A broker approached Mortgage Street on behalf of a client determined to grow her retirement wealth through her SMSF. The borrower had built multiple income streams; two PAYG roles, directorships in profitable companies, and most importantly, a high-yield co-living rental model generating strong returns.The plan was ambitious: purchase a $900k+ residential property inside her SMSF with a 30-year term to maximise long-term growth.

The challenge? Most lenders hesitate when co-living income enters the picture, applying discounts or declining outright. Add in an SMSF structure involving a company trustee, a bare trust purchaser, and borrower as guarantor, and the file became even more complex. On top of this, her credit history showed multiple recent mortgage enquiries across several banks, all of which required careful clarification to avoid setbacks.

The Mortgage Street Difference

Mortgage Street partnered with the broker to unlock the deal and deliver settlement:

• Recognised co-living income in full: $90k+ p.a. rental appraisal accepted in servicing.
• Consolidated dual PAYG income alongside SMSF contributions.
• Verified director roles and company solvency with an accountant’s confirmation of profitable trading entities.
• Navigated multiple mortgage enquiries by documenting repayment conduct and clarifying non-proceeded applications.
• Structured the loan via the Bare Trust with SMSF trustee and guarantor, ensuring all compliance boxes were ticked.
• Approved at 80% LVR with no LMI, preserving the SMSF’s liquidity.
• Delivered an on-time settlement (July 2025), securing the high-yield property for the borrower’s retirement fund.

Why brokers turn to Mortgage Street

• Policy expertise in recognising co-living and non-standard rental income
• SMSF and multi-entity structuring support
• No postcode restrictions or arbitrary LVR haircuts
• Transparent servicing for PAYG, rental, and super contributions
• Broker-first partnership from scenario to settlement

Summary

•  $750k SMSF investment loan
•  80% LVR
•  30-year term, full-doc SMSF Optimax product
•  Structure: Bare Trust with SMSF trustee & guarantor
•  Borrower income: dual PAYG and $90k+ co-living rental
• Clear & strong credit file (score 900+) despite multiple enquiries
• Security: House & land in a category 2 postcode
•  Settlement: July 2025

By embracing co-living income and navigating SMSF structuring with care, Mortgage Street turned a complex file into a settlement success, giving the broker confidence and the borrower the foundation for future retirement wealth.

Compliance Notice

Prepared for accredited broker use only. Not for consumer distribution. Loan scenarios remain subject to full assessment and lending criteria.

For more information, contact the Mortgage Street team on 02 8059 6500 or [email protected].