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Guide to Bond Loans and grants that are rental

Guide to Bond Loans and grants that are rental

Once you have applied

In the event that you’ve submitted an on-line application for a Bond Loan or Rental give, you can examine the status of the online application utilizing your online application guide number (which begins with BLW) as well as your date of birth.

After Bond Loan items are approved

Bond Loan

In case your Bond Loan is authorized, we will deliver you:

  • an approval page
  • a duplicate of one’s relationship Loan agreement
  • a duplicate of your bond lodgement kind.

Frequently the bond is sent by moneytree us lodgement type (Form 2C) straight to your landlord/agent to signal and lodge the shape utilizing the RTA as quickly as possible.

Paying the relationship

Whenever you transfer to your property, your landlord/agent must lodge a relationship lodgement form (Form 2C for basic tenancies) with all the Residential Tenancies Authority (RTA) to ensure your tenancy has begun.

After the RTA processes the proper execution, we transfer funds for the relationship loan to your RTA through the term of one’s tenancy

Pre-approved Bond Loan

If the pre-approved Bond Loan is approved, we’re going to give you:

  • an approval page
  • a house details type.

If you learn a residential property with a regular lease no greater than the most weekly rent amount on your own pre-approval page, you’ll show the approval page to your prospective landlord/agent to prove there is the funds for the bond.

When you’ve been approved to hire a property, ask your landlord/agent to perform the home details form mounted on your approval letter and return the shape to us. Continue reading Guide to Bond Loans and grants that are rental