Specialty lending

Using your self-managed superannuation fund (SMSF) to borrow funds can be a beneficial strategy for accumulating wealth within your superannuation. However, the application process can be complicated, and not all lenders play in this space. Furthermore, there are strict regulations governing what can and cannot be done with your superannuation funds, so it is advisable to partner with a team of experienced professionals who specialize in this area. 

Self-employment often results in irregular income streams. However, most lenders require two years of financial history to evaluate your borrowing capacity accurately. Since this historical data may not reflect your current income levels, opting for a low documentation loan can be a viable option. With this type of loan, alternative information is used to evaluate your income at the time of application. As a result, your borrowing potential may increase, and more lending options may become available to you. 

Past credit-related decisions can have a lasting impact on your lending options and restrict your choices. Most conventional lenders have stringent policies regarding your credit status. However, collaborating with MVM can provide access to our network of specialists who can help "clean up" your credit report or leverage lenders who are more lenient in this space. As a result, more lending opportunities may become available to you.