Related: Loan types — SMSF · Non-bank FAQ · Download Product Guide (PDF)
What is an SMSF home loan from a non-bank lender?
An SMSF home loan finances acceptable residential property inside a self-managed super fund structure (trust borrower), subject to SIS Act / contribution and advice rules plus the lender’s credit policy. Brokers use specialist non-bank SMSF products when bank appetite, documentation, or structure does not fit. It is not a personal-name residential loan and it is not automatic approval.
What is Blue Whale Money SMSF?
Blue Whale Money SMSF is for trust borrowers, with Full Doc and Alt Doc pathways that evidence regular, verified superannuation contributions, plus member guarantees. Published maximums (May 2026 guide §13):
| Limit | Cap (guide) |
|---|---|
| Maximum LVR | 80% |
| Maximum loan amount | $3,500,000 |
| Maximum borrower exposure | $5,000,000 |
| Maximum loan term | 30 years |
| Documentation | Full Doc + Alt Doc (super contribution evidence) |
High-level policy notes (confirm before quoting): cash-out N/A; debt consolidation No; vacant land No; inner-city high-density Yes; arrears and discharged bankruptcy No; defaults printed as $1,500 paid; guarantees required from all members; for a new purchase, each member must obtain written financial advice; serviceability printed as NSR/DSCR 1.0x/1.2x; location Cat 1, 2 and 3.
Who does SMSF suit / not suit?
Suits: Brokers arranging SMSF residential purchase or refinance where members can evidence regular verified contributions and meet guarantee and advice requirements within 80% LVR and published loan/exposure caps.
Not for: Personal-name only borrowers (use Super Prime / Prime / Near Prime / Expat); vacant land SMSF; cash-out on this product; clients who cannot meet contribution-evidence or member-guarantee rules; commercial security (use Commercial).
Documents snapshot
- Evidence of regular, verified superannuation contributions (PAYG, self-employed Full Doc, or Alt Doc sources such as bank statements showing business revenue, accountant letter, ATO portal, or BAS per guide).
- Voluntary contributions only considered with 6 months of evidence (guide).
- Member guarantees and (for new purchase) written financial advice for each member.
- Alt Doc / contribution pathways are documentation options — not an approval promise.
Safer broker phrasing
- “SMSF trust product within published 80% LVR and guide caps”
- “Member guarantees and contribution evidence required see current Product Guide
- “Subject to full credit assessment and advice requirements on new purchase”
Do not say: guaranteed SMSF approval, invent rates, or mix another lender’s branding.
Next step
- Match the client on loan types — SMSF.
- Download the current Product Guide (PDF).
- Confirm accreditation and submit via Blue Whale Money (info@bwmoney.com.au).
Important: Criteria subject to change; definitive limits live in the Product Guide in force at submission (this article pins May 2026). Not a credit offer, pre-approval, or guarantee of approval. Blue Whale Money — Blue Whale Capital Pty Ltd, ABN 19 675 933 123. ACL 566116.
