$1.85M Commercial SMSF Purchase Approved with Alt Doc
Buying commercial property through an SMSF can become challenging when traditional lending policies don't align with the borrower's circumstances.
Assetline helped an SMSF purchase a commercial property by assessing the application under its flexible Alt Doc policy, providing a long-term lending solution tailored to the trustee's financial position.
The Scenario
The trustee of a Self-Managed Super Fund (SMSF) was looking to purchase a commercial property.
The borrowing entity had a strong investment strategy and a suitable property identified, however traditional income verification requirements limited the lending options available.
The borrower required a lender that understood both SMSF lending and the realities of self-employed income.
Why Traditional Lending Wasn't the Right Fit
Commercial SMSF lending often involves more than simply assessing the property.
Income structures, documentation requirements and SMSF borrowing rules can create additional complexity, particularly for self-employed trustees.
Rather than applying a one-size-fits-all assessment, the borrower required a lender capable of taking a practical approach to both SMSF lending and income verification.
The Assetline Solution
Assetline assessed the application under its Commercial SMSF Alt Doc policy, providing a long-term mortgage solution tailored to the borrower's circumstances.
The solution included:
Commercial SMSF mortgage
Alt Doc income verification
Commercial property purchase
Long-term loan structure
Flexible assessment
Property-backed lending
By considering the broader financial position rather than relying solely on traditional income verification, Assetline delivered a straightforward lending solution aligned with the trustee's investment objectives.
"Commercial SMSF lending requires more than policy knowledge. It requires understanding how trustees structure investments and applying lending solutions that reflect real-world circumstances."
Cassandra Vella
State Manager - NSW/ACT
Deal Snapshot
Loan Amount | $1.85 million |
Product | Horizon Mortgages |
Loan Purpose | Commercial Property Purchase |
Borrower | Self-Managed Super Fund |
Security | Commercial Property |
Income Verification | Alt Doc |
Loan Type | Commercial SMSF Loan |
Why This Structure Worked
The borrower had a clear investment strategy and suitable security.
The challenge wasn't the property—it was finding a lending solution that recognised the borrower's circumstances.
By combining Assetline's Commercial SMSF expertise with its flexible Alt Doc assessment, the borrower was able to proceed with a long-term commercial mortgage that aligned with their investment objectives.
Common SMSF Scenarios We Assist With
Assetline regularly helps brokers with:
Commercial SMSF purchases
Alt Doc SMSF loans
Self-employed SMSF borrowers
Commercial property acquisitions
Refinancing SMSF commercial loans
Accountant's Letter income verification
SMSF business premises purchases
Long-term commercial mortgages
Frequently Asked Questions
Can an SMSF borrow to purchase commercial property?
Yes. Eligible SMSFs may borrow to acquire commercial property through a compliant limited recourse borrowing arrangement (LRBA), subject to lending assessment and regulatory requirements.
Does Assetline offer Commercial SMSF loans?
Yes. Assetline offers long-term Commercial SMSF mortgage solutions for eligible borrowers purchasing or refinancing commercial property.
Can self-employed borrowers obtain an SMSF commercial loan?
Yes. Subject to assessment, Assetline can consider self-employed trustees using its flexible Alt Doc lending policy.
What income verification documents can be used?
Depending on the scenario, Assetline may consider an Accountant's Letter, BAS statements or other eligible Alt Doc income verification documents.
