Michael C.
Edith, NSW
31 Likes
6 Followers
6 Followers
Is the LVR the same for purchasing commercial property through a SMSF as it is via normal channels?
Responses
Michael. The short answer to your question is 'yes' the LVR for Commercial property will be different. The standard lending margin for SMSF's has reduced from 80% to 70% (residential properties) for many lenders.
In the Commercial space this could be down to around the 65% level, however for a Commercial deal, I would canvass a few different lenders to see what could be available for you.
If you would like to chat, please give me a call and we can talk through the options.
Best Regards
Ken Olds
Customers First Mortgages & Insurance.
1300 ASK KEN