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.
Category: Home Loans  Last Updated May 14, 2026  Effective September 27, 2021

 General Lending Rates

Rates listed below are for a VARIABLE INVESTMENT Interest Only product. Additional Information Interest Only repayment: 70% maximum LVR
Interest Rate
9.81% PA
Comparison Rate
9.91%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Redraw Additional Information: 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.
  • Other Additional Information: $0 Monthly or annual fees.
  • Digital Banking Additional Information: 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 Additional Information: 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 Additional Information: Reach your property goal sooner. Enjoy the flexibility of being able to make unlimited extra repayments without penalty.

 Product Eligibility

  • Residency Status - You Must Be An Australian Citizen Or Australian Resident To Hold An Account With Great Southern Bank.
  • Min Age - 18. Additional Information: To be 18 or over
  • Natural Person Additional Information: Applications are for individuals and personal use purposes only.

 Bank Fees and Charges

  • Telegraphic Transfer Fee Within Australia (Event), Amount: 35.00. Additional Information: 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.
  • Account Information Fee (Event), Amount: 20.00. Additional Information: 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.
  • Arrears Letter Fee (Event), Amount: 22.00. Additional Information: Payable where Great Southern Bank sends you a letter in relation to arrears on your account.
  • Default Notice Fee (Event), Amount: 33.00. Additional Information: Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account.
  • Bridging Loan Establishment Fee (Event), Amount: 400.00. Additional Information: 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.
  • Application Fee (Event), Amount: 350.00. Additional Information: Bridging loan application fee payable at time of making the application and non-refundable.
  • Security Adminstration Fee (Upfront), Amount: 235.00. Additional Information: For each security offered to the Great Southern Bank loan. A securities administration fee applies to all secured credit facilities. The securities administration fee represents the average cost based on typical charges incurred in settling loans, including: • Progressive drawdowns • Bank cheque fee • Agent fee • Land title search • Credit reference fee • PPSR searches • PPSR charges
  • Discharge Fee (Exit), Amount: 500.00. Additional Information: If you pay out the loan partially or in full where a discharge of security is required, or you request a discharge of a security, a discharge fee is payable (per release or transaction).
  • Production Fee (Event), Amount: 100.00. Additional Information: If you request a title held by Great Southern Bank to be produced to a relevant state’s land titles office for any purpose, a production fee is payable.
  • Re-documentation Fee (Event), Amount: 300.00. Additional Information: Where a borrower requests, and Great Southern Bank agrees, to a restructure of a loan between approval and funding and that change requires amended documentation to be prepared, a fee will be payable.
  • Variation Fee (Event), Amount: 300.00. Additional Information: A variation fee is payable if you request any changes to the Credit Contract or Security - for example: - Re-arrange and/or substitute a security on a mortgage - Consent to any dealings in relation to property - Switch from one interest rate product to another, at the request of the borrower - Where a fixed interest rate has decreased between loan approval and loan funding, at the request of the borrower.

 Limitations & Restrictions (Constraints)

  • Max Lvr of 0.70 Additional Information: Max LVR for Bridging Loan products is 70%
  • Max Limit of 5000000.00
  • Min Limit of 100000.00 Additional Information: Minimum 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.
  • Min Lvr of 0.01 Additional Information: Min LVR for Home Loan products is 1%

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