SMSF Property Loans

Finding the right self-managed super fund or SMSF property loans can be a challenge. You don’t want to spend hours researching and reading through the fine print on many SMSF loan providers’ websites, but you also don’t want to end up with the wrong loan for your needs.

When you choose to take out a loan with Funding, you’ll quickly see that those won’t be issues with us. We pride ourselves on our excellent personalised customer service and transparency – evident in the reviews past clients have left us when taking our loans like a bridging loan. 

Funding has been in the lending industry since 2015, and since then, we’ve helped thousands of clients and funded loans for various circumstances. We offer loans tailored to your needs and will work with you to find one that suits your unique situation.

What are the benefits to SMSF property loans?

There are many advantages to SMSF property loans with Funding. One of the main benefits is that they can help you to grow your superannuation balance, otherwise known as the money you or your employer set aside for your retirement, faster. You can use the money from your loan to purchase a property, which can then provide you with rental income and capital growth.

Here are a few SMSF loan requirements you need to present when applying with Funding:

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

Along with these, you may also submit any documents you feel are relevant to your loan application.

Is an SMSF property worth it?

An SMSF property can be a great way to build your retirement savings and diversify your portfolio. However, there are a few things to consider.

First, you need to make sure that the property is a good fit for your SMSF strategy. It should align with your goals and objectives. You also need to make sure that you have the right team in place to manage the property, including a qualified accountant and solicitor.

Second, you need to consider the costs associated with an SMSF property purchase. These include the purchase price, stamp duty, ongoing maintenance and management costs, and insurance. You need to make sure that these costs are outweighed by the potential rental income and capital growth from the property.

Third, you need to be aware of the risks involved with an SMSF property purchase. These include the risks of the property not performing as expected, potential tenant defaults, and changes in legislation affecting SMSFs.

SMSF property loans from Funding can be a great way to get started. Contact us, and we can provide you with an obligation-free Express Quote, wherein you’ll receive a same-day conditional approval and an outline of all the related rates and fees for your unique loan scenario.

What type of property can I purchase with SMSF property loans?

You can purchase various types of property with SMSF property loans. These include residential, commercial, and rural properties. Those interested in generating revenue through SMSF property, for example, may purchase residential real estate and lease it to tenants to receive rental income.

There are a few restrictions on the properties you can purchase with SMSF loans, however. For instance, you cannot purchase a property that you or any other related party will live in or use for business purposes. Additionally, you cannot purchase a property that is owned by a related party.

All loans with Funding, including renovation loans, short-term property loans, SMSF property loans, and even our second mortgage loan option, have principals ranging from $20,000 to $10 million. A huge factor in how much you can take out as a loan is your loan-to-value ratio or LVR, which is the maximum loan amount secured by the property you put up. Typically, we can lend up to 65% to 70% of the property value.

The total amount you’ll be paying off during your loan tenure is dependent on the following things: your principal, interest rates, related fees, and the loan repayment period, which can range from one to thirty-six months. 

SMSF property loans are a great way to boost your retirement fund.

Many people want to take out SMSF property loans to grow their retirement funds. We at Funding aim to help you achieve this goal by providing a fast and simple loan experience. You can also consider our offers for a short-term business loan, caveat loan, home equity loan, or other loans for your needs.

Funding has rapidly grown to become Australia’s leading mortgage marketplace. We have successfully navigated through the changing tides of the finance industry and will continue to strive to be your preferred lender.

It is our mission to provide the best possible experience for our customers and provide them with loans they can rely on. Whether you are an individual or a small business owner, you can use Funding to get access to short-term funds.

If you would like more information about our loan options or our application process, please do not hesitate to contact us on our website, by email at info@funding.com.au, or by phone at 1300 44 33 19.

Start taking your retirement fund matters into your own hands by applying for an Express Quote today.