What is a Self-Managed Super Fund or SMSF??A Self-Managed Super Fund is a private superannuation fund that allows you to manage your own superannuation investments for your retirement. Not everyone can set up their own super, so understanding the basics is crucial before getting started. We always suggest you speak to your accountant or financial advisor for any questions on setting up your SMSF.
How much can an SMSF borrow?An SMSF home loan to purchase a residential property can borrow up to a loan-to-value ratio (LVR) of 90%. Commercial property loans through SMSFs could be up to a 80% loan-to-value ratio (LVR).
Can I refinance with an SMSF loan?Some borrowers will have taken out an SMSF loan when interest rates were higher, or their financial situation was different. In these cases, it is worth exploring refinancing your SMSF loan to see if there are better options to suit your individual needs.
Self Managed Super Fund Loans
An SMSF loan is a home loan used by your SMSF to purchase an investment property. The returns on the investment, either capital gains or rental payments, are funneled back into the superannuation fund for your retirement.
HSD Finance is an experienced mortgage brokering firm with specialist knowledge and a dedicated team of SMSF loans. The nature of SMSF loans is more complicated than a standard home loan, so it is essential that investors seek guidance from an experienced brokering firm.
We can help you purchase a residential or commercial property within your SMSF. We can also help you refinance to obtain a better rate of new loan features on your existing SMSF loan.