Help Guide to Bond Loans and grants that are rental

Once you’ve used

You can check the status of your online application using your online application reference number (which starts with BLW) and your date of birth if you’ve submitted an online application for a Bond Loan or Rental Grant.

After Bond Loan items are authorized

Bond Loan

If for example the Bond Loan is authorized, we shall give you:

  • an approval letter
  • a duplicate of your relationship Loan agreement
  • a copy of one’s relationship lodgement type.

Frequently the bond is sent by us lodgement kind (Form 2C) straight to your landlord/agent to signal and lodge the proper execution aided by the RTA as quickly as possible.

Spending the bond

Once you transfer to your property, your landlord/agent must lodge a bond lodgement type (Form 2C for basic tenancies) using the Residential Tenancies Authority (RTA) to verify your tenancy has begun.

Following the RTA processes the shape, we transfer funds for the relationship loan into the RTA through the term of one’s tenancy

Pre-approved Bond Loan

In case your pre-approved Bond Loan is authorized, we shall deliver you:

You can show the approval letter to your potential landlord/agent to prove you have the funds for your bond if you find a property with a weekly rent no higher than the maximum weekly rent amount on your pre-approval letter.

Once you’ve been authorized to rent a house, pose a question to your landlord/agent to perform the house details form mounted on your approval page and get back the shape to us. Continue reading →