1300 893 199

Bridging Loan Alternatives

Same Day Approval - Bridging Loan Alternatives with Funds Paid in 48 Hours - up to the Value of Your Property1

24 Hrs 48 Hrs
284 Google Reviews
Kim Kelly
Being able to defer payment was fantastic for us. Our campaign was able to commence immediately and our house was on the market straight away. This is certainly a bonus
July 2022
Alex Speirs
To all concerned, it's been really good working with Realty Assist, they understand that the initial outlay of selling your property can be stressful and in this day and age money can be tight for most families. Realty Assist helps reduce the stress by deferring the on costs until the property sells. Thanks for your understanding Realty Assist.
July 2022
Alison Campbell
How fantastic this allows me to pay my marketing bills later when I sell my house plus I have so many bills right now with selling my house this certainly is a great helping hand Thankyou Realty Assist!
July 2022
Joe Kristof
Great experience from a very professional organisation.
July 2022
Debbie Mealing
Very friendly easy to talk to people, they're very happy to help with any concerns or if you need help with anything. I would highly recommend them.
June 2022
Debra Thomson
What a great easy to work with process. So efficient
June 2022
luke turner
A very simple and convenient process, with everything moving digital it made our experience easy.
June 2022
Dene Hopkins
Great service, very prompt and helpful. Highly recommend this service to anyone selling their home.
June 2022
Dellas Port
Wow! What a fantastic way to assist seller's by deferring market costs until settlement. And so easy to use. Not only do they take the financial stress out of putting your home on the market, but they will even lend you more money to fix up those little things around the house so that you can present your home in the best possible way. And again, repayment is deferred until settlement. Cannot recommend more highly.
June 2022
Darshan Patel
This Guys are best in there field.. really helpful and great with there services. I am not regretting my decision
June 2022
George Petrinovich
Makes sense to cover all marketing expenses at settlement. Less upfront costs to deal with.
May 2022
Alex Knight
So simple and easy to use. No stress involved. Love the service.
May 2022
Hazel fox
Fast, efficient service and a stress free option when selling your property
May 2022
Kay Woodcock
What a fast efficient way to process the payment. Wonderful service.
May 2022
Fiona Newman
Realty Assist Make selling a house so easy by organising all aspects of marketing for us! And it is so helpful that they allow deference of payment until settlement!
May 2022
Fred Morrell
Great service allowing you to free up money at a time when you have more expenses getting ready for the sale and decluttering
May 2022
Philippe Francis Lodoiska
Good assistance to vendors. Nice and easy process. Pay later option. Very reasonable marketing prices. Recommended.
April 2022
Casandra Maria
Pretty straightforward - easy to use and understand.
April 2022
Jackie Nugara
Realty Assist Australia have made selling my home much easier and have taken a great deal of the pressure off during a normally stressful process. Being able to pay for the marketing campaign at settlement is a game changer...
April 2022
Maureen McPhee
Realty Assist was so easy and the option to defer the payment until settlement is a godsend. Thank you
April 2022
Leonie Barbour
Fantastic service, easy to follow and understand, with a pay later option.
April 2022
stuart mcphie
Cool idea,not upfront fees. Works for our situation. Very easy to set up.
April 2022
Rob Stefanovski
A very flexible and affordable solution for preparing your home for sale. I'm an agent and understand how much time effort and money goes into preparing your home for sale... simple and affordable. Highly recommend it!!
April 2022
Margarita Houston
Quick, easy and flexible process to suit any situation. Very good service
March 2022
han Ah-Hoa
The process was easy and fast. Thank you for allowing me to put my home on the market with an option to pay after.
9th March 2022
Steve Steve
Good service and the result I wanted which helped me out. Deferring the cost of marketing until later when I had more cash. Yes there’s always a downside to the interest charged, although it wasn’t huge.
7th March 2022
Michelle Mahony
Funds cleared super fast, easy process and really helped us out. A perfect example of a service that is a win-win for everyone!
February 2022
Trish Kelly
So, so easy! Realty Assist Australia helped me get my property on the market super fast in the safest way! No hassles, no worry 😊 Thank you!
February 2022
Erin Thomas
The process was so easy and straightforward and has taken so much stress out of what is already a very stressful process!
February 2022
David Phelps
Absolutely outstanding service. Extremely professional and genuinely talented.
February 2022
Brenton Greatrex
Absolutely fantastic service and flexible options. I can advertise and sell my house without having to put any money down. $50 is a small price to pay to defer for 60 days. Thank you
February 2022
Ajdin Fetibegovic
Sam and his team go above and beyond to assist wherever they can. Fast and very efficient service. Recommend these guys over and over
February 2022

How it Works - Bridging Loan Alternatives

Selling or Sold Property

Selling Property
You are selling or have sold your property but you need access to some or all of the settlement funds - fast - before it settles.

