Simply click the Start Now button and fill out our quick online form to get access, through our network, to a panel of providers who may be able to assist you with a rental bond loan.
Rental Bond Loans
Quick and Simple Rental Bond Loans Online
Anybody who has applied for a rental property in the past knows just how competitive it can be. From standing out from amongst multiple applicants to coming up with potentially four weeks’ worth of rent to put towards a bond, it can be a time of stress for many people.
A rental bond loan may be just what you need to help tide you over as you move between properties, as up-front rental bonds can be tricky to navigate and take many people by surprise, especially as not everyone has a good amount of savings in the bank. Bond loans will allow you to access money to secure a rental property when you may not have the cash to do so otherwise.
How Much Should I Be Paying For My Bond?
Before you take out a rental bond loan, make sure you’re not being taken advantage of. Depending on where you live in Australia, the maximum you should be paying for a rental bond is no more than four weeks of rent. If you’re living in shared accommodation, it isn’t uncommon for rental bond to be set at two to four weeks of rent.
Be sure to check your rental laws in your state, however. For example, in Queensland, if the weekly rent on a property is $700 or less, the maximum bond amount is four weeks rent. If the weekly rent is higher than $700, the amount of bond should be negotiated between the property manager (or owner) and tenant.
If you’re moving from one rental property to another, you may be interested in an instant bond loan. This can help you pay bond on your new rental while waiting for your previous bond to be returned from your old rental property. This means that a rental bond loan should be repaid quickly out of the returned bond.
Moving House? A Bond Loan Can Help
A housing bond loan can be used for more than just covering the cost of a rental bond. You can cover the cost of a removalist and removal gear (for instance, cardboard boxes) a professional cleaner, or connecting electricity and gas at your new apartment or home. Or maybe you need to purchase some new furniture or appliances for your new rental property – whatever the case, a housing bond loan can be just what you need to make your move stress-free and affordable.
Need a Rental Bond Loan? Its Easy to Get Started through our network!
Can I Get A Rental Bond Loan on Bad Credit?
There are many providers who may be able to assist you with a Rental Bond Loan even if you have a bad credit history. To get started, simply click the Start Now button to access a panel of providers, through our network, who may be able to assist you.
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Are There Any Fees Involved?
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The providers that you are connected to will have their own costs, eligibility requirements, and terms and conditions. Please make sure you fully understand the costs and other obligations associated with any product offered by a provider before entering into any agreement with that provider.