
Provides a more flexible alternative to paying the 10% deposit required when exchanging contracts to purchase an investment property.
By utilising a Deposit Bond, 100% of the purchase price becomes payable at settlement, versus 10% upfront and 90% on settlement.
Deposit Bonds can be issued for residential and commercial property purchases.
Subject to receipt of required paperwork, Deposit Bonds can be approved and issued to approved SMSF customers within 1 to 2 business days.