Do you own property and hold a mortgage in your Self-Managed Super Fund?
If so, it might be a good idea to review your current interest rate. At Chan and Naylor Finance, we have had countless clients coming to us with existing Superfund lending products, paying upwards of 7%, 8%, and even well over 9% in interest. Some time ago, most lenders (especially the majors) pulled out of lending in this space and as such, they are not as willing to negotiate on their interest rates as they are with their standard consumer lending.
So, what can you do?
Despite most lenders no longer lending to Superfunds, we still have several other financiers who are willing to refinance your loan, with interest rates starting from 6.6%. If you have a $500,000 loan and are currently paying over 9%, this could equate to between $12,000 and $15,000 in savings in the first year alone.
If you’re not sure or need further guidance, you’re in luck because Chan and Naylor’s affiliated finance partners are ready to help. Email financepymble@chan-
Aaron Hickey
Mortgage Broker | Pymble
5/55 Grandview St, Pymble NSW 2073 Australia
P: 1300 306 868 | M: [0429 597 371]
E: [aaronh@chan-naylor.com.au]
Aaron Hickey is a credit representative number 495791 of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)
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