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.
It took me 4 weeks to get my offer in and settle on my first property, thanks to Sacha, Sarah and Jessica at Seabreeze Wealth. Being a first home buyer, I didn't really understand the process and steps involved, but the team handled everything with ease and made sure I was informed at every point along the way. Thank you so much, I really appreciate the care and timeliness through the process, and for making such an insurmountable task so easy. I didn't have to worry once through the whole process, which was such a relief. Thank you again! I highly recommend Seabreeze to anyone who is embarking on the property journey.
Vicki M
We were incredibly happy with the service provided. The staff were professional and friendly and made the whole process smooth and seamless from the beginning to the end of our loan. We wish to offer them a big ‘Thank you’ for all of the teams help!
Katy Roberts
⭐⭐⭐⭐⭐ Really happy with my experience with Seabreeze Wealth. Everyone was so friendly, helpful and easy to work with, and they made the whole process feel really simple and stress-free. Buying property can feel pretty overwhelming, especially getting started, but they made that first step so much easier and were there to help along the way. I really appreciated how efficient and approachable they were. Would definitely recommend Seabreeze Wealth to anyone looking to get started with buying property!
Emma Brei
Sacha and the team were amazing to work with. They go over and above to communicate every step along the way, and just make the process so smooth. We have had experience with a lot of brokers in the past, but none as efficient, organised and capable as Sacha and her team!
Erin Downes
Tristam Horn
To Sasha and staff at seabreez wealth. We would like to say many thanks from prow and pud for the wonderful service and how easy you made our journey to be able to purchase our first home. We are so happy and it is all because of you all at seabreez wealth. Once again thank you sasha and your team. 🙏🏠 …
Parw Saengwut
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 Licence #389087. Sacha Harrison (Credit Representative #408801) is authorised under Australian Credit Licence #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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