Super Fund borrowings (SMSF) is a popular strategy used by people today to invest in residential or commercial property. Since the amendment to the law in September 2007 to allow super funds to borrow money in their fund and the subsequent amendments to those laws in 2010, it has further clarified the capacity of super funds to borrow to invest.
There are a whole range of lenders scrabbling to get on board and offer this product to potential clients – but there are only a handful who have really got a great product to offer to the client that is reasonably priced both in interest rates and fees. They all have different requirements involved with the purchase of a property via your super fund.