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  • Profile photo of giladgilad
    Join Date: 2004
    Post Count: 64

    May seem like a silly question, but does the client have to put down a deposit in a wrap deal?
    Is it for additional security?


    Profile photo of TerrywTerryw
    Join Date: 2001
    Post Count: 16,213

    Yes. The wrappees usually have to put down a deposit. Some people are able to use the FHOG as their deposit-on the cheaper properties.

    Discover Home Loans
    North Sydney
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Aust wide)

Viewing 2 posts - 1 through 2 (of 2 total)

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