Get in Touch

Get in Touch
You get in touch and let us know how much and how fast you need access to your settlement funds.

Process Application

Process Application
We review your details, process your application ASAP and keep in touch with you at every step.

Pay Settlement Advance

Pay Settlement Advance
We quickly pay your settlement advance into your chosen account, as soon as your application has been processed and you have agreed terms.

Use Advance Funds

Use Advance Funds
You use your advance to bid at auctions, put down a deposit, buy your new home, make repairs or for any other approved settlement advance purpose.

Extend Advance if Needed

Extend Advance
Your advance is set up to run for 60 days. However if you need more time before your property settles, we can automatically extend your advance terms.

Property Settlement Completes

Settlement Completes
Your property settles and Settlement Advances is automatically repaid out of the settlement funds.
Your application will take only a few minutes to complete, so you can get your Bridging Loan Alternative as quickly as possible.

Compare Settlement Advances to Bridging Loans

Settlemet Advances Logo Typical
Bridging Loans
No Credit Check tick cross
Borrow up to the Value of Property1 tick cross
Same Day Approval tick cross
Typical Funding Time 24 - 48 Hours 2 - 3 Weeks
No Application or Admin Fee tick cross
One-off Credit Fee2 tick cross
Get Started

Bridging Loan Alternative Calculator - Examples up to 60 Days

Example Borrow Repay
Preparing for Sale Costs $10,000 $10,600
Property Advertising Costs $15,000 $15,900
Pre-Sale Property Repairs $25,000 $26,500
Deposit for New Property $80,000 $84,800
Bid at Auction for Property $150,000 $159,000
Purchase Property $500,000+ VIP Rates*

Are there any Alternatives to Bridging Loans?

Our settlement advances are a great alternative to bridging loans, when you need access to some or all of the property sale funds quickly and only for a short time.

Settlement advances can be approved very quickly and the funds paid directly to you in as short a time as 24 hours when it is urgent. We can also fund on the same day, providing the vendor (that's you) can provide documentation quickly to support their application:

  • Contract of Sale - (if applicable) for the property you are selling or advancing against
  • Mortgage Statement - PDF document issued by your mortgage provider
  • Solicitor or Conveyancer - (if already arranged) their name, company and contact details
  • Identity Verification - A clear, colour photo of the front and back of your Drivers Licence

See How it Works above to learn more.

How to Qualify for a Settlement Advance?

In order to qualify for a settlement advance, which is an alternative option to bridging loans, you must have equity in a property or your home, which you intend to sell or have recently sold the property but are awaiting settlement.

We do not credit check your application, as we uyse the equity in the property aainst the advance. Your credit history will not effect your application.

The advance amount can be anything from $5,000 up to the value of your property1 or the equity you have in it.

You can use the advance to cover the costs associated with preparing your property for sale, such as repairs, home advertising costs (VPA), putting down deposits on new properties, bidding at auction or for the outright purchase of a new property - or anyother purpose.

Get Started

Everyday Customer Stories*


Helen was advanced $260,000 on her home settlement to purchase a retirement home

Helen was looking to purchase in an over 55's. Retired and equity rich but cash poor, she was unable to service a loan for the deposit to make the purchase into the new property.

RealtyAssist was able to help with the entire purchase price of $260,000 in under 48 hours and Helen settled on her new place before she settled on her sale. The sold home settled two weeks after she was already happy in her new home.


James was advanced $88,000 on his home settlement to bid at auction

James sold his property on a Tuesday and wished to attend an auction on the upcoming Saturday to purchase his new property. Unfortunately, the banks advised a wait time of approximately 14 days to get a bridging loan in place. This would mean James would miss out on the auction and perhaps buying his next home.

Luckily, with RealtyAssist, James was quickly advanced $88,000 from his sales settlement on the same day he applied and was able to bid at the auction. He was successful in winning the auction!

James got the home he wanted and got the funds in his account within 15 minutes of his application for a small fee of just $3,695.

Frequently Asked Questions

What are Settlement Advances?

Settlement advances offer a fast way to release the equity you have in a property, before it is sold or after it has sold, but when the funds are needed before the the settlement date.

They are are short term funding solution, which allows the vendor (home seller) pay for things such as property repairs, to make the property more appealing to buyers or home sale advertising costs (Vendor paid advertising) prior to the home sale.

Alternatively, when the property has been unconditionally sold, but the funds need to be released prior to the settlement date, such as when the vendor wants to put down a deposit on another property and can not wait till the settlement date. The same is true for property auctions or the purchase of a new property by the vendor.

