Top FAQs brokers ask about deposit bonds
As a broker, you’re constantly helping clients overcome timing, cash flow and confidence barriers when buying property. One of the most common challenges? A client is approved for finance – but doesn’t have the cash deposit available right now. That’s where...
What is off the plan property? A buying guide
Buying an off-the-plan property means committing to a home or investment before it’s built. Instead of walking through a finished property, you’re relying on plans, specifications and a contract that outlines what will be delivered at completion. For many Australians,...
Broker case study: helping clients buy off-the-plan without an upfront cash deposit
Deposit Power x Erkan Mentesh from FinZoo Pty Ltd and Max Loans Pty Ltd Key takeaways: Mortgage broker Erkan Mentesh, Director of FinZoo Pty Ltd and Max Loans Pty Ltd, helped his clients to secure an off-the-plan investment property using a deposit bond. The deposit...
Broker case study: How to help clients buy and sell without an upfront cash deposit
Key summary David Newham, Lead Broker and General Manager at Core Mortgage Brokers, unlocks simultaneous settlement that may otherwise stall when client’s funds are tied up in equity or sale proceeds. Fast approvals allow clients to sell and buy property faster in a...