance. We provide ongoing support throughout your loan term, helping you understand variable loan rates movements and fixed interest rate loan benefits as market conditions change. Our local knowledge of Hawthorn's property market trends, combined with access to lenders mortgage insurance (LMI) options where needed, positions us to deliver comprehensive bridging loan solutions. Get pre-approved with confidence knowing that AXTON Finance will guide you through every step of your bridging finance journey with professional expertise and personalised service.

How much can you borrow to buy?

AXTON Finance - Melbourne's Best Mortgage Brokers

Frequently Asked Questions

What exactly are bridging loans and how do they work?

Bridging loans from the best mortgage broker in Hawthorn are short-term financing solutions that help you purchase a new property before selling your existing one. AXTON Finance arranges these loans to bridge the gap between transactions, typically for 6 to 12 months. The loan amount covers the purchase price of your new home, with interest often capitalised until your existing property sells. This allows you to secure your dream property without waiting for your current home to sell first. For personalised advice on how bridging finance could work for your situation, book a free consultation with AXTON Finance.

How much can I borrow with bridging finance?

The bridging loan amount you can access depends on several factors including your borrowing capacity, the value of both properties, and your overall financial situation. AXTON Finance assesses your loan to value ratio (LVR) across both properties to determine your maximum borrowing limit. Generally, lenders consider the combined value of your existing property and the contract purchase price of your new home. Our team at AXTON Finance has access to bridging loan options from banks and lenders across Australia, each with different lending criteria. Contact us for a free consultation to understand your specific borrowing capacity.

What interest rates can I expect on bridging loans?

Bridging loan rates vary depending on the lender, your financial profile, and current market conditions. As the best mortgage broker in Hawthorn, AXTON Finance works to access some of the best interest rates available through our extensive lender network. You can choose between variable interest rate and fixed interest rate options, depending on your preference and market outlook. Interest rate discounts may be available based on your overall relationship with the lender. For current bridging loan rates and to understand which option suits your needs, schedule a free consultation with our experienced team.

Do I need lenders mortgage insurance for bridging loans?

Lenders mortgage insurance (LMI) requirements for bridging finance depend on your loan to value ratio and the specific lender's policies. AXTON Finance evaluates whether LMI is required based on your combined property values and loan amount. Some lenders may waive LMI if your overall LVR is sufficiently low, while others may require it regardless of the ratio due to the short-term nature of bridging loans. Our expertise in bridging finance means we can guide you through these requirements and find lenders with favourable LMI policies. Book a free consultation to discuss LMI implications for your specific situation.

How long does the application process take?

The application process for bridging loans from the best mortgage broker in Hawthorn is typically faster than traditional home loans due to our streamlined approach. AXTON Finance's efficient loan application process can often achieve approval within days rather than weeks, depending on the complexity of your financial situation and the lender's requirements. We'll need standard documentation including bank statements, property contracts, and income verification. Getting pre-approved can further expedite the process when you're ready to make an offer. Contact AXTON Finance for a free consultation to understand the timeline for your specific circumstances.

Should I buy or sell first in the current market?

The decision of whether to buy or sell first depends on various factors including the local property market conditions, your financial situation, and personal circumstances. Bridging loans from the best mortgage broker in Hawthorn can eliminate the need to choose by allowing you to do both simultaneously. AXTON Finance's knowledge of Hawthorn's property market helps inform this decision, considering factors like supply and demand, seasonal trends, and your specific property types. Our bridging finance solutions provide flexibility regardless of market conditions, ensuring you don't miss opportunities due to timing constraints. Book a free consultation to discuss your optimal strategy with our expert team.

Get help from our Mortgage Brokers

We are passionate about delivering reliable client outcome and not just a cookie-cutter service. With over 100 years of combined industry experience, you can trust the team at AXTON Finance.

Joyce Cheng - Mortgage Broker at AXTON Finance

After a distinguished career in private banking at Macquarie Bank, Joyce recognised the value she could provide to clients in a smaller business setting, serving a diverse range of individuals from emerging wealth and high net wealth backgrounds.

Joyce Cheng

Senior Mortgage Broker

Nicole Campbell - Mortgage Broker at AXTON Finance

With over 20 years of experience working in senior mortgage broking roles, Nicole's experience means she has expert knowledge in lending. Whether it be complex lending structures or first home buyers, Nicole's focus is always reliable client outcomes.

Nicole Campbell

Partner Mortgage Broker

Luke Rowland - Mortgage Broker at AXTON Finance

Driven by a desire to empower his clients with the knowledge, resources and service to deliver results, Luke has earned a reputation, shown in his stellar career trajectory for his exceptional proficiency across the lending spectrum.

Luke Rowland

Partner Mortgage Broker

Access to Competitive Rates from Leading Lenders

Select from over 35 different lenders offering hundreds of mortgage products.

Our Reviews

We pride ourselves on being brokers you can actually trust, from the initial consultation through to annual reviews that we perform years after your settlement, our tailored services and relationship focus is built to last.

Need proof that we are one of Melbourne’s best mortgage brokerages? Don’t just take our word for it – we have hundreds of positive Google reviews from real clients so you can rest assured you’re making the right choice with choosing AXTON Finance.

