Deposit Bonds are a form of guarantee that you may use in lieu of a cash deposit when purchasing a property.
If your funds are tied up or if you're planning to use the equity in your home to make a new purchase, a Deposit Bond is the perfect alternative to a cash deposit. A Deposit Bond is usually issued by an Insurance Company and is generally cheaper than a short term loan from your Bank.
Please check with your Real Estate Agent that a Deposit Bond will be acceptable by his/her vendor. Deposit Bonds are usually available within a few days of application.
For more information or any enquiries call us on 1300 732 630 or contact us using our online enquiry form