Self-Managed Super Fund (SMSF)

Self-managed super funds (SMSFs) are a way of saving for your retirement. SMSF is able to purchase and borrow as part of various investment activities. Due to political uncertainty and tightening policy, many banks discontinued to offer SMSF loans recently. There are still choice available. The main difficulty for most SMSF applicants is proving that.

The main difficulty for most SMSF applicants is proving that there is sufficient income to support the loan.  Typically, the banks will look at the two years contribution plus the proposed rental income to calculate borrowing capacity.