Google Reviews

Rated 5 from 515 Reviews

David was amazing to work with. He helped us secure a loan with Bank of Melbourne to buy our family home. David is knowledgeable and made the buying process simple, keeping us updated every step of the way. Highly recommend David!

Natalie Tran

Today

Nicole was amazing to deal with. Her communication was exceptional and she made sure to thoroughly explain the process from start to finish. Nicole is professional and very knowledgeable and I would not hesitate to recommend.

Lisette Giles

a day ago

Adam Piper was outstanding in supporting us through our first investment property purchase. His guidance, clear communication, and support made the process well ordered. We couldn’t recommend Adam more highly, he’s fantastic at what he does.

Ryan Wilkes

2 days ago

Joyce and the team at Axton went above and beyond with the processing of our application until its approval. I would definitely recommend them and use their services again in the future!

kathryn guiao

This month

Nicole was fantastic. Helped us understand all of the steps in the process, was thorough, detailed and responsive. Was able to turn around a really short settlwment period with no fuss... high recommend

Matt O'Rourke

This month

Melanie Faoro (Senior Mortgage Broker) is an absolute gem, and I was so fortunate to be referred to her. Having worked with other brokers and loan specialists previously, I was often disappointed in that they would engage readily at first, but frequently withdrew when complexities arose. Mel was completely different. From the very start, she was clear about the challenges of my case, yet she remained dedicated to finding viable options. Her transparency was a factor missing in my past experiences. Mel stuck with me through a truly tireless journey, keeping me informed and in the loop every step of the way. She was consistently accessible and responsive for questions and follow-ups. Thanks to Mel's expertise, her kind and compassionate manner, and her unwavering dedication, I have finally reached the conclusion of my matter which is a massive source of relief. I cannot recommend her highly enough and look forward to working with her for my future needs. I will certainly be referring her to my friends and family.

Joyce Tam

This month

Joyce was fantastic throughout the whole process. Would recommend her to anyone looking for a fantastic broker

Ethan Davies

This month

I couldn’t recommend David Pelligra highly enough. He’s genuinely the best broker out there and made the entire process from start to finish an absolute breeze. David is incredibly knowledgeable and what I truly appreciated most was how fast he was with communication and getting back to me. If you’re looking for a broker who is efficient, honest, and always on top of things, David's your guy. Thanks again for your help!

Matthew Pozzebon

This month

AXTON Finance - Melbourne's Best Mortgage Brokers

Frequently Asked Questions

How do rental income and tax benefits affect my investment loan application?

Investment properties offer unique advantages in terms of rental income considerations and tax benefits, but these vary based on your individual circumstances and the specific property. The tax implications can be complex and should be carefully considered as part of your overall investment strategy. Book a consultation to understand how these factors apply to your situation and investment goals.

Can I use equity in my existing home to buy an investment property?

Using existing property equity for investment purchases is a popular wealth-building strategy, but the approach varies depending on your financial position and goals. There are several structuring options available, each with different benefits and considerations. Our experts can assess your equity position and explain your options during a complimentary consultation.

How much can I borrow for a home loan?

Your borrowing capacity depends on various personal and financial factors. While general guidelines exist, your actual borrowing power is unique to your situation, income, and financial goals. The best way to understand your true borrowing capacity is through a personalised assessment. Contact us for a free consultation where we'll provide you with an accurate borrowing estimate tailored to your circumstances.

Can I refinance my existing home loan or investment loan to get a better rate?

Refinancing can offer significant benefits, but whether it's right for you depends on your current loan terms, financial situation, and future goals. Market conditions and available products change regularly, so it's worth having your loans reviewed. Contact us for a free loan review to see if refinancing could improve your financial position.

What deposit do I need for an investment property loan?

Deposit requirements for investment properties vary between lenders and depend on your overall financial profile. While there are general guidelines, your specific situation may open up different options or require alternative approaches. Let us assess your circumstances in a free consultation to determine the most suitable deposit strategy for your investment plans.

What documents do I need to apply for a home or investment loan?

Documentation requirements vary depending on your employment type, loan amount, and chosen lender. Rather than providing a generic list, we prefer to give you a personalized checklist based on your specific situation and loan type. During your free consultation, we'll outline exactly what documents you'll need and help streamline your application process.

What types of home loans does AXTON Finance offer?

We offer a comprehensive range of home loan solutions including owner-occupier loans, first home buyer packages, refinancing options, and specialised lending products. Every situation is unique, which is why we work with multiple lenders to find the right fit for your circumstances. Book a free consultation with our experienced brokers to discover which loan options best suit your needs and financial goals.

How long does the loan approval process take?

Processing timeframes can vary based on your situation, chosen lender, and current market conditions. While we work to expedite every application, each scenario is different. The best approach is to discuss your specific timeline needs during a consultation, where we can provide realistic expectations and work to meet your settlement requirements.

What is an investment property loan and how does it differ from a home loan?

Investment property loans are specialised financing solutions designed for rental properties. They have different requirements, benefits, and tax implications compared to standard home loans. The specifics can vary significantly based on your investment strategy and financial situation. Schedule a free consultation with our investment property specialists to understand how these loans work and whether they align with your investment goals.

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