Self-Managed Super Funds are a great way to build wealth and secure your retirement future. As name suggest, the investments are self-managed, so that means you (an any other members) are in charge of both the investment strategy and complying with all superannuation and taxation laws.
A Self-managed Super Fund Loan is an investment loan in which can give an SMSF the ability to use its funds as a deposit to purchase an investment property and borrow the remaining amount required to fund the purchase. This can allow an SMSF to invest in properties that it may not otherwise have the funds to immediately purchase.
Depending on the lender, an SMSF loan may allow you through your SMSF to purchase residential, commercial or rural investment property with interest only repayment options. The maximum Loan to Valuation (LVR) ratio for loans often differs depending on type of the property you are purchasing for the loan. Some lenders may only lend to purchase certain types of properties. SMSF loans have strict requirements under superannuation law and normally require the establishment of a separate trust to hold the property. To take out an SMSF loan, you’ll first normally need to engage with a legal professional experienced in SMSF lending to help set up the required structure for an SMSF loan and ensure that any loan will meet the superannuation law requirements. Once that has occurred, you can engage with your lender. contact us today to learn more about SMSF Loans.
We Help Our Clients
To Achieve Their Business Goal
Change the workflow for your WordPress site, control everything from Site editor without
using any extra plugins. Improved speed, web vitals score and SEO to get better positions