Product Summary:
- Interest Rate: Starting from 7.19%
- Property Types Accepted: Both residential and commercial securities
- LVR: Up to 90% for residential properties and up to 75% for commercial properties
- Loan Amounts: Up to $2.5 million for residential and up to $5 million for commercial
- Clawback Policy: No-clawback product available
- Easy Refinance Option: Available
Easy Refinance for SMSF
Our SMSF Easy Refinance solution simplifies the refinancing process with reduced documentation requirements and streamlined credit criteria, aimed at delivering a quick and efficient credit decision. To qualify for our SMSF Easy Refinance product, the loan must have been settled at least 24 months ago, with an LVR of less than 80%.
Process Overview
Instead of providing two years of full financial statements for SMSFs, you only need to provide two years of clear SMSF loan statements as income documentation. The interest rate remains the same as the standard SMSF product, with no additional loading.
For more details on our simplified SMSF process, please speak with your BDM!