A Deposit Bond is a quick, easy and low cost alternative to a cash deposit when buying property. It acts as a substitute for the cash deposit required by the purchaser and can be issued for all or part of the deposit amount, from 1% up to 10% of the purchase price.
Deposit Bonds are widely accepted and have helped over 750,000 Australian’s purchase property.
If you are a Mortgage & Finance Specialist, you may be eligible to become an accredited agent for Deposit Power. Becoming an accredited agent is a relatively simple process. To apply to become a Deposit Power agent, simply contact your aggregator, or if you are a lender contact your manager, or alternatively email Deposit Power at: [email protected]
If you do not belong to an aggregation group, you can contact us directly by email. Our Deposit Power Agent Support Team will contact you and walk you through the accreditation process.
Watch our Video - A 2 minute video explaining all you need to know about selling Deposit Bonds to your customers.
Deposit Power offers a variety of training options for Mortgage & Finance Specialists covering general product and sales aspects for our Deposit Bond. Undertaking this simple training ensures you know how to manage our very simple online application and are fully aware of the benefits of offering a Deposit Bond to your customers.
Once a referral is submitted, Deposit Power will contact the customer directly to facilitate the Deposit Guarantee.