In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
Sometimes you might not have the upfront funds for a deposit available, as it might coming from an inheritance and you’re waiting for the sale of the deceased estate, or your cash is tied up in investments that you haven’t gotten around to selling yet. You can get around this with a deposit bond.
A deposit bond essentially is a guarantee that you will pay the deposit in full at the time of settlement. You pay a one-off fee to the deposit bond agency with no ongoing fees or interest being incurred.
You can borrow up to 10% of the purchase price using a deposit bond.
