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  1. MikeF

    SMSF Lending - 80% LVR for RIPs?

    Hi JIT As deejay says you shouldn't have any SD/CGT implications if your records are correctly drawn up and properly kept. In NSW you need to have your bare trust documents stamped with the Office State Revenue and in doing so you need to provide evidence such as bank statements showing...
  2. MikeF

    SMSF Lending - 80% LVR for RIPs?

    Hi Euro I also heard that St George were looking at introducing guarantees following I'm guessing pressure from big brother (Westpac) however its not clear what the guarantee will actually cover nor whether it will be a requirment for low (eg <50%) LVR deals. St George set up fees for...
  3. MikeF

    SMSF Lending - 80% LVR for RIPs?

    There is only one SMSF lender doing 80% and thats CBA (SuperGear) however their terms/conditions are very rough to meet and yes they do require personal guarantees however will waive them if LVR is less than 50%. Conditions include; Minimum loan Amount $200,000 SMSF must have at least...
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