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Deposit Bonds
Deposit Bonds are a guarantee or a bond that substitutes for a cash deposit between signing contracts and settlements.
Deposit bonds may be issued for all or part of the deposit amount required, up to a maximum of 10% of the purchase price. There is the option of a Short Term Guarantee which may be used on purchases that will settle within 6 months or a Long Term Guarantee which may be used for settlements up to 48 months away.
Get a quote for a deposit bond.
Make an appointment to see an Iden Money loan consultant.
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