To qualify for a RentBond loan, you must be
i. at least 18 years old,
ii. living in Australia, and
iii. employed (casual, part-time, or full-time).

Additionally, if you are receiving Centrelink payments, these must not exceed 50% of your total income. Please note that renters who rely solely on Centrelink benefits are not eligible for the RentBond loan. However, other assistance options for bonds may be available through tenant organisations.

You can use your RentBond loan to pay the bond, two weeks’ rent in advance, removalist fees, cleaning costs, and even buy new furniture. RentBond is designed to help make your move as smooth as possible.

Checking your eligibility is a simple and risk-free process that won't affect your credit score. However, if you decide to move forward and apply for a loan, please note that RentBond is committed to responsible lending and will conduct a full credit check as paart of the application process.

RentBond offers a 21-day interest-free period. If you pay back the loan in full within these 21 days, there are no interest or fees. If you need more time, RentBond provides flexible repayment options at a competitive interest rate that’s personalised to your circumstances.

Once approved, funds can be transferred directly to your agent or nominated bank account as soon as the same or the next business day. This means you can secure your new home without delay.

RentBond pre-approval is valid for 30 days. If you’re not ready to apply within this time frame, you can reapply when you're ready.

RentBond is available to all renters who meet RentBond’s eligibility criteria.

If your RentBond application is not approved, you may explore alternative bond loan options or check with tenant organisations and housing associations for support with bond payments.