Aaron WhybrowGeneral Manager, Strategic Mortgage Broker

SMSF: 1 Can Superannuation Still Borrow money?

Name: SMSF: 1 Can Superannuation Still Borrow money?
Uploaded: 2019-05-21T02:04:08Z
Channel: Aaron Whybrow
Description: Aaron Whybrow explains that SMSFs can still borrow money, though banks have largely stepped back from offering these products. Non-bank lenders now…

21 May 2019

Watch on YouTube

Aaron Whybrow explains that SMSFs can still borrow money, though banks have largely stepped back from offering these products. Non-bank lenders now handle most SMSF lending, with both residential and commercial options available.

Self managed.
Super funds.
Hey it's Aaron from Diagnostics.
And finance.
Clients have come to me and asked me whether they can still either set up a self managed super fund or use their current.
Self managed super fund to.
Borrow money for example an investment property and I have to say the answer is yes. These clients have typically gone to their bank, their main bank they've gone into a branch and they've asked the question can I borrow money in my super fund and most of the time they'll say yes but we don't have a product or they said we used to but we don't anymore so what's that left us? It's left us to go to the.
Non banks.
So there are options for both residential and commercial lending in your self money super fund so I just wanted to answer that question can you borrow in your self money super fund? The answer is yes. Go to a broker come to diagnostics and finance and we'll help you out.