Macquarie Bank SMSF Property Loan Fixed

Rates and Fees verified correct on December 4th, 2016

Invest with your SMSF and enjoy the stability of a fixed rate with the Macquarie Bank SMSF Property Loan.

The Macquarie Bank Self Managed Super Fund (SMSF) Property loan with a fixed rate could offer you an opportunity to build upon the wealth of your superfund. You can use the funds to purchase an investment property to give your superfund a growth boost.

Things to consider about the Macquarie Bank SMSF Property Loan Fixed

This is an SMSF investor only property loan that can only be used in conjunction with an existing SMSF or one you're establishing. You can invest in a single residential property or use the loan to refinance a residential property that your SMSF is already in possession of.

You are allowed up to six sub-accounts with this loan, and are able to choose the rates and terms that best meet your needs. There are terms between one and five years, and once the terms expire your loan will revert to the standard variable interest rate.

Things to consider about the Macquarie Bank SMSF Property Loan Fixed

This is an SMSF investor only property loan that can only be used in conjunction with an existing SMSF or one you're establishing. You can invest in a single residential property or use the loan to refinance a residential property that your SMSF is already in possession of.

You are allowed up to six sub-accounts with this loan, and are able to choose the rates and terms that best meet your needs. There are terms between one and five years, and once the terms expire your loan will revert to the standard variable interest rate.

Features of the Macquarie Bank SMSF Property Loan Fixed

  • Loan to value ratio (LVR). With the SMSF Property loan you may borrow up to of the value of the property.
  • Loan terms. You can choose fixed rate terms of anywhere between one and five years. The total terms for the loan can't exceed years.
  • Repayment frequency. You can structure your repayments to be made fortnightly or monthly.
  • Repayment types. Make interest-only repayments to assist with your SMSF’s cash flow, or make interest plus principal repayments.
  • Loan amount. With your SMSF you may borrow anywhere from to .
  • Rate lock. A free rate lock is offered, allowing you to lock in at a fixed rate for up to 90 days before you actually settle the Property loan.

Fees

Fees you can avoid

  • Valuation fee. Unless there are additional property value assessments required, you will not be charged for the initial valuation of the property as long as the property value is not over $2 million.
  • Settlement fees. You are not going to be charged any additional monies when you settle your loan application.
  • Rate lock fee. This fee is usually charged to lock in a fixed rate when you apply in case of any changes to rates during the settlement process.

Fees you can’t avoid

  • Application fee: . This is a fee charged for the assessing and processing of your SMSF application.
  • Legal fee: . There are expensive legal fees charged with this loan, which cover the much more complex structures and legal requirements.
  • Exit fee: . When you are ready to discharge your property loan in full, you will be charged this fee.

How to apply for the Macquarie Bank SMSF Property Loan Fixed

If you would like to apply for this home loan, visit the Macquarie Bank website or contact a mortgage broker. Before setting up your meeting make sure that you are able to meet their eligibility requirements:

  • Age. All applicants listed on the application must be at least 18 years of age.
  • SMSF. You must have in place or be setting up an SMSF that allows for this type of investment in its structure.

Have the following documentation ready for the application:

  • Driver’s license. You will be asked to provide a valid Australian driver’s licence number. If not available you may use another form of government-issued photo identification.
  • SMSF trustee. Have all the information pertaining to your SMSF and its trustee available.

Make wise decisions when it comes to choosing a property loan for your SMSF. Compare these types of loans between different banks and lending institutions to ensure that you are getting a competitive interest rate with minimal fees.

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This page was last modified on 5 August 2015 at 9:08.

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4 Responses to Macquarie Bank SMSF Property Loan Fixed

  1. Default Gravatar
    Greg | April 28, 2016

    I have already purchased a property through my SMSF and paid 10% deposit. It’s now looking like 2018 before it will settle. Now I’m thinking about purchasing something with a 4 – 6 month settlement and get the ball rolling so to speak. Will two loans attract double the fees? What else do I need to be aware of??

    • Staff
      Belinda | April 28, 2016

      Hi Greg,

      Thanks for getting in touch.

      You can learn more about home loan fees on this page.

      Essentially, two separate loans may attract double the fees however you may be able to minimise your loan fees if you take out both loans with the same financial institution.

      In this case, the lender may provide you with a discount particularly for fees such as an annual service fee or ongoing fees. However, the fee structure will depend on the type of second loan that you take out.

      If you need personal advice about whether or not to take out a second loan, I would suggest speaking with a mortgage broker, accountant or financial planner.

      All the best,
      Belinda

  2. Default Gravatar
    Deb | April 20, 2016

    Will you lend for specialised property?
    If so what is the LVR

    • Staff
      Belinda | April 21, 2016

      Hi Deb,

      Thanks for getting in touch.

      You’ve come through to finder.com.au which is an online comparison service, so please note that we do not represent Macquarie Bank or it’s products.

      The maximum loan-to-value (LVR) ratio for the Macquarie Bank SMSF Property Fixed Loan is 80%. To discuss the type of property that you can finance with this home loan, please get in touch with Macquarie Bank directly.

      Kind regards,
      Belinda

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