SMSF Loans
Self Managed Super Fund loans for Residential, Commercial & NDIS Security Properties.
Direct Credit Home Loans Australia offer common sense lending solutions to borrowers of Self Managed Super Funds.
Through simple and tailored products, We look to assist this important group of the Australian economy to achieve their ambitions and financial security toward retirement with SMSF Lending.
Direct Credit’s Prime SMSF product caters for PAYG & Self-employed applicants wishing to Purchase or Refinance Residential or Commercial property with in their own Self Managed Super Fund. Find out more about Self Managed super funds and the asscoiated rules, visit the Australian Tax Office website here for further infomation.
Features & Criteria of our Prime SMSF Loans
Our Prime SMSF product caters for Self Managed Super Fund applicants looking to purchase or refinance.
Available for Residential, Commercial and NDIS securities in Metro, Non Metro and Regional locations.
- 100% Offset account available
- Up to 5 years Interest Only available
- Maximum loan term of up to 30 years.
- Loan sizes up to $3 Million
- Maximum LVR’s – 90% Metro & Non Metro – 80% Inner City & High Density- 75% Regional (Larger loan sizes may reduce Lvr)
- NDIS Security Properties Ok!
- Commercial includes retail and industrial securities including Childcare, Retirement & Student accommodation
- Lenders Risk Fees may apply to Commercial and NDIS securities
- Only Corporate Trustee structures accepted
- Legal and Financial advice is required for all purchases.
- Asset Test – No minimum requirements
- Servicing achieved using evidenced member superannuation contributions, existing share dividend or cash interest and rental income.
- Self Employed applicants will need to evidence 2 years historical contributions being made to any Super Fund.
- Other investment income may be used for servicing using a min deeming rate of 3% p.a. averaged over 2 years.
- Easy Refinance option available for SMSF loans where original settlement occured 1 year or more from current date.
- All other refinances must complete full application and provide all standard support documentation for assessment.
Vacant land and/or construction are unacceptable under any SMSF lending policy.
Apply online or Contact us for more infomation.
Applicable loans
DIRECT SMSF LOANS - RESIDENTIAL
Interest rate
from 7.19%
Loan type
Variable
Max LVR
90%
Annual fees
$395 Per Annum
Application fee
$880
• Interest rate 7.19% diplayed is 60% Lvr Residential under 1 Million
• Available for purchase or refinance of residential or commercial securities
• Maximum loan term of up to 30 years.
• Interest Only availiable up to 5 years
DIRECT SMSF LOANS - COMMERCIAL
Interest rate
from 8.04%
Loan type
Variable
Max LVR
80%
Application fee
$880
• Interest rate 8.04% diplayed is 60% Lvr Commercial under 1.5 Million
• Available for purchase or refinance of residential or commercial securities
• Maximum loan term of up to 30 years.
• Interest Only availiable up to 5 years
Get started now - Contact us today!
Steps to your SMSF Loans
1. Am I eligible for a loan?
You will require an established Self Managed Super Fund with a Bare Trust structure to hold the asset. You will need to obtain advice from your accountant or financial planner if you are new to SMSF, so that they can assist you setting it up correctly.
2. Know your loan capacity
See how much you can borrow using our simple borrowing power calculator, or call one of our friendly team to get a detailed borrowing capacity over the phone today
3. Book a consultation or apply online
Call us on Freecall 1800 000 800 for a no obligation chat or, if you’re ready to apply get started now.
