Bellevue Hill mortgage broker
Bellevue Hill mortgage broker
A mortgage broker
who knows Bellevue Hill.
Home loans in Bellevue Hill for your first home, your next home, an investment or a refinance. We compare 35+ lenders and it costs you nothing.
35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
What we help with
Four reasons people call us in Bellevue Hill
Each one runs differently here, because the loan sizes are larger and more than half the suburb is apartments.
First home loans in Bellevue Hill
Apartments are the way in, and Bellevue Hill has plenty, from art deco walk ups to newer blocks around Bellevue Road. The Australian Government 5% Deposit Scheme comes with a property price cap in NSW, and some Bellevue Hill units sit under it while others do not, so it comes down to the actual contract price. Some jobs skip lenders mortgage insurance altogether, and a family guarantor loan is the other common route in.
Buying your next home in Bellevue Hill
The step from a Bellevue Hill unit to a Bellevue Hill house is one of the widest in Sydney, so most people take it in stages. Some move to a bigger apartment or a semi nearby. Others keep the unit, rent it out and buy the house in Randwick or further out. Downsizers run the same trip in reverse, out of a big house into a quality unit. Selling first or buying first changes how the loan is built, and bridging covers the gap.
Investment property loans in Bellevue Hill
Lenders count expected rent towards what you can afford, so the yield matters. Bellevue Hill houses return around 1%, which leaves your own income carrying almost all of the assessment. Units return closer to 3% and do more of their own lifting. How the borrowing is split matters too, because keeping the new loan separate from the home loan keeps the picture clean later. That part touches tax, so ask your accountant early.
Refinancing a Bellevue Hill home loan
At Bellevue Hill loan sizes, a small rate difference is worth serious money every year, and plenty of loans here have not been repriced since they settled. Equity can fund a renovation, a deposit on the next purchase, or the release of a parent's home still tied to your loan as security. A refinance is also the moment the rate, the structure and the years left on the loan all get looked at again together.
Whichever one brought you here, the first conversation is the same. We look at where you are now, then show you what each lender on our panel would do with it.
Thinking about
your first home?
There are a few ways into a Bellevue Hill unit with less than a 20% deposit, and which ones are open to you depends on the building as much as your income. We can map it out before you start looking.
About Bellevue Hill
What the 2023 market actually looks like
History of Bellevue Hill
Early Irish settlers called it Vinegar Hill after the 1798 uprising back home. Governor Macquarie disliked that and chose Bellevue, French for beautiful view. Most of the suburb was once the Cooper family estate, carved into the streets you see today between 1912 and 1919.
Bellevue Hill property market
This is the most expensive house market in the country, yet more than half the suburb is apartments. Grand homes on Victoria Road and Kambala Road sit a few streets from art deco walk ups, so one postcode holds two markets that barely touch each other.
Bellevue Hill property prices
Houses sit around $11 to $12 million, the highest median in Australia, on a gross yield near 1%. Units sit near $1.6 million on a stronger yield. Roughly 70 houses changed hands last year against about 145 units, so most of what trades here is apartments.
Borrowing in Bellevue Hill
House purchases here sit well past the loan size where lenders trim how much of the price they will fund, and past where some stop altogether. On units the building decides it, with company title blocks and small studios treated differently. Send us the address before you offer.
Whether it is a house or a unit, we know which lenders are comfortable with each, here and across the Eastern Suburbs.
Ready for the
next home?
Selling first or buying first changes almost everything about the loan. We can map out every step of the journey.
Your broker
Meet Ali Hasani
Ali Hasani is the founder of Buyvest. He has worked in home loans for more than ten years, a lot of it at Commonwealth Bank. We meet clients face to face, or by phone, Zoom and Teams, at night and on weekends as well as work hours. We take your loan to 35+ lenders, compare the numbers, and show you the options. Ali is an MFAA accredited broker with a Diploma of Finance and Mortgage Broking Management and a Post Graduate in Accounting.
Looking at an
investment property?
Rent counts towards what you can borrow, and two lenders can land a long way apart on the same purchase.
Client stories
How we helped in Bellevue Hill
Three real situations, each one decided by which lender saw the file.
Two settlements, days apart.
They were moving from an apartment into a house and did not want to be without a home in between, or carry two loans longer than needed. We worked out their borrowing power as if the apartment had not yet sold, set up a short bridging loan to cover the overlap, and lined the two settlements up days apart. No rental in between, no double move, and the bridging debt closed the day the sale settled. The order of the two contracts did most of the work.
The sharpest rate was not the best loan.
He wanted a lower rate and money for a renovation. We put four options side by side. The lender with the sharpest rate valued his home well below another lender on our panel, which cut the equity he could reach. He chose the second lender, paid slightly more on the rate, and got far more usable equity out of the same house. His repayment still fell against the old loan, partly the rate and partly the term reset. On prestige property, the valuation is the deal.
A 40% deposit, used carefully.
