Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Best we have used is The Dragon at 72, with no personal guarantees to boot.
That's what I found as wellBest we have used is The Dragon at 72, with no personal guarantees to boot.
ta
rolf
Hi Rolf,
Do NAB require personal guarantees? NAB have been suggested as the financier for our SMSF due them not having a minimum loan size...
SMSF Loans said:We have a number of lenders who either don’t require personal guarantees or who we can negotiate with to waive the requirement, subject to the specifics of your application and scenario. SMSF Loans has been successful in negotiating a number of concessions from lenders under circumstances where customers of that very lender have been subjected to strict application of bank policy.
If you are still youngish and want to do more borrowing in your own, or vehicles other than the SMSF, the guarantee provided to the SMSF can dilute your borrow cap by a LOT
ta
rolf
These guys reckon they can negotiate out the personal guarantee clause in some instances:
http://www.smsfloan.com.au/PersonalGuarantees.php.
They also say they can get to 80% LVR on a case by case basis.
Hi there,
Are there any lenders going to 80% LVR for SMSF lends for residential property?
Thanks,
JIT
I believe the non compliance issue with regard to personal guarantees has recently been put aside by the regulator ?
STG will be introducing a Personal Guarantee from next week. Looks like every SMSF product will require a PG now.
How do the set up costs and DEF's compare?
The impression m getting from reading these forums is that St George is the preferred lender for a SMSF product. Does anyone have a contrary view?
Cheers