Resimac Self-Managed Superannuation Fund
A self-managed superannuation fund (SMSF) residential property investment loan designed to meet the investment strategy, objectives, financial situation and needs of SMSF Corporate Trustees looking to acquire residential property through their SMSF for investment purposes.- SMSFs can borrow money for the purchase of a residential investment property within the superannuation fund, with the property held in trust for the SMSF until the loan has been repaid.
- Serviceability of the loan can be demonstrated through rental income from the investment property as well as superannuation contributions.
- The trust may be entitled to potential tax deductions by offsetting the loans interest and other borrowing / property expenses against the property’s rental income.
- Loans to be supported by personal guarantee from beneficiaries of the SMSF.
Please refer to products specs for additional information.