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Short term

Loan terms of six or 12 months.

No ongoing fees

No monthly or ongoing fees.

Borrow up to 80%

of the property value.

Make extra repayments

Any time, without penalty.

Build a bridge to your next home

A Bridging Home Loan lets you move ahead and negotiate a new home purchase before selling your existing property. It's a fully secured, short-term loan that can also help you buy your new home or build your dream one.

Short-term home financing

  • Variable interest rate.
  • Short term loan for six or 12 months.
  • Borrow up to 80% of the property value.
  • No repayments required – but you can make payments if you’d like.

Rates & fees

Competitive rate and low fees to bridge your finance gap.

The basics

Loan purpose Owner occupier
Minimum loan amount $20,000
Maximum loan term 12 months
Maximum LVR (includes LMI) 80%

Interest rates

Loan to Value Ratio (LVR) Variable rate

Comparison rate*

Up to 80% 9.52% p.a. 9.55% p.a.

Fee type
Monthly maintenance fee $0
Document Preparation fee $300.00

Other fees & charges that apply to all of our accounts can be found on our fees and charges page.

Ready to apply for your Bridging Loan?

Saving money and paying off your home loan sooner is easy with P&N. And we’ve made applying for your loan just as easy. You can apply:

  • In your nearest branch – remember to bring all your ID and supporting documentation.
  • Over the phonecall us on 13 25 77 and one of our friendly loan consultants will help you with your home loan application.
  • At home or at work – our mobile lending team can come to you, or we can set up a video call.
Book an appointment Make an enquiry

Applying for your home loan is easier and quicker when you've got what you need, so be prepared with your: 

  • Identity documents
    • primary photo ID (e.g. passport or driver's licence), or
    • primary ID without a photo (e.g. birth certificate or citizenship certificate) and a secondary ID (e.g. a utility bill with your name and address on it).
  • Employment details – contact details of your current and previous employer if less than 2 years.
  • Income details – payslips or, if you're self-employed, tax assessments for the last two years, and financial statements.
  • Regular expenses – such as food, rent, electricity, telcos, insurance & medical costs.
  • Assets – a rundown of any assets that you own (any cars, deposit accounts, home contents, properties, investments).
  • Liabilities – the details of any loans, credit cards, pay later or other debts you have.

Got everything? Book an appointment with a home loan specialist today.

Book an appointment

We’re here to help

Drop us your details and a home loan specialist will get back to you.

Ready to apply?

Set up a phone, video or in-person appointment with one of our home loan specialists.

Talk to our friendly team

Got a question? Call us on 13 25 77 or pop into your nearest branch.

Your bridging loan questions answered

A bridging loan is a short-term fully secured loan, that allows you to finance the purchase of a new home before your current home is sold.

It is also suitable for people who require finance for the construction of a new owner-occupied property while they are actively selling their existing property.

P&N Bank bridging loans are variable rate, interest only loans, with a weekly, fortnightly, or monthly repayment option. Loan terms range between six and 12 months.

For more information on bridging loans, see our Bridging Loan Target Market Determination.

Buying a property costs much more than just the purchase price. You'll need to consider additional costs such as stamp duty, building and pest inspection fees, strata costs, pro rata council rates, transfer fees and more.

Use our home buying and selling cost calculator to get an accurate breakdown of the costs involved. 

Read more about the costs in buying a home

It's more common than you'd expect to buy a new property before selling your current one, especially when the real estate market is hot.

We have a range of loans available to assist you and the expertise to guide you through the buying and selling process. 

Plus, our helpful Buying and Selling calculator can help you estimate the cost of all the fees involved when buying a property and selling another property at the same time.

If you'd like to speak to a lending specialist about your options, please contact 13 25 77 or book an appointment online.

Book an appointment

There are many costs (some of them not so obvious) when selling a house that sellers should be aware of. This includes real estate agent fees, settlement fees, advertising fees, conveyancing fees and more. 

Our home buying and selling cost calculator can help you estimate the total costs involved. 

Stamp Duty (also know as Transfer Duty) is the largest up front cost you'll face as a home buyer other than your deposit, so it pays to keep up to date with concessions and exemptions the government has in place.

Although stamp duty is generally unavoidable, exploring options such as off-the-plan purchases, first-home owner grants, and shared equity schemes can help reduce or eliminate stamp duty costs.

In addition, first home buyers in Western Australia are exempt from paying Stamp Duty on property purchases up to a certain property value. If you're a first home buyer and purchasing a home and land under $430,000 you're exempt from paying stamp duty. And if you're buying a home valued between $430,000 - $530,000 you'll pay only a concessional rate.

There are also concessions available if you're purchasing land less than $400,000 in value.

You can find out more about the options available to you from the WA Revenue Office.

Important information

Banking and Credit products issued by Police & Nurses Limited (P&N Bank).

Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply. 

Please consider the terms and conditions and whether a product is right for you. 

*Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. For variable Interest Only loans, comparison rates are based on an initial 3 year Interest Only period. For fixed Interest Only loans, comparison rates are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.