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SMSF-insifficient-asset

SMSF Loan – 80% LVR, insufficient assets in SMSF

Our client sought to raise funds to purchase an investment property, leveraging their SMSF. The total net asset of the SMSF was $105,000, which is less than what most traditional lenders and banks require (the required range is usually $150,000 – $200,000).

GCC Home Loans were able to help by facilitating the finance via one of more than 450 lenders on our panel. Thanks to our assistance, there was no need for extra funds to be placed into the SMSF.

Amount:             $240,000

LVR:                    80%

Interest rate:     5.99%