Tradition Credit

Bridging Loan

Discover how Tradition Credit can bridge your financial gap with ease!

Why Choose Tradition Credit
for Bridging Loans?

Fast Approval and Disbursement

Our streamlined application process ensures quick approval and disbursement, so you don't miss out on securing your new home.

Competitive Interest Rates

We offer some of the most competitive rates in the market, ensuring your bridging loan is affordable and tailored to your financial situation.

Flexible Repayments Plans

We offer flexible repayment options that align with your property sale and purchase timeline.

Transparent Fees and Charges

We believe in transparency. All fees and charges associated with your bridging loan are clearly outlined upfront, with no hidden costs.

What steps should you take if you’re in the process of upgrading your property and have already finalized the sale of your old home?

You’ve signed a purchase agreement for your new one, but you find yourself lacking the immediate funds required for the deposit on your new home. In such a scenario, you may consider applying for a bridging loan from a bank or money lender.

At Tradition Credit, we understand that bridging the gap between selling your old property and purchasing your new dream home can be challenging.

Our Bridging Loan is designed to ease this transition, offering you the financial flexibility you need when you need it most.

What is a Bridging Loan?

A bridging loan serves as a short-term solution to finance your new property while you await the sale of your old one. This type of loan assists in covering a portion of the down payment and closing costs before you receive any funds from selling your previous property.

Many banks offer bridging loans to help bridge the time gap between when your down payment is due and when you obtain the sale proceeds. These loans typically last for less than a year and aid homeowners in managing their monthly payments, ensuring they can move into their new home without unnecessary delay.

Tradition Credit, a leading money lender in Singapore, specializes in providing bridging loans that cater to this exact need. We make sure to offer you a smooth transition to your new home without financial strain.

oy model house beside stacks of coins representing bridging loan concept
Illustration of a man holding a coin with financial icons, symbolizing bridging loan credit score evaluation.

How it Works?

A bridging loan from Tradition Credit offers the temporary financial support you need to buy your new property before you complete the sale of your existing one. This short-term loan bridges the financial gap, ensuring a smooth transition between properties.

Key Features

  • Loan Tenure: We tailor it to fit the gap between your purchase and sale transaction.
  • Loan Amount: You can borrow up to 80% of your new property’s purchase price.
  • Interest Rates: We offer competitive rates to meet your financial needs.

Eligibility and Requirements

To qualify for a Bridging Loan with Tradition Credit, you must:
  • Be a Singapore Citizen or Permanent Resident.
  • Have a property sale and purchase agreement.
  • Pass our credit assessment.
You will need to provide:
  • Your NRIC or Passport.
  • Proof of income.
  • The Option to Purchase (OTP) agreement for the new property.
  • The sale agreement for your existing property.



How to Apply

Applying for a Bridging Loan is easy:

  • Contact Us: Get in touch with our friendly team by phone or email, or visit us for a personal consultation.
  • Submit Your Application: Provide all the required documents and complete your loan application.
  • Approval and Disbursement: Once we approve your application, we’ll quickly disburse the funds to help you secure your new property.



Call us now at 6283 1323

Our personal loans specialists will attend to you immediately
Monday - Friday: 11:30 - 20:00
Saturday: 11:30-19:00

Apply Online For Personal Loan



Tradition Credit: Your Trusted Partner in Bridging Loans

At Tradition Credit, we are more than just a lender; we are your partner in making your property transition as smooth as possible. With our expertise, competitive rates, and personalized service, we support you at every step.

Ready to Bridge the Gap?

Don’t let financial constraints stop you from securing your dream home.

Contact Tradition Credit today to see how our Bridging Loan can help you bridge the gap between your current and future property. Our team is ready to provide you with a solution tailored to your unique needs.

FAQ – Interest rates and fees

  • What are the fees that moneylenders can charge?
    With effect from 1 October 2015, all moneylenders are only permitted to impose the following charges and expenses:

    • a fee not exceeding $60 for each month of late repayment;
    • a fee not exceeding 10% of the principal of the loan when a loan is granted; and
    • legal costs ordered by the court for a successful claim by the moneylender for the recovery of the loan.
  • What should I consider before taking up a loan?
    Before approaching a moneylender, consider other alternatives, such as the various financial assistance schemes offered by various Government agencies.
    You are legally obliged to fulfil any loan contract you enter into with a licensed moneylender.
    Borrow only what you need and are able to repay. Be mindful that if you are unable to meet the contractual terms, the late payment fees and interest payment will be a financial strain not just on yourself but also on your family.
  • What should I do after being granted a loan?
    • Make sure the moneylender delivers to you the correct principal amount of the loan.
      The moneylender is only permitted an upfront deduction of a loan approval fee of up to 10% of the principal amount.
    • Pay the loan instalments on time to avoid incurring late payment fees and late interest.
    • You should retain all statement of accounts and receipts of payments, as documentation and evidence of payments.

Applying For Personal Loans in Singapore

We get you the cash when you need it.
Simple, fast and secure.
Borrowing with us is done in 3 easy steps.

Step 1
Apply Online

Complete our simple online application form, it only takes a few minutes. We will contact you & discuss your application & options.

Step 2
Submit and verify

Bring along your supporting documentation, we will verify your eligibility and confirm facility amount.

Step 3
Get Funds

Sign your documentation and you will get the funds on the same day. Many of our loans are funded within the same day of applying.

All The Great Loans in One Place. Tradition Credit.

Simple, Fast and Secure

Getting a fast cash loan in Singapore can be actually easier than it seems. Here in Tradition Credit, we offer a hassle-free and yet reliable fast personal loan application process online. Getting a fast cash loan in Singapore has never been easier. We have proven to have a strong and consistent track record in offering emergency fast credit cash loans to many Singaporeans in their time of need.

With many years of experience in handling individuals with imperfect credit score, we have still managed to offer fast personal loan packages to many within a short period of time legally. If you are looking to get a quick cash loan or personal loan in Singapore for your own financial needs, you should first engage our consultants and we will be more than happy to offer you a free consultation over the phone or even at our office.