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Category: Deposit BondSyndicate content

Deposit Bond

Home Loan Deposit Bond

When contracts for sale of a property are signed by the vendor and the purchaser and then exchanged a deposit of 5 or 10 percent is usually payable by the purchaser.

Purchasers who are obtaining a low deposit home loan usually do not have this amount of cash for a deposit available.

Property investors also, often do not have 10 percent of the property purchase price available. Even property investors that may have the full 10 percent deposit available do not always wish to pay this amount, especially where extended settlement periods may apply. Click to Read more

Important!

Important Information!

All information and loan option scenarios contained within this no deposit home loan site can only be general in nature and may not suit your specific individual requirements! Always seek independent professional advice before selecting or applying for any type of finance. Information, products and services are subject to change or alteration or withdrawal without notice. Always check before acting and always seek independant professional advice.