Using Existing Super Fund to Secure a Loan (not SMSF)

Hi Everyone,

I'm a long time reader, first time poster. I am currently working through Steve's Property Apprenticeship course and it has popped a few questions in my head, mostly to do with the complexities of structures and finance. A particular question that's bugging me is, can I use my super as additional security in a loan. My situation is that My wife is studying I have 2 children under 3. I am in the military so have a pretty decent super balance, somewhere around $120k. The strategy I would like to use to use to invest, is renovating cheaper properties, In the area I am looking at most of these are in the order of say $250. I have currently saved about a 15% deposit and should be at a 25% deposit by the end of the year. The problem for me in securing finance is that I usually fail their serviceability checks due to my family and income situation.

So, if I was to default on my loan, is the lender able to recover funds from my super fund if they had to? is this a standard way to add to your serviceability?

I am sure there are others out there that have either looked in to this or potentially used it but I couldn't seem to google my way to an answer (everything was pertaining to SMSF which is a whole different issue).

Any help on the issue would be much appreciated.

Cheers,