Building a house is one of the biggest investments that people make. It is a daunting task to undertake and can be very stressful. There are many factors that need to be considered before deciding on where to live, what type of house to build, and what the budget will be.

The first step in finding the right property is to decide what you are looking for. Do you want a house, an apartment, or a condo? Do you want to live in the city or the suburbs? Do you want to rent or buy?

Before you take on this biggest expense in your life, check out the five things you need to prepare before you build your new home.

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!