Product Overview
A deposit bond can replace a cash deposit when purchasing property, including auctions, private treaty purchases, off-the-plan contracts or longer settlement periods. It is not a loan, but it may help preserve cash flow.
Document Checklist
- Identification and contract or auction details.
- Asset, income and pre-approval information.
- Deposit amount, settlement date and vendor requirements.
- Applicant financial position summary.
Loan Process
- Understand your objectives, income, assets, liabilities and loan purpose.
- Compare products, rates, fees and credit policy across banks and non-bank lenders.
- Prepare and lodge the application, then follow up valuation, approval and supporting documents.
- Assist with loan documents, settlement and ongoing rate reviews after completion.
Indicative Rate Range
Fees are usually based on the bond amount and term.
Rates are general references only. Actual pricing and approval conditions depend on lender assessment.