SMSF Loans in Parramatta, NSW with Fastgrow Finance

Many Australians have taken the opportunity to create their own Self Managed Super Fund (SMSF) as a way of ensuring financial security. These funds have unique characteristics and require specialist brokers to assist anyone looking to secure a property investment loan.

If you have an SMSF and are interested in applying for an investment loan, Fastgrow Finance can help understand your borrowing goals and work with our lending partners to find the right mortgage for you.

Self-Managed Super Fund (SMSF) Loans

SMSF (Self-Managed Super Fund) loan is a highly considerable option to secure a home loan for someone who is having trouble getting a home loan due to a lack of reserves. SMSFs are self-managed funds that require great responsibility to run for years. The complexity of managing an SMSF makes the process of getting an SMSF-backed property loan quite complicated.

Conditions of SMSF Loan Sanctions

SMSF loans can be used to buy houses, but they should not be used to buy private property. In such cases, the person who buys the house is not registered as the owner. In fact, the lender is the owner and the person who decides to buy the house is the beneficiary.

SMSF home loans have some strict regulations - without those being followed, the loan will not be sanctioned. One of those rules is, the house/property shall not be inhabited by a relative/family member or the beneficiary themself. The SMSF (Self-Managed Super Fund) can, however, be used for multiple purposes such as residential property, estate for commercial use, or other kinds of investment properties. The loan will be sanctioned on these conditions being met.

Fast and easy with Fastgrow Finance

Getting SMSF loans sanctioned can be a complicated process. If you currently have an SMSF and are willing to set up an investment loan, we can greatly ease the procedure by providing end-to-end assistance. At Fastgrow Finance, we are connected with the biggest banks in Australia and our experts will provide you with the best SMSF investment loans and property loans available in the market. Contact us today.