Self Managed Super Fund Housing Loan

A loan specially designed to allow your Self Managed Super Fund to borrow and invest in residential property.

Investor Variable Rates
From 5.37%p.a1

Features & Benefits

Tick box Created with Sketch.
Competitive interest rates
Tick box Created with Sketch.
No monthly service fees
Tick box Created with Sketch.
Split your loan to hedge against interest rate uncertainty
Tick box Created with Sketch.
Dedicated Relationship Manager

The Self Managed Super Fund (SMSF) Housing Loan is tailored to provide loans to trustees of authorised regulated Australian Self Managed Super Funds (SMSFs) to borrow for the purpose of purchasing residential property.2

Our SMSF Housing Loan can help your SMSF pursue the potential benefits of borrowing to invest in your Self Managed Super Fund while ensuring that other assets of your SMSF remain protected.

It's important to consider that borrowing through your SMSF to invest in residential property can be a complex strategy. We require that you source independent Legal and Financial advice before applying.

SMSF Loans for Commercial and Rural properties are also available. Please see Self Managed Super Fund Loans for further details.

Product Details

Borrowers
Investor
Interest Rate Type
Variable or Fixed
Repayment Frequencies
Monthly
Advance Payments
Yes
Redraw
No
100% Offset Accounts
No
Split Loans Allowed
Yes³
Minimum Amount
$100,000
Maximum Term
25 years
Minimum Deposit
(without Lenders Mortgage Insurance)
20-30%4
Minimum Deposit
(with Lenders Mortgage Insurance)
LMI not available
Interest Only Payments Available
No
Discounted Interest Rate on "Your Choice" Credit Card
N/A
Other Benefits
Annual Fee
None
Approval Fee
$1,500
Documentation Fee
$1,045
Valuation Fee
At cost
Top Up Fee
N/A
Restructure Fee
N/A
Monthly Service Fee
None
Break Costs for Early Payout
May apply to fixed loans
Waived Access Fee on Transaction & Savings Accounts
Yes 5
Investor Variable Rates
From 5.37%p.a1

Disclaimer

1 Interest rates are on a per annum basis and are current as at 19/08/16 and are subject to change.

2 The Self Managed Super Fund Housing Loan is only available for residential property purchases for investment purposes only and must be secured by a first registered mortgage over the property being purchased. It is not available for owner-occupied property, vacant land (unless rural acreage), specialised securities (pubs, motels and service stations etc), renovations, repairs, credit increases, construction loans, second mortgages or low doc loans. We require that you seek your own financial, tax, and legal advice before borrowing to invest in super.

3 Additional documentation fees may apply for split loans.

4  Minimum deposit is 30% for properties in towns with populations of 5,000 to 20,000 and 20% for properties in towns with populations over 20,000.

5 No monthly Access Fee where the minimum monthly membership balance exceeds $5,000.

Terms, conditions, fees, charges and normal lending criteria apply. See Fees & Charges for full details.
Please refer to the Product Details when considering if this product is right for you.
Community Mutual Ltd is the issuer of the product.