Search found 3 matches

by Shawn P
Thu Apr 25, 2019 11:42 am
Forum: Home Loan Forum
Topic: $5 million needed in my SMSF for a NAB SMSF loan?
Replies: 5
Views: 1298

Re: $5 million needed in my SMSF for a NAB SMSF loan?

That’s great. What will the liquidity requirements after settlement be? Are ASX traded shares accepted as liquid assets?
by Shawn P
Wed Apr 24, 2019 7:17 pm
Forum: Home Loan Forum
Topic: $5 million needed in my SMSF for a NAB SMSF loan?
Replies: 5
Views: 1298

Re: $5 million needed in my SMSF for a NAB SMSF loan?

In addition to a new SMSF mortgage, I would also like to discuss my options regarding the SMSF mortgage I already have with AMP. Currently, I’m paying 6.29% in interest with a mortgage balance of $492,000. It’s a residential investment property valued at $820,000. Can I refinance my SMSF loan to a b...
by Shawn P
Wed Apr 24, 2019 6:18 pm
Forum: Home Loan Forum
Topic: $5 million needed in my SMSF for a NAB SMSF loan?
Replies: 5
Views: 1298

$5 million needed in my SMSF for a NAB SMSF loan?

Hi, I applied for a NAB SMSF loan but I was declined because apparently, they require me to have at least $5 million in my trust. I don’t understand this. I have two investment properties worth $1.2 million and I’m looking to add another property to my investment portfolio. First, why did most banks...

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