Many SMSF borrowers have stayed with the same lender for years and may now be paying rates that no longer compare with what’s available today.
Refinancing could improve their position, but SMSF loans have often been seen as complex, time-consuming and costly to move. With paperwork, servicing requirements and legal expenses to consider, many refinance opportunities remain untouched in brokers’ back books.
That means clients may be missing potential savings because their loan hasn’t been reviewed recently, while brokers may be missing a chance to reconnect, strengthen relationships and show the value of ongoing support.
Connective Complete’s SMSF EasyRefi process is designed to make eligible SMSF refinancing simpler for brokers and more rewarding for clients.
With rates from 6.94% p.a.*, EasyRefi uses a streamlined process and reduced document requirements to remove some of the friction traditionally associated with SMSF refinancing.
For eligible applications, no income documents are required, with assessment based on repayment history rather than full servicing. You can review your SMSF client portfolio, submit the EasyRefi document pack, and let us take care of the rest.
Independent legal advice is still required as part of the refinance process, and a copy of the original advice must be provided. But where the SMSF structure is unchanged and the original advice is available, your eligible clients may not need new legal advice, potentially saving thousands of dollars and weeks of time.
A refinance could help your eligible clients access a more competitive rate, reduce interest costs and keep more money working inside their super fund. They may also save around $1,500 in upfront legal costs, making refinancing an even stronger opportunity.
