Fast Approval Bond Loans WA - Secure Up to $10,000 Instantly for Your Rental Bond

Bond Loans WA

Applying is quick and easy!
With a WA bond loan, you can easily cover your new rental bond and other moving expenses.
Bond loans remove the stress from moving between rentals.
Get a pre-approved bond loan.

START YOUR wA BOND LOAN

How to Apply for a Bond Loan in WA

Apply Online

Get fast approval for your bond loan

Get your funds

We will transfer the funds to your bank

Pay off your bond loan

Easy repayment options

How do Bond Loans work in Western Australia?

The bond must not be more than four times the weekly rent; unless the weekly rent is more than $1200 per week.

If the tenant is permitted to keep pets capable of carrying parasites which can affect humans, a pet bond may be charged. The pet bond can only be applied to the cost of any fumigation of the premises that may be required at the termination of the tenancy.

Lessors/agents must lodge the security bond as a single amount, specifying the amount taken as pet bond. A maximum amount of $260 may be charged for a pet bond, irrespective of the number of pets being allowed.

Tenants must not be charged a pet bond for an assistance dog.

Accurate at March 2024 – Source – Western Australian Government

Bond Loan WA FAQ

What is a Bond Loan in WA?

A Bond Loan in WA is a personal loan provided to cover the rental bond required when leasing a property. It’s designed to help renters manage the upfront costs of renting.

How do I qualify for a WA Bond Loan?

Eligibility for a Bond Loan typically depends on your income, rental history, credit score, and current financial situation. Some programs are specifically aimed at low-income earners or first-time renters.

Are Bond Loans interest-free?

Some Bond Loans, especially those offered through government assistance programs, are interest-free. However, private lenders may charge interest on these loans.

How much can I borrow with a Bond Loan?

The amount you can borrow varies depending on the lender and your circumstances. Typically, Bond Loans cover up to 4 weeks of rent, aligning with the maximum rental bond charged in most states.

How long does it take to get a Bond Loan?

The processing time for a Bond Loan can vary. Government programs may take a few weeks, while private lenders might offer quicker approval, sometimes within a few days.