iscover 
Among the changes is a new 85 per cent loan-to-value ratio (LVR) solution for closed bridging scenarios of up to $8 million.
As a lender specialising in bridging loans, Bridgit said the updates to its products, pricing and staff are a direct response to broker feedback and insight.
Other key changes include the following:
- Reduced and now fixed set-up fee of 0.60 per cent on 12-month terms (previously from 0.79 per cent p.a.) or 0.95 per cent on 24-month terms (previously from 1.15 per cent p.a.).
- Expanded use of automated valuation models and desktop valuations for eligible properties listed or under contract, making bridging finance easier to access and simpler to use.
- Six new hires in the distribution and partnerships team to meet broker demand.
These updates build on the non-bank lender’s recent expansion to 24-month loan terms and loan sizes up to $10 million, as well as the January appointment of David McQueen as chief operating officer.
Stephen Doyle, chief commercial officer at Bridgit, said the refresh reflects what the lender has been hearing from their 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.
“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.”
Aaron Bassin, CEO and co-founder of Bridgit, said the updates are further proof of Bridgit’s commitment to lead the market through innovation.
“These updates reflect how Bridgit continues to lead by finding better ways to help people unlock the equity in their property.
“We’ve now reduced and fixed our set-up fees to provide certainty and simplicity, launched a first-to market 85 per cent LVR solution to unlock more value from equity, extended loan terms to 24 months so borrowers can move on their timeline, and doubled down on broker support ensuring we have the best local BDMs in the market.
“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.”
Bridging finance expanding
These latest changes follow a slew of announcements from the specialty lender.
Back in May 2025, Bridgit partnered with Aussie to deliver additional bridging finance options for Aussie customers and brokers.
Following the Aussie announcement was a partnership with LMG to provide a bridging loan to its broker network.
Bridgit by LMG is now available to LMG brokers, with future plans to integrate Bridgit’s platform into the aggregator’s CRM to reduce “double handling and creating a faster, more seamless path to approval for brokers and their clients”.
In September 2025, Bridgit was also added to the Yellow Brick Road aggregation panel.
[Related: MA Money unveils suite of non-standard products]