A buyer arrived with a 40% deposit expecting approval to be the whole conversation. The more useful question was how much of it to actually put in. After working it through with their accountant they used 20%, enough to avoid lenders mortgage insurance, and parked the rest in an offset account against the loan. Same purchase, same approval, but the money stayed within reach instead of locked inside the property. Having a big deposit and using all of it are different decisions.
These are past client stories, with details changed for privacy. Your own result depends on your situation and what the lender decides.
Free guides
What to know before you buy
Three free guides covering how a Bellevue Hill purchase actually runs, from pre-approval to settlement.
Home loan pre-approval
What it covers, and how long it lasts.
Read the guide
Choosing a home loan
Fixed, variable, offset and redraw.
Read the guide
Settlement day
What has to be ready before then.
Read the guide
Read the free guides in the Loan Vault to know how the home buying process works in NSW.
What we do
Home loans in Bellevue Hill for every plan
First home
Learn more
Next home
Learn more
Investment property
Learn more
Refinancing
Learn more
Construction loans
Learn more
Bridging loans
Learn more
Guarantor loans
Learn more
No LMI and waived LMI
Learn more
Self employed home loans
Learn more
Not sure where to start? See what a Sydney mortgage broker does.
When did you last
check your rate?
We compare your current home loan against 35+ lenders. If a refinance saves you money we will show you the numbers, and if it does not we will tell you that too.
Your job matters
Home loans by profession
Some lenders drop lenders mortgage insurance for certain jobs, and Royal North Shore is a few minutes away. The lists and the limits differ from one lender to the next, so it is worth checking where yours sits.
Home loans for
Doctors
Learn more
Home loans for
Dentists
Learn more
Home loans for
Accountants
Learn more
Home loans for
Lawyers
Learn more
Not sure if your job is on a list? See No LMI and waived LMI home loans, or ask us and we will check every lender on our panel.
Plan ahead
Run the numbers
Free tools that show you where you stand right now.
How it works
Three steps to your loan
1
Financial health check
2
Get pre-approved
3
Settle, then stay in touch
Client reviews
5.0 ★★★★★ on Google
Reviews from clients across Sydney.
★★★★★
"Ali is an excellent broker who truly knows his numbers. He made the entire process of securing two investment loans incredibly smooth and stress-free. What really sets him apart is the valuable advice he provides not just about loans, but also about making safe and smart investments."
★★★★★
"Ali was very professional and was able to help with our complicated loans to refinance. He kept us up to date throughout the process and made sure my wife and I understood everything before signing and that we had no issues after settlement."
★★★★★
"Ali is our trusted advisor for many years. He responds swiftly and honestly. He is the best in working out options for loans. He goes above and beyond to get the best outcome for the customers."
FAQ
Bellevue Hill questions, answered
Buying your first home, buying your next home, buying an investment property, or refinancing the loan you already have. The questions that come up for each one.
How do I get a home loan in Bellevue Hill?
The order is the same as anywhere. We look at your income, your debts and your deposit, work out what lenders will count, then get you pre-approved so you know your number before you make an offer. What changes here is the size. A Bellevue Hill house needs a loan most lenders treat as a special case, with their own limits on how much of the price they will fund. A unit is judged on the building, from art deco walk ups to company title blocks. We compare 35+ lenders at $0 cost to you.
Why use a mortgage broker in Bellevue Hill?
Because the loans here are large enough that small differences become serious money. Two lenders can sit tens of thousands of dollars apart over a few years on the same Bellevue Hill loan, and their appetite for large lending and older buildings differs just as much. A bank shows you one answer. A broker checks several before you commit. Brokers also have a legal duty called the Best Interests Duty, which means we have to put you first.
How much deposit do I need for a first home in Bellevue Hill?
A 20% deposit avoids lenders mortgage insurance, and at Bellevue Hill house prices that rules houses out for almost every first home buyer, so the real conversation is about units. On a unit, 20% is still a big number but a reachable one. The Australian Government 5% Deposit Scheme comes with a property price cap in NSW, and some Bellevue Hill units sit under it. A family guarantor loan cuts the deposit a different way, and some professions skip the insurance entirely.
Can I use the Australian Government 5% Deposit Scheme in Bellevue Hill?
Sometimes. The scheme lets eligible first home buyers purchase with a 5% deposit and no lenders mortgage insurance, and it applies to units as well as houses. It comes with a property price cap in NSW, and Bellevue Hill units sit either side of that line, so it depends on the actual property rather than the suburb. The cap is checked against the contract price, not the listing guide. We can check your eligibility and the property in the same conversation.
Can I get a Bellevue Hill home loan with no LMI?
You may be able to. Lenders mortgage insurance is a one off cost you pay when you borrow more than 80% of what a place is worth. Some lenders drop it completely for certain jobs, including doctors, dentists, lawyers and accountants, and Bellevue Hill has no shortage of buyers on those lists. A family guarantor loan is another way around it. We check every option across our panel before you commit to paying it.
