The term ‘super borrowing’ is used to describe when a superannuation fund borrows money to purchase an investment asset. Borrowing to invest is not a new concept. According to statistics from APRA for the March quarter, SMSFs now account for 31.5% of the nation’s $1.58trn superannuation pool. Overall, the value of assets held in SMSFs reached $469.2bn, an increase of $22bn for the quarter.
The Time Home Loan SMSF Property Loan has been developed in line with current SMSF laws and regulations however, we require applicants to seek independent financial and legal advice before committing to an SMSF purchase. SMSF Lenders are encouraged to contact Time Home Loans for an assessment.