If you have a Self-Managed Super Fund (SMSF), or are thinking about setting one up, you may be eligible to buy a residential or commercial investment property.

Below are the basic features of SMSF loans:

• SMSF holds a beneficial interest in the property
• Any money received will be funneled back to the fund
• The security trust holds the legal title
• The lender has restricted recourse only to the mortgaged property
• The legal title is transferred to the SMSF when the property has been totally paid off

How do SMSF's work?

Your SMSF works in much the same way as any other super fund. During your working life, contributions are made to the fund and invested to create wealth which is distributed during retirement.

Get SMSF home loan advice from an expert!

Due to their complexity, SMSF home loans are unfamiliar to many mortgage brokers. Always work with a broker like John Timms at Mortgage Choice Melton who has expertise and experience with SMSF home loans.

John has a great deal of expertise with SMSF home loans. He has completed all compliance and certification training for SMSF lending from externally approved training companies and is fully accredited with several lenders that offer these products.

To discuss  SMSF loan requirements in more detail call John Timms today on 0423 140 444