Deposit Power Home Loans

 
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Deposit Power Home Loans

For over 15 years Deposit Power has provided an alternative to a cash deposit when buying residential property.

The Deposit Power Guarantee acts as a substitute for a cash deposit between signing contracts and settling on a property. Useful in situations where a Purchaser is looking to secure a home or investment property, but whose cash for a deposit is tied up, Deposit Power can assist to secure the property quickly and easily. At settlement the Purchaser pays the Vendor the full purchase price, including the deposit.

The Deposit Power products available include:

  • Short Term Guarantee ... for properties that settle within 6 months
  • Long Term Guarantee ... for properties that settle between 6-36 months

Using the Deposit Power Guarantee to secure property is a convenient option which often can save the purchaser money. The flexibility and ease of access are major benefits of the Deposit Power Guarantee, which can usually be arranged within 24-48 hours.

Deposit Power Guarantee was established in 1989 and is issued by Vero Insurance Limited ABN 48 005 297 807.

If you need more information on these types of home loan products and how they suit your individual home loan needs, our mortgage consultants can help.

Mortgage Calculators

Please keep in mind that these loan calculators are generic and will provide you with a rough guide, as the lending politics of different lenders can vary greatly.

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More information or help

For confidential assistance with your home loan or to talk to your local mortgage broker, call us at any time on 13LOAN or call our direct line on +61 2 9018 8417.

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