Bridging Finance Loan Brokers Nambour

Brokering Bridging Finance

Case Study: How Loanright Financial Services Helped a Property Investor with a Bridging Loan

In early 2025, Daniel Harris, a seasoned property investor based in Brisbane, identified a promising opportunity in Nambour, Queensland. Recognising the town’s potential for growth and its appeal to both families and retirees, Daniel aimed to acquire a residential property there within the next eight months. His strategy was to purchase the property, undertake minor renovations, and then either rent it out or sell it at a profit.

The Financial Hurdle

Daniel owned a townhouse in Brisbane valued at $650,000, with an outstanding mortgage of $250,000. He planned to sell this property to fund the Nambour purchase. However, the Brisbane market was experiencing a slowdown, and Daniel anticipated that selling his townhouse could take several months. Meanwhile, the Nambour property he had his eye on was priced at $700,000, and he needed a way to secure it before someone else did.

Consulting Loanright Financial Services

Facing this timing mismatch, Daniel turned to Loanright Financial Services, a reputable mortgage brokerage based in Birtinya, near Nambour. Known for their expertise in complex financial scenarios, Loanright had a track record of assisting clients in similar situations.

Understanding Bridging Finance

Loanright’s advisors introduced Daniel to the concept of bridging finance, a short-term loan designed to bridge the gap between the purchase of a new property and the sale of an existing one. This type of loan would allow Daniel to secure the Nambour property immediately, with the understanding that the loan would be repaid upon the sale of his Brisbane townhouse.

Assessing Daniel’s Financial Position

Loanright conducted a thorough assessment of Daniel’s financial situation. His Brisbane townhouse was valued at $650,000, with an outstanding mortgage of $250,000. The Nambour property was priced at $700,000. To proceed, Daniel needed a bridging loan covering the purchase price of the new property, plus associated costs, totalling approximately $750,000.

The “peak debt”, the total amount owed during the bridging period, would be $1,000,000, combining the existing mortgage and the new loan. Loanright worked to ensure that Daniel could manage the interest payments during this period, which are typically interest-only.

Securing the Bridging Loan

Leveraging their network of lenders, Loanright negotiated favourable terms for Daniel, securing an open bridging loan with a 12-month term. This arrangement provided Daniel with the necessary funds to purchase the Nambour property while granting him time to sell his Brisbane townhouse without undue pressure.

Successful Transition

With the bridging loan in place, Daniel proceeded to purchase the Nambour property. He listed his Brisbane townhouse shortly thereafter and, within six months, secured a sale at his asking price. The proceeds from the sale allowed him to repay the bridging loan in full, leaving him with a manageable mortgage on his new investment property.

Reflecting on the Experience

Daniel expressed gratitude for Loanright’s guidance throughout the process. The brokerage’s expertise in navigating the complexities of bridging finance ensured a smooth transition between properties, allowing him to capitalise on the investment opportunity in Nambour without financial strain.

Conclusion

This scenario illustrates how bridging finance, when expertly managed, can provide a practical solution for investors transitioning between properties. Loanright Financial Services’ personalised approach and deep understanding of financial products played a crucial role in helping Daniel achieve his investment goals in Nambour.