SMSF Lenders

Buying a property to help grow your retirement fund is a great idea, but you may not have the cash to do it. The alternative is just to keep your money in the fund, but you can’t earn exponential interest on it; this is a frustrating dilemma, and it’s also where SMSF lenders come into play.

Self-managed super fund or SMSF lenders are loan providers that are permitted to provide loans tailored for trustees of regulated Australian SMSFs for the purchase of a residential or commercial property to grow an individual’s retirement fund.

At Funding, we provide short-term financing secured against property to businesses and individuals. Our award-winning industry professionals ensure you get competitive deals suited to your financial needs.

How do I get an SMSF loan?

There are a few ways to get an SMSF loan in Australia. One is to go through a traditional financial institution such as a bank or credit union. Another way is to use private SMSF lenders, such as Funding, to get the loan you’re looking for.

To begin the SMSF loan application process with Funding, we will ask you to present the following information:

• Basic personal information (name, email, and phone number)
• Loan details (purpose of the loan, loan principal, and loan repayment terms)
• Property information

To ensure there are no errors in your loan application, please review it again before clicking the submit button.

If you’re an individual, company, or trust wondering whether or not you will be eligible for a loan with Funding, here are a few of our borrower criteria: The borrower must have strong real estate security, be able to pay back the loan, and have a strong repayment plan to exit the loan.

Our loan amounts range from $20,000 to $10 million, with loan tenures ranging from one month to thirty-six months. The types of real estate security we accept are residential property, commercial property, and vacant land across Australia.

What is the application process for SMSF loans like?

Depending on the SMSF lenders, the application process for an SMSF loan can vary. At Funding, the process of getting an SMSF loan is a straightforward one. To start, you can submit your loan details, such as preferred loan terms and amount as well as information on your property, and provide the supporting documentation. 

Our experts will then assess your application and provide you with a same-day conditional approval outlining all the rates and fees related to your unique loan scenario. If you’re satisfied with the details you see on your agreement, you can proceed with your application. Our experts will do due diligence before sending you the formal loan approval.

After formal approval, you will need to sign the loan documents, and the settlement will be deposited into your account within a few days. All that’s left is to utilise your funds and make your monthly repayments. A tip: make sure you keep up with your repayments so you don’t damage your credit rating – you might be able to enjoy lower interest rates on your loans moving forward.

Which lenders are best for SMSF funds?

When choosing the right lender for your SMSF funds, there are a few things to consider. Some of the most important factors include the interest rate, fees, the available loan tenures, and the types of loans offered. A few options for SMSF lenders include banks and credit unions. 

However, these types of lenders tend to have longer application and approval times due to their use of manual processes. They also tend to require the submission of a lot of documents to aid in the security of your loan.

Funding is an excellent choice among other SMSF lenders. We’re a private lender that seeks to provide SMSF loans with quick approval times to ensure you have a smooth loaning process. 

Funding is widely known across the country as the home of faster and simpler digital mortgages. We aim to make your loan experience as smooth as possible by completing the entire process online. You never have to worry about queuing up for long lines and going back and forth to process your application.

We also have years of experience dealing with all types of loans, such as caveat loans, renovation loans, business loans, and short-term property loans, which can be helpful if you have any questions or need assistance.

Funding is a great option if you’re looking for reliable SMSF lenders.

Since 2015, we’ve funded short-term loans of all types, from bridging loans, commercial property loans, and even home equity loans. In the last few years, we have quickly become Australia’s leading mortgage marketplace and established ourselves as a reputable non-bank lender.                                              

With the latest technology and our bank-level encryption and security across our product suite, we can stay ahead of the curve and protect your assets and information. Even better, we also provide personalised customer service to ensure all our clients experience excellent customer service, which is essential in the lending industry.

Let us at Funding help you secure a sound retirement fund by becoming your top choice among Australia’s range of SMSF lenders. Get a personalised Express Quote with us today to start your application!