SMSF LVR 72% or 80%
- Thread starter Coota9
- Start date
Max 80% LVR for SMSF loans.
Go to lenders;
AMP
St George
Macquarie
Go to lenders;
AMP
St George
Macquarie
As always it depends
if ur trustee is personal, some lenders wont lend at all, andothers like STG will limit to 72 %
In addition,what makes suitable security for a normal loan may not be so for SMSF
ta
rlf
if ur trustee is personal, some lenders wont lend at all, andothers like STG will limit to 72 %
In addition,what makes suitable security for a normal loan may not be so for SMSF
ta
rlf
There are a lot of considerations associated with SMSF lending - LVR is a very small part of the jigsaw in the scheme of things.
Strategically a lender that offers an Offset is a massive advantage.
Tons to consider - please choose the lender wisely as entry and exit fees are huge re SMSF loans.
Strategically a lender that offers an Offset is a massive advantage.
Tons to consider - please choose the lender wisely as entry and exit fees are huge re SMSF loans.
St George have an offset and also available interest only.
AMP + Macquarie dont have offset.
Definitley a big + to have an offset.
AMP + Macquarie dont have offset.
Definitley a big + to have an offset.
thats the same macw bank that reckon a Company security guarantee to the unit holder of aunit trust is illegal,or til recently STG and proper offset on PPOR being illegal too
ta
rolf
AMP, The Rock and St George all have an offset available.
Macquarie doesn't but has other strengths like NRAS under a SMSF.
Trying to educate the boys and gals in branch land of this may be a struggle though.
Macquarie doesn't but has other strengths like NRAS under a SMSF.
Trying to educate the boys and gals in branch land of this may be a struggle though.
Stand corrected.
I misread thier policy that stated;
"Personal offset accounts are not available".