The settlement advance will run over a short period of time, initially the advance will be set up for a 60 day term - which may be extended. As soon as the property settles, the advance will be repaid.

See How it Works above to learn more.

What is a bridging loan?

A bridging loan offers a short term financing solution, usually to 'bridge' the financial gap when wanting to purchase a new property, before your existing property has sold. The traditional bank funding times for bridging loans, takes 2 or 3 weeks to complete and a credit check is usally performed on the applicant for the loan. Bridging loans typically run for a few months up to a few years.

Are settlement advances a good alternative to bridging loans?

If funding is needed to be quicker than the 2 to 3 weeks needed for a bridging loan, then a settlement advance is a good option. Settlement advances can be reviewed and approved on the same day and funded between 24 and 48 hours in most cases. No credit check is needed for a settlement advance, unlike bridging loans.

What can settlement advances be used for?

They can be used for any purpose from pre home sale repairs, paying for home advertising costs, ptting down a deposit on a property, before you have completed your current home sale. They can also be used to assist bidding at auction, where you just can't wait for the settlement date on the property you are selling. They can also be used to purchase your next property outright, up to the value of the property you are waiting on settlement1 - or any other purpose.

Are there any bridging loan alternatives which do not require a credit check?

Yes, with settlementadvances.com.au (that's us), the advance is secured against your upcoming home sale, so your credit history is irrelevant to the transaction. We do not make any credit enquiries against your application.

Can bridging loans be approved on the same of application?

Generally no. Bridging loans typically take two or three weeks to review and approve before they are funded. Settlement advances can be paid on the same day in an emergency, but generally between 24 hours and 48 hours in most cases.

Are there any faster alternative products to bridging loans?

Yes, Settlement advances can be paid on the same day when urgently needed, but typically take between 24 hours and 48 hours to be funded.

How do settlement advances and bridging loans compare?

Settlement advances have many advantages over bridging loans. They do not require a credit check, you can generally borrow up to 100% of the equity in your property value1, can be approved on the same day you apply and funded in 24 to 48 hours.

See our Bridging Loans Comparison Chart above.

How long does the application take?

The application will only take a couple of minutes. We need your contact details, your property address and amount of equity you have in it. Then we just need some details on your advance requirements. How much you need and for how long, and some idea how urgent your request is and what the advance will be used for. That's it.

How much can I borrow or advance?

You can generally borrow up to the equity you have in the selling property1, minus any fees. If you own the property outright, then you can borrow up to the total value of your property1.

The maximum amount we can advance is $5,000,000.

How much will a settlement advance cost me?

That will depend on a number of factors. For a quick review of typical costs, see our Repayment Costs Chart above.

When do I have to repay my settlement advance?

As part of the terms of your agreement with us, your settlemnt advance will be repaid at the same time that your property settlement completes.

What documents or details do you need from me?

We will need to review some of the documents below, in order to complete your advance in a timely manner:

  • Contract of Sale - (if applicable) for the property you are selling or advancing against
  • Mortgage Statement - PDF document issued by your mortgage provider
  • Solicitor or Conveyancer - (if already arranged) their name, company and contact details
  • Identity Verification - A clear, colour photo of the front and back of your Drivers Licence

The documents we need to see, will depend on whether you already have an unconditional sale or are preparing for your home sale.

How can I speed up my application?

To help speed up your application, complete the short enquiry form above, which should only take 3 or 4 minutes, give us your advance details (make sure to select '24 hours'), contact details and property details straight away. We will give you a call back, so be ready to accept a phone call from us or give us a call directly to 1300 893 199, during office hours.

Can I get a joint settlement advance?

If the property you are intending to sell, is in both your names, then yes, you can get a joint settlement advance.

How long can I take out the settlement advance for?

Most advances can complete in the initial, standard 60 days loan term, as set up in your agreement with us. However, in some cases, the loan term may need to be extended for an additional 30 days loan term or longer.

What is the best way to put down a deposit on a home, before my property settles?

If you don't have ready access to the cash needed for the deposit and are waiting on your property settlement date to access the funds, then you could consider a settlement advance, which could give you access to the cash needed in 24 to 48 hours, in most cases. The advance can then be easily repaid when your property finally settles.

Can I get an advance on the sale funds for home repairs, before I list my home for sale?

Yes you could. We offer advances for home repairs and advertising listing costs, before and to help you, list your property.

Can I get a loan to help with advertising costs to help sell my home?

Yes, you could. We offer a vendor paid advertsing (VPA) option, so you can get stress free access to the funds you need to properly market your property for sale. The advance can then later be easily repaid, when the property sells, on the settlement date.

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