Demand for SMSF loans remains steady amid economic downturn
Despite the recent impact of COVID-19 on property markets, non-bank lenders continue to see steady demand for SMSF loan products, with some trustees looking to take advantage of lower property prices.
Thinktank director Per Amundsen said despite ATO data suggesting a levelling off in the number of new LRBAs after years of strong growth, non-bank lender Thinktank is continuing to see a consistent increase in demand for SMSF loan products as members search for more attractive investment options.
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