loans.com.au SMSF loan
loans.com.au’s SMSF loan is available for refinancers switching from an existing SMSF loan. It has a low interest rate and very few fees.
loans.com.au's SMSF loan is a variable investment loan with a competitive interest rate. It's only for refinancers, not new borrowers.
Richard Whitten is an editor at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders. Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea.
If you already have a self-managed super fund loan on your investment property, the interest rate is likely not competitive. If you refinance to loans.com.au's SMSF loan you can probably get a better deal. This loan is not available for new borrowers looking to fund an investment purchase through their super fund.
About this loan
What are the features and benefits of the loans.com.au SMSF loan?
- Deposit size. With this loan you can borrow up to 80% of the property's value.
- Loan amount. You can refinance a loan amount of $1,000,000, with a minimum loan size of $50,000.
- Extra repayments. This SMSF loan lets you make extra repayments without penalty.
- Fees. This loan only has a valuation fee. There are no application or ongoing fees.
How to apply
To apply for this home loan or learn more about it, click the green button and follow the steps to speak to a mortgage specialist from loans.com.au. They'll explain any eligibility requirements and help you get started with an application.