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Homeloans Self Managed Super Fund

Homeloans ProSmart Self-Managed Super Fund allows established Self-Managed Super Fund customers to borrow funds for the purchase or refinance of residential investment properties.

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Homeloans Self Managed super Fund features
Loan term 10 - 30 years
Loan purpose
  • Purchase
  • Refinance
Borrower type
  • Must be an established SMSF
  • Already prepared Property Trust Deed
  • Cannot be a non-resident or a foreign entity
  • Property Trustee(s) must be a separate entity from the SMSF Trustee(s)
  • All adult members of the SMSF MUST be Guarantors
Deposit requirements Borrow up to 70% of the purchase price.
Interest rate options
  • Variable
  • Fixed
Repayment frequency
  • Weekly
  • Fortnightly
  • Monthly
Repayment options
  • Salary credit
  • BPAY
  • Direct debit
Split product option NA
Split rate option NA
Redraw NA
Additional repayments Yes. Fixed – up to $10k max in a 12 month period without penalty.
Internet and phone banking Yes
Loan portability Yes
Ongoing fees Nil

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