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3.2 Security Requirements

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It is a general requirement that the bank take a first mortgage security over the DSH property.  However, the Bank will forego first mortgage security in certain circumstances and reserves the right to consider cases on an individual basis.  The Bank will also apply its usual creditworthiness criteria.


Source URL (modified on 14/10/2014 - 11:39am): https://clik.dva.gov.au/health-policy-library/defence-service-homes-dsh/general-orders/entitlement/advances-initial-additional-and-further/3-policy/32-security-requirements

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