Process of Procuring a Down Payment Bond

The Process of Procuring a Down Payment Bond

Procuring a Down Payment Bond

While a Down Payment Bond is a unique financial instrument, the process of obtaining one is very simple.

The application process is so simple, most applicants receive "approvals in principle" within 48 hours.

We created this document to show the 6-step process of using a Down Payment Bond and how simple it is.Closing

Issue Bond

Issue Approval

Verify Request

Complete Application

Initial Contact

Procuring a Down Payment Bond

Step 1: Initial Contact

Contact Down Payment Options to schedule a pre-screening interview to determine feasibility and project scenario.

Procuring a Down Payment Bond

Step 2: Application Completed

Download an application from www.downpaymentoptions.com and return completed in full. Application is reviewed and a “pre-approval in principle” is issued.

Procuring a Down Payment Bond

Step 3: Request Completed and Verified

Application verification takes place and is completed within 48 hours. Unconditional approval is issued, subject to payment.

Procuring a Down Payment Bond

Step 4: Approval Issued

Unconditional approval issued, subject to payment.

Procuring a Down Payment Bond

Step 5: Bond Issued

Payment is received and the Down Payment Bond is issued. Down Payment Options will maintain contact with client while waiting for notification of closing.

Procuring a Down Payment Bond

Step 6: Closing

Buyer receives notification of closing and brings cash and financing to satisfy the contract. The bond is retired and the buyer can enjoy their new property.

The Benefits of Down Payment Bonds

Summary

Its a smart safe and simple option than using your own funds for the down payment.

Why would you use your funds, if you could use a Down Payment Bond?

Application process is straight forward, fast and simple with a quick turnaround

Prevents a scenario of having to “chase Down” your money

Connect with Us!

Down Payment Options410 S. Rampart Boulevard

Suite #390Las Vegas, NV 89145Tel. 1.702.726.6818

[email protected]