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An SMSF loan is a loan that you take out with your own self-managed super fund. You need to be the primary member of the fund and be over 18 years old. The loan can be for any purpose, but it must have some connection to the investment of your superannuation assets.
In Australia, borrowers can access SMSF home loans for investment properties through SMSF. This is a mortgage controlled by the members of a super fund, which can be used to buy an investment property that produces rental income and capital growth. The money also goes towards retirement savings within your super fund.
If you have a super fund, you can access money for any purchase through your regular borrowing arrangements. If the purchase is an investment property, then you need to apply for a special SMSF loan from an approved lender. The good news is, you can get a loan to help you save - and we've got the details just below!