Bridging lender Bridgit has unveiled a series of product, pricing and distribution changes aimed squarely at making its offering more attractive – and easier to use – for mortgage brokers and their clients.
The non-bank says the refresh is built off direct broker feedback and comes on top of its recent move to extend loan terms to 24 months and increase maximum loan sizes to $10 million. It also follows the January appointment of former Pepper Money executive David McQueen as chief operating officer.
In 2025, Bridgit says it supported over $2.6 billion in property transactions, maintained a 4.9 Google rating and 4.8 Trustpilot rating, and recorded its fastest approval in just four minutes, underscoring the scale and service focus behind the latest changes.
Headline changes include a new closed-bridging solution at up to 85% LVR for loans up to $8 million, designed to boost borrowing capacity for clients needing larger transactions.
Bridgit has also cut and fixed its set‑up fees, moving to 0.6% on 12‑month terms (down from a starting point of 0.79% per annum) and 0.95% on 24‑month terms (previously from 1.15% per annum). The lender says the shift is intended to give brokers and borrowers clearer, more predictable pricing at the outset.
Use of AVMs and desktop valuations is being expanded for eligible properties that are listed or under contract, which should further speed up bridging approvals and reduce friction for time‑sensitive deals.
Chief commercial officer Stephen Doyle (pictured left) said the changes are a direct response to the broker channel.
“Insights were collected through direct broker engagement and complemented by discussions with partners and wider industry research. This gave us a deeper picture of what brokers want,” Doyle said. “Brokers told us they love the speed and accessibility of Bridgit. They value simplicity and flexibility. We’ve listened.
“This is the first in a series of enhancements we’ll be rolling out this year to further support our broker network.”
To back this up, Bridgit has added six new members to its distribution and partnerships team to provide more local support and respond to growing broker demand.
CEO and co-founder Aaron Bassin (pictured right) said the updated proposition underscores the lender’s ambition to set the pace in the bridging space.
“These updates reflect how Bridgit continues to lead by finding better ways to help people unlock the equity in their property,” Bassin said. “Bridgit continues to grow as an enabler, giving people the flexibility to move forward on their terms, and make the most of the equity in their home.”
The updated pricing and policies are now live on Bridgit’s broker portal and website.
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