SMSF Residential

From 4.98%
*Promotion Rate
SCENARIO INQUIRY

About SMSF Residential

  • Max LVR: 80%
  • Max Loan Amount: $500,000
  • Promotion Rate: 4.98% LVR 80%
  • Loan Term up to 30 Years
  • Available for Purchase and Refinance
  • Accept Min. Living Area 50 sqm and Rural property Land Size 10 hectares
Application Form
COVID FORM
VALUATION FORM
DISCHARGE FORM
INCOME DECLARATION
- SELF EMPLOYED
ACCOUNTANT'S
VERIFICATION
PURPOSE OF LOAN FUNDS
DECLARATION FORM
PRICING AND EXCEPTION
REQUEST FORM

Loan Purpose and Rate

Principal and Interest
4.98% PI (LVR ≤ 80%)
  • Interest rate from 4.98% P.A.
  • Comparison rate from 5.50% P.A.

Product Summary

Security type Residential 
Loan Amount $100,000 to $500,000 
Maximum LVR 80% 
Loan Term Up to 30 years 
Borrower Type SMSF Trustee/s 
Guarantors  Loans must be supported by personal guarantee/s for the full amount of the loan from all beneficiaries of the SMSF.  
Refer to the SMSF Product Guide for details. 
Loan Purpose New Purchase, Refinance 
Repayment Method Direct debit from nominated bank account 
Deposit/Equity  Minimum SMSF net tangible assets of $150,000 required (prior to loan transaction). Refer to the SMSF Product Guide for details. 
Interest structure Principal and Interest  
Variable Rate (LVR ≤ 65%) 4.98% P.A. (PI) 
Establishment fee Up to 1.50% of the loan amount + GST (non-refundable) 

Document Checklist

Income Documents
  • Serviceability:
  • 80% of rental income from investment properties held by the SMSF.
  • Mandatory superannuation contributions to be included and verified over a 2-year period.
  • Regular additional contributions made to superannuation or other personal investments, or savings verified over a 2-year period.
  • Must allow for on-going expenses associated with running a SMSF. Where a newly established SMSF cannot provide evidence (Letter from their accountant) to confirm the running costs of the SMSF, a minimum of $3,000(GST inclusive) should be included in the SMSF Servicing Calculator, otherwise use the running costs stated on the accountant’s correspondence.
  • Loan repayment amount to be calculated on a principal and interest basis.

Loan Calculator

Broker sends applicant’s asset and liabilities to LoanOne,
LoanOne conducts servicing calculation.

* The comparison rate is based on a secured loan of $150,000 and a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.