Together we will secure your future.
Put your financial needs first and look for the loan that best suits your circumstances so that you get the best value
Take a long-term view and navigate through all the lenders’ fees, terms and conditions to make sure you’re not paying more than you should over the full life of your loan
Do the loan application leg work for you, not only making life easier but giving you a better chance of swift approval because we know what is required from the lender
Be available at times that suit you, in a manner that suits you (phone, video call or in-person), so you can better manage your time commitments
Does your SMSF want to buy a residential property solely as an investment or rent it out until you retire and then move into it?
Does your SMSF want to buy a commercial property solely as an investment or rent it back to your business?
Nothing!
Some brokers charge for their services, especially for complex transactions and non bank finance transactions. However, JBF Solutions earns income for finance broking services solely from commissions paid by the lender.
JBF Solutions earns commission, paid by the lender, if and when you execute a loan.
The two main types of commission are:
- Upfront: a one-time payment on loan execution calculated based on a pre-agreed percentage of the loan value.
- Ongoing: an annual payment calculated based on a pre-agreed percentage of the remaining loan balance.
Commission rates vary between lenders.
As required by regulation, JBF Solutions discloses its commission rates to it clients.
Finance brokers in Australia are regulated by the Australian Securities and Investments Commission (ASIC) and must comply with responsible lending obligations under the National Consumer Credit Protection Act.
A SMSF property loan is used by your SMSF to purchase an investment property (residential or commercial). The returns on the investment, either capital gains and/or rental payments, are returned back to the superannuation fund for your retirement.
Borrowing or gearing your super into property involves very strict borrowing conditions. It's called a 'limited recourse borrowing arrangement' (LRBA).
You can only purchase a single asset with a LRBA. For example, a residential or commercial property. The Australian Taxation Office (ATO) has more information about limited recourse borrowing arrangements.
You should assess whether investing in property is consistent with the investment strategy and risk profile of your SMSF.
Borrowing adds complexity to your SMSF, so it's important to get advice from a licensed financial adviser.
A SMSF can generally borrow up to 80% of the value of a residential property and up to 70% of the value of a commercial property.
Some lenders require that SMSFs do not use all of its liquid assets (cash or shares) to purchase a property and impose a minimum value to be retained as liquid assets.
Depending on the lender, SMSF loans are offered as either fixed or variable rate options. Interest only options may also be available.