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Bond assistance is money provided from a lender to a borrower, to help pay the bond on a rental property. MoneyMe’s bond assistance can help Australian borrowers secure a rental property far more quickly than if they had to wait to save the funds, which can make the difference between actually securing the property, or missing out entirely.
Australia’s booming housing market is presenting more of a challenge for younger Australians each month, as climbing house prices are pushing greater numbers towards indefinite renting.
But renting doesn’t have to be painful. If you’re looking to receive help with bond on a rental property you’ve had your eye on, we are here to help.
MoneyMe’s bond assistance can give you fast and efficient access to the bond for almost any rental property through our easy, simple, and quick online application process.
The process for choosing and applying for a bond assistance loan with MoneyMe couldn’t be faster or easier.
To understand how much you’d like to borrow, simply head to the MoneyMe website, select the amount you are considering as bond assistance, and input how long you will require to be able to repay your loan. You will then be told exactly how much you will need to repay each month, including any interest repayments.
If you’re happy with this, you can then apply immediately by inputting some personal details, including your income and expenses, and 90 days of bank statements which we can upload electronically on your behalf.
This process should take just a few short minutes, with a decision to follow several minutes later also. If you are approved, the funds can reach your account in just under an hour, depending on your financial institution. It really couldn’t be faster or simpler!
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