Often the toughest part of renting a new place is coming up with the rental bond, which in most cases is required to be paid up front. While you may have the ability to pay for the new monthly or weekly rent, having the rental deposit and rental payment in advance can often prove to be a major hurdle.
In most cases the rental bond amount is equal to 4 weeks rent and in many cases the landlord or agent will require the first four weeks rent to be paid up front. Often when you are renting you can be caught by surprise and given short notice periods when you are required to move, so coming up with this kind of money can be a tough situation to handle. This is why we have designed our rental bond loans which can be used for a bond payment and even help cover the relocation costs.
Our rental bond loans allow you to secure that perfect house for your needs and secure it quickly. If you provide your loan application documents in a timely manner we can often have your rental bond loans approved and the funds in your account within 24 hours. Our rental bond loans range between $300 and $5,000 and the application process is straight forward and can all be done online.
Another benefit of our rental bond loans is that there is no penalty in paying them out early, therefore if you get your bond back from your previous rental property you can pay all or part of the loan off without being charged an early termination fee.
So if you are looking at moving, why not apply for a rental bond loan online. The application process for a rental bond loan is simple. To get going all you need to do is apply online using our easy to use application form. Once it is submitted you will receive an automated email requesting you provide some supporting documents such as identification and bank statements etc. You will also receive a call from one of our experienced consultants who will discuss your application with you further. Our loan terms are flexible so our assessment team will only approve a loan that you can comfortably afford to pay by structuring the amount and term to suit your budget. There are no other hidden costs associated with this loan and everything is clearly outlined in the loan paperwork.