Can I upgrade from a Bellevue Hill unit to a Bellevue Hill house?
For most people the honest answer is not in one step, because the gap between the unit median and the house median here is the widest in the country. What we see instead is people moving to a larger apartment or a semi in the area, keeping the unit as an investment and buying the house in Randwick, Coogee or further out, or building equity across two properties first. Worth knowing your real number before you plan around it, and we can work it out quickly.
Can I buy the next home before the Bellevue Hill one sells?
Yes, with bridging finance. It is short term borrowing secured over both properties that funds the purchase while the old place is still on the market, and the interest usually builds up rather than being paid monthly. It ends when the sale settles. A lot of Bellevue Hill bridging is downsizers leaving a family home for a quality apartment, where buying first means you only move once. Selling first means you know your number before you bid. Worth pricing both ways.
How do lenders handle the loan sizes Bellevue Hill houses need?
Carefully. Past certain loan sizes, most lenders reduce how much of the price they will fund, some ask for two valuations, and a few simply stop. The lender that suits a $3 million loan is often not the lender that suits an $8 million one, and private lending enters the picture at the top end. None of this shows up on a comparison website, because it is policy rather than rate. It is exactly the ground a broker covers before you commit to a purchase.
Does a Bellevue Hill investment property stack up on the rent?
That depends what you buy. Lenders count expected rent towards what you can afford, so a house returning around 1% contributes very little and your own income carries the assessment. Units return closer to 3% and do more of their own lifting. A low yield does not make it a poor buy. It just means the loan has to be built around your income rather than around the rent, and which lender assesses it can move the answer a long way.
Can I get a Bellevue Hill home loan if I am self employed?
Yes. Most lenders want two years of tax returns, some accept one, and a few work from business bank statements instead. The bigger question is what gets added back, because depreciation, one off costs and extra super contributions can often be counted back as income. At Bellevue Hill loan sizes those add backs are worth a great deal, and lenders read the same set of financials very differently. Which lender sees your file matters more here than almost anywhere.
When is it worth refinancing a Bellevue Hill home loan?
More often than people check. At the loan sizes common here, even a small rate difference is worth real money every year, and loans that settled years ago are rarely still priced at the lender's sharpest offer. A fixed period ending is another trigger. So is a guarantee over a parent's home still sitting there long after it was needed. We compare what you have now against 35+ lenders and show you both answers, including the one where staying put wins.
How much equity can I use?
Usable equity is roughly 80% of what your place is worth today, less what you still owe. Go past 80% and lenders mortgage insurance usually comes back into it. In Bellevue Hill the bigger swing is the valuation itself, because on prestige property two lenders can value the same home a long way apart, and that difference lands straight in your usable equity. It is worth checking properly rather than guessing off a listing website.
Fixed, variable or split, and do I need an offset?
Fixed locks the rate for a set term, which makes repayments predictable but limits extra repayments and can bring break costs if you leave early. Variable moves with the market and is more flexible. A split puts part in each. An offset is a savings account linked to the loan, and the balance in it cuts the interest you are charged while staying yours to spend. Redraw is similar except the money sits inside the loan. Which mix suits you comes down to how you use your money day to day.
Do lenders treat Bellevue Hill apartments differently?
Some do, and the big local wrinkle is company title. A number of older Eastern Suburbs blocks are owned through shares in a company rather than strata title, and many lenders either lend less against them or not at all. Art deco walk ups raise questions about the building itself, and studios can fall under a lender's minimum floor size. The same apartment can be approved by one lender and declined by another, so check before you offer, not after.
What happens if the valuation comes in under the price?
You usually find out after you are committed, because a lender will not order a valuation on a purchase until there is an exchanged contract, and at auction there is no cooling off. Prestige property makes a shortfall more likely, because unusual homes have fewer comparable sales and valuers land further apart. If it comes in short, a different lender uses a different valuation panel and can return a different number on the same home. Failing that, the gap is covered in cash at settlement, so the buffer has to exist before you sign.
I live in Bellevue Hill but I am buying somewhere else. Can you still help?
Yes, and it happens all the time. Plenty of people rent an apartment in Bellevue Hill and buy their first place in Randwick, Maroubra or well beyond the east, and plenty of owners here buy investment properties in other parts of Sydney. We cover all of it, so the suburb you are buying in changes nothing about how we work. Phone, Zoom and Teams, or we come to you, evenings and weekends included.
Your Bellevue Hill mortgage broker
Your home loan.
Made simple.
Free check. No pressure. 35+ lenders compared at $0 cost to you.
Bellevue Hill does not sit on its own. The hill runs down to Double Bay and Point Piper on the harbour side, and into Bondi and Waverley towards the beach, with Bondi Junction and its trains a short walk from the southern end. Buyers who start here often look along the harbour at Rose Bay, Vaucluse and Watsons Bay, across at Paddington, or south to Randwick, Coogee and Maroubra where the price points change. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.
