Mortgage manager Australian First Mortgage has upped the LVRs for its commercial SMSF
The company today announced it would increase LVRs for SMSF
commercial property finance from 65% to 70%.
"This is excellent news for borrowers considering purchasing a property through their super fund. Whilst 65% was an acceptable LVR, 70% makes it extremely attractive," director Iain Forbes
Forbes said the company specialised in SMSF
lending for both commercial and residential properties. LVRs for residential SMSF
loans will remain at 80%.