Search found 3 matches

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Tue May 07, 2019 3:26 pm
Forum: Home Loan Forum
Topic: Westpac doesn't offer SMSF loans anymore?
Replies: 5
Views: 11814

Re: Westpac doesn't offer SMSF loans anymore?

I’ve been hearing that the interest rates for SMSF home loans are quite high, with interest rates starting at 6% p.a and above. What’s the best SMSF interest rate you can get me?
by
Tue May 07, 2019 1:58 pm
Forum: Home Loan Forum
Topic: Westpac doesn't offer SMSF loans anymore?
Replies: 5
Views: 11814

Re: Westpac doesn't offer SMSF loans anymore?

My accountant mentioned the super fund needs to set up a bare trust to purchase an investment property within the SMSF. Why do I need to set up a bare trust and by when do I need it?
by
Tue May 07, 2019 12:17 pm
Forum: Home Loan Forum
Topic: Westpac doesn't offer SMSF loans anymore?
Replies: 5
Views: 11814

Westpac doesn't offer SMSF loans anymore?

I went to my bank Westpac (WBC) but I was told that they don’t offer SMSF loans anymore. I established our SMSF with both me and my wife as the trustees last year. I spoke with our accountant and he’s advised us of the benefits of selling our commercial premises to our SMSF. Are there other SMSF commercial loan providers that lend to SuperFunds?