Self managed super fund (SMSF) loans Geelong
What do you need to qualify for a SMSF loan and which lenders can provide this service for your super fund here in Geelong and on the Surf Coast?
How much can you borrow?
Standard SMSF investment loans can at times be up to 80 per cent of the property value, however this can vary greatly depending on factors and conditions attributable to your super funds individual circumstances.
Commercial property for personal use. Up to 70 per cent of the property value typically for non-specialised securities.
Why use a mortgage broker to finance your SMSF loan?
Smaller banks, co-operatives and building societies often offer much better finance deals when it comes to loans. As a broker our job is to look after our clients and find the best deal. We work for you and not the banks.
Typical home loans often have little variance in the fees and interest rates offered between the larger and smaller institutions, however for SMSF loans there can be big differences. At the very least talk with a broker prior to proceeding with a SMSF Loan. It could save you a lot of money.
Contact Surf City Finance to discuss your self managed super fund here in Geelong or on the Surf Coast.