MPFG Capital | Non-Bank Lender Australia

Bridging Loan Specialist Bridgit Expands Broker Access via SFG Panel

Bridgit, one of Australia's leading bridging loan specialists, has joined Strategic Finance Group's (SFG) lender panel as of April 2026, expanding broker access to short-term property finance solutions at a time when bridging demand is surging across the country.

What This Means for the Bridging Finance Market

The move signals a clear shift in how brokers and aggregators are responding to market conditions. With Sydney and Melbourne entering a cooling phase while Brisbane and Perth continue to heat up, more property owners are caught between selling an existing home and settling on a new purchase — the classic bridging loan scenario.

Bridging loans allow borrowers to access equity from their current property to fund the deposit or full purchase price of a new one, with repayment triggered once the original property sells. For borrowers facing tight settlement timelines or unusual income structures, non-bank lenders like MPFG Capital often provide faster, more flexible bridging solutions than the major banks.

Key Bridging Loan Facts for Australian Borrowers (2026)

Feature	Typical Range
Loan term	3–12 months
Maximum LVR	Up to 75–80% (peaked security)
Interest rate	Variable, generally 8–12% p.a.
Repayment	Interest-only during bridge period
Approval speed	24–72 hours (non-bank lenders)

Who Uses Bridging Finance?

Bridging loans are commonly used by:

Upgraders who want to buy before they sell to avoid living in temporary accommodation
Property developers needing short-term capital between construction completion and refinancing
Self-employed borrowers whose income documentation doesn't meet bank timelines
Investors who need fast settlement to secure an off-market or auction purchase

The growing availability of bridging products through broker networks is important. According to MFAA data, brokers now settle over 74% of all new residential mortgages in Australia, making panel access a critical distribution lever for specialist lenders.

The Non-Bank Advantage in Bridging Finance

Major banks typically apply standard residential lending criteria to bridging facilities — which can exclude self-employed borrowers, those with irregular income, or anyone with a credit event in recent years.

Non-bank lenders like MPFG Capital assess bridging applications based primarily on the security property's value and the borrower's exit strategy (usually a sale or refinance), rather than pure income qualification. This means faster decisions and higher approval rates for borrowers who don't fit the bank mould.

What Borrowers Should Consider

Exit strategy first — bridging finance depends on a clear repayment path. Document your property sale timeline or refinance plan before applying.
Total cost of borrowing — interest compounds during the bridge period. Understand your monthly cost and ensure it's sustainable.
LVR across both properties — lenders calculate exposure across your current and new property. Keep combined LVR conservative.
Use a specialist — bridging scenarios are complex. Work with a lender or broker experienced in short-term property finance.

As the broader broker market expands its bridging panel options, borrowers in 2026 have more choice than ever — particularly through non-bank channels that prioritise speed and flexibility.

This article is for informational purposes only and does not constitute financial advice. Loan eligibility is subject to individual assessment.