Be Smart About Taking Your Next Home Loan; Choose SMSF

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Whether it’s a small home improvement DIY or the entire property itself, one thing is for certain: it’s not cheap! What can you do? Nobody can live with a hole in their roof in this cold weather! Especially when your savings are tied up in a retirement fund, sometimes there isn’t enough to finance a home improvement project or even to buy a house. However, you should never become desperate and get yourself a huge loan that you don’t really need! This is the biggest mistake people make, and they don’t even think about future repercussions. Just stop and think about it. If you take a huge loan today, no matter how low the interest rates are, will you be able to pay it back if the rate doubled? This is how most businesses and families go bankrupt. So what can you do in this situation?

Be Smart About Taking Your Next Home Loan; Choose SMSF

What is SMSF?

Since putting off roof repairs is not an option, you have to take a loan. However, this is a different kind of loan known as a Self-managed super fund or SMSF for short. If you want to utilize your superannuation and eventually invest it on a property, in this case your house, you can do it with SMSF easily! But wait, aren’t trust funds dangerously volatile? Well, this is a different kind of trust fund! A SMSF can either be a corporate fund account or an individual fund account comprised of you and 4 other partners.

Usually corporate funds can give a ton of benefits and a larger sum of money than an individual trust, however, the former is a bit more costly to sign up for. If you have a SMSF, you’ll be able to reap the benefits of getting interests off of your retirement fund. Unlike Industry trust funds, you have complete reign on your assets and you decide where to invest the money. If you’ve chosen to open an individual trust fund account, for instance, all the assets and funds are pooled into one giant resource that all members can tap into. This type of freedom is never possible from other Mutual Trust accounts. Read more here


As I have mentioned above, SMSFs have numerous benefits and give you free reign over your finances. Not only that, but it also allows you to have a wide variety of options for investment. It can range from industry super funds to traditional retail; really, the opportunities are endless. Furthermore if you’re a SMSF account holder, individual or corporate, you may choose to invest on corporate debt, direct shares, purchase property, and much more.

Find out more here It’s not necessarily limited to home loans and renovation projects. You also get numerous tax benefits from SMSF. In fact, this type of fund is so successful that for the past 5 years, it has given its customers a whopping 12.5% return rather than 9.65% return like other industry funds. SMSFs are the future of loans which you can access today!

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