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About Desposit Bonds

Deposit Bonds are a guarantee or bond that substitutes for a cash deposit between signing contracts and settlements.

Why is this helpful to you?

If you are financing 100% or 95% Finance of the purchase price and you have to 10% deposit in on the contract, then once you have an approval (exception to Valuation only), then you can use a deposit bond for the deposit.

If you are buying off the plan* and you do not want to use your cash, then you can use a deposit bond.

You want to keep you money in the bank or on a term deposit, you can use a deposit bond for the deposit, until settlement of you new property purchase.

 

The details you submit will be sent to the staff at yourproperty.com.au, and forwarded to Reil Financial Services, who will contact you to discuss your financial questions and queries. Your information will not be shared with any other party.