Bridging Loan
BCU Bank's bridging loan is a short-term fully secured loan, that allows you to finance the purchase or construction of a new home before your current home is sold.
- From (owner occupied)
- 9.76%
- 9.79% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Rate available to existing customers. · Rate available for new accounts. · Rate available to new customers. | 9.76% | 9.79% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Statement Retrieval Fee Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement. | Replacement | $2.50 |
| Loan Establishment Fee No fee for establishment or top-up of the home loan. | Upfront | $0.00 |
| Legal Fee Payable at cost when legal advice or services are required over the life of the loan. | Other | Variable |
| Third Party Document Production Fee Payable at cost if the Bank incurs costs or had to pay a third party in connection with something that needs to be done under the Loan or Security. | Other | Variable |
| Construction Progress Payment Fee Charged per drawdown payment that is made on your construction loan. | Upfront | $50.00 |
| Title Consent Fee Payable when we are requested to consent to a change relating to your title. | Event | $150.00 |
Features
- Digital banking
- Keep a close eye on the details that matter. Use internet banking or mobile app to view your loan balance, track your interest rate, and maturity date.
- Extra repayments
- Extra repayments are allowed on variable home loans without additional charges.
- Guarantor supported
- Subject to our credit policy, the customer may be able to nominate a guarantor during the origination process.
Eligibility
- Minimum age — 18 years
- Individuals onlyMember must be a natural person rather than another legal entity.
- Credit eligibilty criteria, terms and conditions, fees and charges apply.
- You must be or become a BCU Bank member
- Residency status — At least one applicant must be an Australian or New Zealand citizen or an Australian permanent resident. Income for non-permanent residents isn't included. Australian's living overseas are eligible only if they had prior lending with PNL.
Constraints
- Maximum limit — $5,000,000.00Maximum loan amount is $5,000,000
- Maximum LVR — 80%The maximum Loan to Value Ratio is 80%
- Minimum limit — $20,000.00Minimum loan amount is $20,000
- Minimum LVR — 0.01%The minimum Loan to Value Ratio is 0.01%
More Information
Published by BCU Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 141 · View on CDR.gov.au