SMSF Loans
Seabreeze Wealth will help you grow the wealth of your Self Managed Super Fund (SMSF) by getting a SMSF Loan to invest in property
Many Australians entrust their retirement savings to industry or retail super funds, often taking a hands-off approach to managing their investments. However, there's another way to secure your financial future: using your retirement savings to invest in property through a Self-Managed Super Fund (SMSF).
An SMSF home loan differs from your typical home loan in terms of legal structure, purpose, lending policies, and loan structure.
If you’re looking for an SMSF home loan, our senior brokers at Seabreeze Wealth will get you on track—providing the right finance using your SMSF.
The SMSF, simply put, gives you control over how your retirement funds are invested, rather than relying on a super fund manager. It's crucial to work closely with our Senior Mortgage Broker and your accountant when considering an SMSF. They can work together to ensure compliance with tax laws and superannuation regulations and help devise an investment strategy for optimal outcomes.
Buying property with your SMSF comes with certain criteria. While property investment is generally seen as a safe long-term investment, specific conditions must be met. For instance, the property purchased must solely benefit the fund members, cannot be bought from a family member, and any rental income or capital gains must be reinvested into the fund until retirement.
Importantly, a property purchased through your SMSF cannot be lived in by the fund member, nor can equity be released from it as one might do with a personal home. The primary goal is to ensure financial gains for the fund.
To purchase property using your SMSF, you'll need a Limited Recourse Borrowing Arrangement (LRBA) with a loan provider. With an LRBA, the SMSF trustee borrows funds to buy property, using a portion of their superannuation savings as a deposit. The property purchased through an LRBA is held in a separate trust until the loan is repaid, ensuring that other SMSF assets are not at risk if there's a loan default.
Sarah was amazing every step of the way. She helped us through the process of refinancing our property loans. Communication was prompt and we achieved our goal quickly.
Logan Pratt
We recently worked with Sarah to refinance our loans and she made the whole process so easy. Sarah was able to secure us a lower interest rate and even negotiated better rates for our existing loans with the same bank. She was prompt, clear ...
Amy Pack
Sacha was extremely professional and very helpful during the whole process, she kept me informed every step of the way. Any questions I had throughout she explained to me so I had a better understanding of the process. I highly recommend her services as seabreeze wealth made it a breeze, 5 ⭐️
Eli Cunningham
A home that was more than we dreamed of, and service we never thought existed. I cannot speak highly enough of Sacha, Sarah and Jessica. It’s a cut throat ...
Catherine Spain
I cannot recommend Seabreeze Wealth highly enough! Sacha Harrison, Sarah and her team was absolutely amazing to deal with – professional, trustworthy, excellent communication skills and genuinely had my best interests at heart. They took ...
Amanda Attardo
Sacha made buying our first home in Australia as Kiwis much easier than we expected. She’s an excellent communicator who was always one step ahead, letting us know exactly what we needed to do and when. Nothing was ever too much trouble. ...
Nicole Lees
When weighing the choice between using a mortgage broker or relying solely on a bank, it's crucial to recognize that your bank may not inform you about potentially more affordable options available from other lenders. In contrast, a mortgage broker provides a thorough comparison of various options. Furthermore, our services incur no cost to you, and satisfaction surveys consistently reveal that mortgage brokers surpass bank managers in customer satisfaction. We handle the complexities of loan applications and negotiate with banks on your behalf.
There are several government grants and incentives available for first-time homebuyers. For instance, the First Home Owner Grant (FHOG) provides financial aid for purchasing or constructing a new home. Moreover, the First Home Loan Deposit Scheme (FHLDS) and Home Builder Scheme offer additional assistance. Property investors may also benefit from tax advantages and depreciation allowances. At Seabreeze Wealth we can provide detailed information on these programs and their potential advantages for you.
Each state sets specific eligibility requirements for the First Home Owner's Grant or Stamp Duty Concession. These usually involve confirming your citizenship or permanent residency status, ensuring that the property's purchase price meets certain criteria, and verifying that it is your first home. You can easily access links to the requirements of each state here.
Many believe our role ends once the loan is approved. While that's a crucial part, our dedication truly shines in our post-settlement service. We actively review every loan every six to twelve months, and we know which banks are open to renegotiating your loans. We're committed to keeping more money in your pocket rather than the banks'.
Certainly. Refinancing an existing mortgage can be a wise financial decision to access better interest rates, tap into equity, or adjust loan terms. As a mortgage broker, I can evaluate your current mortgage and financial circumstances, explore various options available, and assist you through the refinancing process to potentially save money or accomplish other financial objectives.
Seabreeze Wealth Pty Ltd (Credit Representative #555991) is authorised under Australian Credit License #389087. Sacha Harrison (Credit Representative #408801) is authorised under Australian Credit License #389087.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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