Bridging Loan INV
Bridging loans are suitable for customers who are looking to purchase a new property while awaiting sale of their existing proper and seek short-term finance to cover paying both loans.
- From (investment)
- 9.81%
- 9.91% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Interest Only repayment: 70% maximum LVR | 9.81% | 9.91% | Bridging Loan INV |
Fees
| Fee | Type | Amount |
|---|---|---|
| Telegraphic transfer fee within Australia Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia. | Event | $35.00 |
| Account Information Fee Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, traces, document copies (other than those specified above) and/or information pertaining to an account Where further investigation is required an additional hourly rate of $20 per hour will apply. An estimate of the costs involved will be provided prior to the work being undertaken. | Event | $20.00 |
| Arrears Letter Fee Payable where Great Southern Bank sends you a letter in relation to arrears on your account. | Event | $22.00 |
| Default Notice Fee Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account. | Event | $33.00 |
| Bridging Loan Establishment Fee Bridging loan establishment fee applies for a bridging loan which includes the cost of processing the application and the preparation of the Great Southern Bank loan documentation. |
Features
- Redraw facility
- Enjoy free redraw. Access your additional home loan repayments with redraw, so you can use it whenever you need some breathing space. A $200 minimum withdrawal amount applies for redraws conducted in-branch.
- $0 Monthly or annual fees.
- Digital banking
- Wherever you are in the world, Great Southern Bank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
- Guarantor supported
- A guarantor is someone who promises to repay money that is owed to us under a loan, if for some reason the borrower doesn’t.
- Extra repayments
- Reach your property goal sooner. Enjoy the flexibility of being able to make unlimited extra repayments without penalty.
Eligibility
- Residency status — You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- Minimum age — 18 yearsTo be 18 or over
- Individuals onlyApplications are for individuals and personal use purposes only.
Constraints
- Maximum LVR — 70%Max LVR for Bridging Loan products is 70%
- Maximum limit — $5,000,000.00
- Minimum limit — $100,000.00Minimum application amount of $100,000; or switching or restructuring of the home loan you already have with us when it includes new borrowing of at least $10,000.
- Minimum LVR — 1%Min LVR for Home Loan products is 1%
More Information
Published by Great Southern Bank under the Consumer Data Right · Last updated 14 May 2026 · Product ID 4400-0601 · View on CDR.gov.au