Getting a loan for a deposit on a new home is very common. The equity or savings that many people do have for a deposit is tied up in their current home. Luckily, there is an option for you to get a loan and put a deposit on a new purchase before selling your current home.
Tembo Financial offers deposit loans to clients looking to sell, but wanting their deposit money sooner. The way that they can do this is by confirming that their home will be sold in the next few months, and with just a few documents, Tembo Financial can release funds.
Best of all this loan often requires no monthly payments and no credit checks!
In uncertain times, when you aren’t sure when your home will sell, don’t worry about not having money in your pocket. Tembo Financial is able to release your funds when you need them the most.