SuperEdge offers several key features designed to meet the unique needs of SMSF trustees:
- Flexible Repayment Options: Trustees can choose between principal and interest or interest-only repayments for up to five years, supported by a documented transition plan.
- Optional Offset Facility: An offset account is available to help manage cash flow while maintaining asset separation.
- Digital Broker Experience: The platform includes automated SMSF structure checks and document validation to reduce rework and improve turnaround times.
To ensure responsible lending, SuperEdge is available exclusively to corporate trustee structures, with a maximum loan-to-value ratio (LVR) of 80%. Additionally, SMSFs must have minimum net assets of $300,000 and maintain at least 10% liquid assets post-settlement.
AMP Bank's Group Executive, Sean O’Malley, emphasized the importance of providing trustees with competitive and transparent lending options as they build long-term wealth. He highlighted that SuperEdge is designed to offer more control, flexibility, and confidence to SMSF trustees approaching retirement.
For SMSF trustees considering property investment, SuperEdge presents a compelling option, combining practical features with a strong compliance framework to support long-term financial goals.
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
