Wondering if an SMSF loan is right for you?
Having a Self Managed Superannuation Fund (SMSF) means you have direct control over where your money is invested. Investing superannuation funds into property is an increasingly popular and attractive way to plan for the future. Once you’ve consulted with a WE. financial planner and have your structure right, we’ll compare lending products suitable for your fund, guide you through the process, and help you long after settlement.
Take Control of your super, after all it's your future.
If you have a self-managed super fund (SMSF),
you may be eligible to borrow money to finance
an investment property.
Be confident to take the plunge.
With clear, expert advice.
Self Managed Superannuation Fund home loans are much more complicated than your average loan. Between government legislation and and lender requirements, there is a lot to decipher and manage. That’s where WE. come in. We'll send you to our Financial planning partners to ensure you have the right set up from the beginning as your SMSF property loan approval largely depends on the quality of your application, so it’s essential you put your best foot forward.
Being part of a larger group has it's advantages
WE Mortgage Solutions Partner - Wealth Effect Group specialise in SMSF property purchase Advice. We recommend you seek financial advice before purchasing a property to make sure that you have the right structures and trusts to minimise your risks and maximise the benefits. Often you'll have to provide the lender with an advice certificate to secure your loan any way.
There is a small niche of lenders who specialise in SMSF property lending, and we maintain positive, longstanding relationships with many of them as part of our lender network. Don’t spend valuable time chasing down and comparing lenders who may not be able to assist you. Leave the legwork to our team of mortgage experts.
We do the legwork so you don’t have to.
There aren't many lenders who specialise in SMSF property lending, so once you done your pre work with a financial planner, we are positive you'll be able to put your best foot forward to securing and SMSF loan. WE. have the relationships, networks to make the dreams work.
Don’t spend valuable time chasing down and comparing lenders who may not be able to assist you. Leave the legwork to our team of mortgage experts.
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Talk to us about your SMSF property loan today.
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We are a SMSF Property Experts
If you want to purchase a property using your super then having the a structure that protect you as the member is essential. SMSF investing in property can be a great way to grow this retirement nest egg and maximise the funds paid out to its members at retirement.
The primary difference between an SMSF and industry or retail superannuation funds is that you have direct control over where your money is invested, making these funds a highly popular option.
Another key difference is that these agreements are able to borrow money to invest in residential or commercial property with the property to be held in trust until the loan is fully paid out.
These properties then become owned by the SMSF which means they provide ongoing income for members and trustees when they reach retirement age so that they can have a secure and comfortable income in their retirement. Let a WE Lending Expert help cut through the red tape.
While SMSF loans are a great way to boost the savings in a fund, they are much more complex than regular agreements, and there are many layers of government-enforced red tape to get through before the amount is approved.
There are restrictions, for example, these forms of financing solutions usually only allow up to 80 per cent leverage, 30-year terms and a capped five years of interest-only repayments. There is also usually a minimum amount of $200,000 and the maximum is determined by your financial position.
It is also a complex, multi-layered application process and many hurdles to overcome before your loan is approved. The team at WE. can help you cut through all of this jargon, putting it all in simple terms for you and accelerating the approval process so that you can invest in residential and commercial properties soon - which means more profits for the members and trustees at the end of the day.
Not all Banks issue SMSF loans
Another key fact to remember is not all banks and lending institutions handle these circumstances, and there are only a select few that do. WE lending experts have worked hard over the last decade to cultivate and maintain relationships with these lenders to ensure you have the best chance of approval with the right rates, fees and terms and conditions. Speak to our team today and let us help you grow your super fund.