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    NAB launch SMSF lending

    Hi Cozzie, The Banks vary in their requirements but NAB are the best as mentioned by MikeF and Pete. They can be a bit restrictive in some parts of their product but it also depends which branch/area of the NAB you go through and how strong your financial position as to what rate they will...
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    NAB launch SMSF lending

    Hi asdf, Any law change in this area should have grandfathering provisions like when they unwound property investing through a geared unit trust in 1998 by allowing investors around 12 years to unwind.
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    NAB launch SMSF lending

    Yes it is Bill, MikeF is spot on here
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    NAB launch SMSF lending

    Much appreciated Alistair.
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    NAB launch SMSF lending

    Hi, I know Mike mentioned that you won't be able to unlock the equity but we know of legal advice by one of the top law firms in the country that this is possible with this product. The banks are trying to tie in clients but I think you'll find that the refinance into another SMSF property by...
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    NAB launch SMSF lending

    Hi Alistair, What are the costs for Westpac and the interest rate because we need more competition for Seiza who are very good but their costs are high? Agreed the legals are costly on this product.
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    NAB launch SMSF lending

    Hi Richard, Don't get too excited the big four are too busy feeding on the carcasses of the small securitisors and the Macquaries of the world reaping in all the normal mortgages. It's still the second tiers that are really out there for SMSF borrowing.
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