The simplest and quickest way to apply for an SMSF loan.
Can I borrow?
Use our Calculator to discover your SMFS’s borrowing capacity and see if you meet the lender’s eligibility criteria.
Apply for a loan now
Use our integrated online service to fast-track your loan application.
Why use SuperLX?
You’ve made the decision to build your retirement savings by investing in property through your SMSF, and you’ve identified the ideal investment property.
That was the easy part. Now you have to arrange a loan for your SMSF. SMSF loans are complex to set-up and obtain. That’s why banks struggle to provide SMSF loans in a competitive way.
At SuperLX we only do SMSF loans. We have over 25 years of SMSF administration experience, including the establishment of limited recourse borrowing arrangements for SMSFs. We know:
- How to assess your SMSF’s credit risk
- How to arrange and set-up a great SMSF loan for you, and
- What is required to be fully compliant with the ATO
SuperLX is the only SMSF loan platform that is fully integrated with your SMSF’s accounting and legal documents service providers. This means all the work involved in applying and preparing for an SMSF loan is done for you, and you pay no more than if you dealt directly with the lender.
Use SuperLX’s SMSF loan calculator. It is the only loan calculator available that is specifically designed for SMSFs. This saves you time, money and confusion.
A guide to our product and process
- The process is very easy – You just need to tell us about the property you’re thinking about and provide us with access to up to date information from your SMSF’s accounts. Then we’ll give you an indication of how much we think you can borrow and your eligibility.
- If you or your accountant doesn’t use one of the main administration platforms we integrate with, you can also provide us with the required information manually.
- If you wish to proceed to an application, we’ll need a little more information about the SMSF’s members and their employment status.
- We do not provide advice about the suitability of the investment for your SMSF or the investment merits of the particular property you have in mind. You should discuss this with a trusted and suitably qualified adviser.
- We strongly recommend that you read our FAQs before you proceed with applying for an LRBA. If in doubt, consult your financial adviser or lawyer.
Product Features
We compare below the best features of SMSF loans provided by our panel lenders. Go to our SMSF Loan Calculator and run a scenario and we will provide you with a detailed summary of product features from lenders that meet your circumstances. Please note that not all these product features will be available under your scenario. For example, if you have a higher LVR your interest will be higher than stated here. Some property types and locations attract lower maximum LVRs and higher interest rates. Actual terms will be subject to the lender’s final assessment of your application.
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| SMSF Residential | |
| Interest rate^ | From 5.54%^ |
| Comparison Rate | n/a |
| Minimum loan amount | $100,000 |
| Maximum loan amount | Up to $10,000,000 |
| Postcode | Inner city, metro and major regional |
| Maximum LVR | 80% |
| Lender’s mortgage insurance | Not required |
| Members’ guarantee | Standard requirement, but exemptions available for certain circumstances |
| Maximum loan term | 30 years |
| Repayment | Typically, principal & interest, but interest only for up to 5 years available in certain circumstances |
| Additional payments | Yes, but in certain circumstance subject to prepayment or exit fees |
| Redraw | Not permitted |
| Construction loans | Not permitted |
| Fixed rate loans | Fixed rate of up to 5 years available on request. Not offered by all lenders |
| Fees | Refer to SuperLX SMSF Loan Calculator |
| Minimum net fund assets and liquidity | Refer to SuperLX SMSF Loan Calculator |
| SMSF Commercial | |
| Interest rate^ | From 5.60%^ |
| Comparison Rate | n/a |
| Minimum loan amount | $100,000 |
| Maximum loan amount | Up to $10,000,000 |
| Postcode | Inner city, metro and major regional |
| Maximum LVR | 75% |
| Lender’s mortgage insurance | Not required |
| Members’ guarantee | Standard requirement, but exemptions available for certain circumstances |
| Maximum loan term | 25 years |
| Repayment | Typically, principal & interest, but interest only for up to 5 years available in certain circumstances |
| Additional payments | Yes, but in certain circumstance subject to prepayment or exit fees |
| Redraw | Not permitted |
| Construction loans | Not permitted |
| Fixed rate loans | Fixed rate of up to 5 years available on request. Not offered by all lenders |
| Fees | Refer to SuperLX SMSF Loan Calculator |
| Minimum net fund assets and liquidity | Refer to SuperLX SMSF Loan Calculator |
^Depends on the loan amount, LVR and/or risk grade of the borrower. Last Updated 6 September 2019
How we work
How we work
You (or your adviser) go to SuperLX.com.au and we will do all the number crunching. Provide us with a few details about your SMSF (or let us integrate with your SMSF accounting software) and we will calculate you SMSF’s borrowing capability.
We will send you a detailed assessment of lenders who can meet your circumstances and on what terms. We will also show you our calculations on how we got there. We will help you choose the best deal.
We will prepare your application, get you to electronically sign it and fast track it through the approval process. In normal circumstances the lender will provide us with an indicative approval within 24 to 48 hours.
We can integrate your application with our SMSF lawyers who can establish your Bare Trust and do your conveyancing, or you can use your own lawyers.
We will work with you to finalise your loan.
SuperLX connects to your SMSF’s accounting platform, making it easy for you to enquire, apply for, and complete the process of buying a property in your SMSF with an SMSF loan (or otherwise known as a limited recourse borrowing arrangement (LRBA)).
Use our SMSF loan calculator, which is specifically designed to help an SMSF understand its borrowing ability and eligibility for an SMSF loan. We will provide you with a detailed assessment of your SMSF loan borrowing scenario. SuperLX’s SMSF loan calculator is the only calculator available that will help you do this.
We prepare your application form and make it very easy for you to apply for an SMSF loan. We continue to support you by:
- Providing you expert borrowing advice along the way
- Keeping track of your application
- Providing a secure portal where you can upload documents the lender may require
- Connecting you to SMSF lawyers integrated with our platform who can establish your Bare Trust arrangements and attend to the conveyance of your investment property.
We strongly recommend that you read our FAQs before you proceed with applying for a LRBA. If in doubt, consult your financial adviser or lawyer.
Partners
Lending Partner
Lending Partner
Legal Partner
Platform Partner
