Leverage your SMSF to purchase property

Total Choice Home Loans can work with your Accountant or Financial Planner advice team to assist putting a commercial or residential SMSF property loan in place with a choice of many SMSF loan lenders, especially since the major banks have now withdrawn from this space.

Expanding your investment portfolio by purchasing property through a Self-Managed Super Fund (SMSF) can be a complex process, particularly when it comes to navigating SMSF Loans. This is where Total Choice Home Loans excels, providing expert guidance and access to a diverse range of SMSF Loan options. Jonathan is accredited to provide this specialised advice using extensive experience to craft financing solutions that align with your financial objectives and circumstances.

At Total Choice Home Loans, we understand that more Australians are looking to leverage their Self-Managed Super Funds (SMSF) to invest in property. Our expertise in SMSF Loans is designed to help you make informed decisions as you embark on buying a property across Australia. With the property market continuously evolving, we offer a comprehensive service to guide you through every aspect of the SMSF Loan application process.

Buying a property within an SMSF comes with its own set of rules and considerations. Once you have decided to invest, understanding the concept of SMSF Loans is crucial. These loans allow you to use your superannuation to purchase investment property, capitalising on the investment property's potential for growth and rental payments. However, restrictions apply, and it’s important to familiarise yourself with them. For instance, the property must typically be an investment property, such as non-specialised commercial property, rather than a residential home for personal use.

When applying for an SMSF Loan, interest rates are an important factor to consider. Lenders generally offer variable interest rates and fixed interest rates. While fixed interest rates provide security knowing exactly what you will pay, variable interest rates can offer flexibility and the possibility of interest rate discounts. Lenders also evaluate your loan amount and financial situation, considering factors like credit history, borrowing capacity, and loan to value ratio (LVR). The LVR plays a key role in determining the interest rate you receive and your borrowing potential.

To streamline the application process, it is essential to gather the required documentation. This typically includes a certified copy of the SMSF Trust Deed, a certified copy of the Custodian Trust Deed, and SMSF Bank statements. Additionally, all applicants will need to submit financial statements, and a copy of the contract of sale for the intended property purchase. An accurate representation of your credit history and financial situation will facilitate a smoother SMSF Loan application, potentially leading to a better interest rate. It is also worth noting that for SMSF Mortgage applications for commercial property, some lenders might have specific requirements.

Calculating SMSF Loan repayments involves considering the loan amount, the chosen interest rate option, and any applicable stamp duty fees. These factors will influence the total cost and will need to be incorporated into the larger picture of your investment property portfolio. With properties purchased via an SMSF, be aware of potential capital gains and how they could affect your financial planning. At Total Choice Home Loans, we assist in evaluating your options and understanding how using super to buy an investment property can impact your portfolio in the long term.

In summary, SMSF Loans can be a powerful tool for building an investment property portfolio across Australia. The structured approach at Total Choice Home Loans ensures that you are supported through every phase of the process, from applying for a loan to calculating SMSF Loan repayments. If you're ready to explore your options, our team is here to offer personalised guidance tailored to your financial situation. We invite you to contact us to discuss how we can help you achieve your property investment goals using an SMSF.

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Our Recent Reviews

Jonathan and Linda was great to work with to get our finance approved. I would recommend Total Choice Home Loans to anyone. Total Choice really put in the extra effort to ensure our finances were structured to ensure we get the best structured deal.

Francois Steyl

Absolutely the best. Jon’s advice is totally reliable, and he’s totally solutions focussed. Wouldn’t trust anyone else.

Kelly Douglas

Jonathan, Linda and the Team at Total Choice literally performed miracles in order for me to purchase my new home. I cannot recommend them highly enough. Without Jonathan's experience, reputation and local connections with the right ...

Victoria Caswell

It is the fourth time I deal with Total Choice Home Loans for my mortgages and every time have received stellar service and advice that has facilitated the process of house purchases and sales. I strongly recommend Jonathan and his team!! They go out of their way to provide a comprehensive service that goes beyond my expectations.

Marylene Gagne

Frequently Asked Questions

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.

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