Buying through an SMSF
Borrowing through a Self-Managed Superannuation Fund (SMSF) can be a great way to diversify your super investments. As of 2007 superannuation laws in Australia have changed to allow an SMSF to borrow money for the purpose of purchasing a property asset. This is a highly regulated industry and when purchasing through an SMSF a strict set of rules must be adhered to. Since the inception of these laws in 2007 we have been working with our clients to help guide them through the difficult terrain of SMSF lending.
There are many aspects involved in setting up a Self-Managed Superannuation fund, this varies from having the right accountant to setup the relevant trusts and associated entities to having a knowledgeable independent financial advisor to ensure that an SMSF is right for you. At Allied Mortgage Corporation we have developed ongoing relationships with some of the best independent firms in the industry to assist you with your requirements and ensure it is a seamless and painless process.