Superannuation Lending

• Would you like to purchase a property by accessing your superannuation savings?
• Would you like to plan your retirement on your own terms?
• Would you like greater control over which type of asset you invest in to fund your retirement?

It may be possible for you to borrow money to purchase property using a Self-Managed Superannuation Fund loan (SMSF).

Any property purchased using a SMSF loan works in the same way as any other investment property loan, but the deposit is factored from your superannuation savings.

A SMSF loan can be used to purchase residential or commercial property, or even a holiday home. However, a key characteristic of SMSF loans is that they can only be used to purchase property that is intended as an investment, rather than as your family home.

When you talk to an Energise Home Loans mortgage broker, your individual current and future finance needs will be considered, and matched with the panel of lenders that offer Superannuation Fund Loans. SMSF loan terms, loan features and interest rates vary widely between lenders, so assistance from a mortgage broker is very important to ensure you are entering the best possible arrangement to meet your financial needs.

The following guide outlines the usual steps involved in arranging a Superannuation Fund Loan:

1. 1. Establish or review your SMSF – this is usually done with your financial advisor, but an Energise Home Loans mortgage broker can also be involved, to make the subsequent lending process as smooth and efficient as possible
   2. Establish the Property Trust Deed
   3. Instructions to Conveyancers/Solicitors
   4. Obtain loan approval
   5. Exchange contracts
   6. Loan documents issued by the bank for signature
   7. Settlement