So you have been thinking, that you probably have just about enough in super to buy yourself an investment property, but how much do you really need? Is it the same as a normal home loan, where you need 5% + costs, 20% + costs, or even 30% + costs? And, can you take mortgage insurance to borrow more? Which banks will do this type of loan, and how much will it cost?
The market has changed dramatically in recent months much thanks to changes rolled out by one of the industry regulators, and with so much ongoing change, if you are thinking of borrowing in your Self Managed Super Fund, it is imperative you work with a broker that is across the changes, and how they will effect you and what you want to achieve.
Thinking about your super and your options? Call us, you have questions, we have the people, the knowledge and the resources to save you money, time and stress and get you to where you want to go faster!
Rachael Bland – Founder & CEO