Commercial SMSF Loan

General Lending Rates

Product Variations

Product Features

• Other Additional Information: Option to split loan

• Redraw Additional Information: This product offers redraw facility

• Other Additional Information: Security Location - [80% LVR – Cat 1], [75% LVR – Cat 2], [70% LVR – Cat 3]

• Other Additional Information: Maximum loan term - 30 years

• Other Additional Information: Up to 5 year interest only terms

• Digital Banking Additional Information: Internet Banking is available for this product - Free internet and telephone transacting

• Extra Repayments Additional Information: If you have a variable loan you can make as many additional repayments as you want, with no penalty at anytime

• Other Additional Information: Maximum loan amount: $3,000,000 - 70% LVR (Cat 1)*, $2,500,000 - 75% LVR (Cat 1)*, $2,000,000 - 80% LVR (Cat 1)*, $2,000,000 - 75% LVR (Cat 2)^, $1,500,000 - 70% LVR (Cat 3)^. [^ in aggregate, * in aggregate or one loan]

Product Eligibility

• Employment Status - Self-managed Superannuation Fund (smsf) Corporate Trustees Who, Acting In Accordance With The Superannuation Industry (supervision) Act 1993 (cth) . Additional Information: The Borrower must be able to satisfy Better Choice’s credit criteria. Serviceability will be undertaken solely from the SMSF itself. The SMSF must be able to service the loan from existing SMSF income and assets, proposed rental income and mandatory members’ contributions.

• Other Additional Information: SMSF Trustee (Borrower) The SMSF trustee must be a corporate trustee (where all beneficiaries must be directors of the trustee company), on behalf of a SMSF. Property Trustee (Mortgagor) The property trustee must be a corporate trustee (and must be a different company to the SMSF company trustee). The property trustee can be another company owned or controlled by a member of the SMSF, but not an individual member of the SMSF. Personal Guarantees from all SMSF beneficiaries All directors and shareholders and beneficiaries of the SMSF are required to provide unconditional joint and several guarantees. This is in addition to the standard requirements for trust borrowers.

Bank Fees and Charges

• Discharge Fee (Exit), Amount: Not Listed.. Additional Information: Admin fee for discharging the loan

• Loan Variation (Event), Amount: Not Listed.. Additional Information: Fees associated with varying the loan agreements

• Annual Fee (Periodic), Amount: Not Listed.. Additional Information: Annual Fee

• Early Repayment Fee (Exit), Amount: Not Listed.. Additional Information: 1.50% if discharged within 3 years (based on original loan amount)

 Limitations & Restrictions (Constraints)

• Max Balance of 3000000.00 Additional Information: The maximum loan balance is $3,000,000

• Min Balance of 100000.00 Additional Information: Minimum loan balance is $100,000

Document Downloads

  tmd-gold-commercial-smsf-variable-rate-loan-final-20251222.pdf (514.4 KB)
  bchl-commercial-fees-charges-101125.pdf (273.5 KB)