Dural mortgage broker
Dural mortgage broker
A mortgage broker
who knows Dural.
Acreage held for decades, a great deal of equity sitting in the land, and owners weighing a second dwelling, a helping hand for the kids, or the move off the block. We compare 35+ lenders and it costs you nothing.
35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
About Dural
What the 2158 market actually looks like
History of Dural
Orchards and citrus groves from the earliest land grants, then nurseries, which the district is still known for. Old Northern Road has been the spine of it since the convict road builders pushed north. The suburb has grown steadily rather than in waves, and the rural zoning has kept the character intact while suburbs to the south filled in.
Dural property market
Lifestyle acreage, typically a couple of hectares up, with horse properties, hobby farms and working nurseries among them. There is also a band of standard residential blocks around Round Corner. The median age is mid forties, households average three people, and turnover is low. People who move here tend to stay, which keeps stock tight.
Dural property prices
Well into the millions, with the range driven by land area, how much of it is usable and what has been built on it. Rents are low relative to what the properties cost, which is normal where land value rather than rental demand sets the price. A suburb median blends acreage and standard blocks, so it describes neither well.
Borrowing in Dural
Most conversations here are about equity rather than a first purchase. What the land is actually worth to a lender, whether a second dwelling stacks up, how to help a child buy without damaging your own position, and how borrowing works as you approach retirement. Land size and zoning sit underneath all of it.
Dural is one of the suburbs we cover across the Hills District, and the one where the most equity is sitting in land rather than in a house.
Thinking about a
second dwelling?
What council allows and what a lender will fund are two questions. We work through the finance side once you know the first.
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.
Helping the kids
into a place?
A guarantee is not free and it is not permanent. Worth understanding what it does to your own borrowing before you sign.
Client stories
How we helped
Three real situations, and what actually happened in each one.
Their own lender still won.
They came to us expecting to refinance and we ran the comparison properly across the panel. Once the break costs, the discharge fee and the government charges were counted against the rate difference, moving did not stack up. We told them so and they stayed where they were. It is not the outcome anyone expects from a broker, and it was the right one. We check again when something changes.
No guarantor was needed.
They came in certain their parents would have to guarantee the loan, because they only had a ten per cent deposit. We looked at what they did for a living and worked through which lenders treat that profession differently. One waived the mortgage insurance altogether, so we wrote the loan without a guarantor at all. They bought with their savings intact and nobody put a second property on the line.
Clearing it changed the tier.
A study debt was quietly costing them more than the balance suggested, because it reduced the income counted as available and pushed them into a tier where the lender would advance less. Paying it out took them over the line for a much better arrangement, and the saving over the life of the loan was far larger than the debt itself. Nobody had ever put those two numbers side by side for them.
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 Dural 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 for every Dural 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 mortgage broker actually 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 at Dural prices that is a large sum. 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.
★★★★★
"Cannot recommend Ali highly enough. He made a complicated and daunting process incredibly easy, and continually went above and beyond. Would absolutely recommend him to everyone."
★★★★★
"Ali is super knowledgeable, reasonable and personable! He will be realistic with what is possible but always find you the best deal whilst making you feel looked after."
★★★★★
"Ali is a maestro with a wealth of experience in home lending business, mixed with excellent people skills. His professional and supportive approach is a safe pair of hands to work with to get the required funds for your goal in the property market."
FAQ
Dural questions, answered
Why use a mortgage broker in Dural?
Because one lender is one opinion. We put your situation in front of 35+ of them, compare what comes back and show you the numbers, at no cost to you. Most people here already own something, so the questions are usually about equity and structure rather than a first purchase. Brokers also carry a legal duty called the Best Interests Duty, so we have to put you first.
How much equity can I actually use?
The usual working figure is 80% of what the property is worth today, less the balance you still owe. Go beyond that and lenders mortgage insurance generally comes back into the picture. What surprises most Dural owners is that equity is rarely what stops them. Servicing does. So the more useful question is what your income supports, and that is the one we answer first.
Can I release equity without selling?
Yes, and it is one of the most common things we set up. You increase the borrowing against a property you already own and take the difference as funds, either as a lump sum for a defined purpose or as an available limit. It is a new loan assessment rather than a formality, so your income and commitments are looked at the same way as any application.
Can I use my equity to buy an investment property?
Yes. Instead of saving a fresh deposit, you draw equity from your existing property to cover the deposit and the costs on the next one. That leaves two loans, one secured by each property, and no cash out of your account. Whether it proceeds comes down to your income carrying both once part of the rent is counted. Investment lending has tax consequences, so involve your accountant early.
Why keep the two loans separate?
Because tying both properties to one lender for the same borrowing costs you flexibility. Every later request gets weighed against the whole arrangement, and selling or moving one property means unpicking the other. Keeping each property securing its own loan avoids that. It also keeps the investment borrowing clearly identifiable, which is what your accountant will want to see.
Can I still borrow if retirement is not far off?
Often, and lenders will want to understand how the loan is dealt with once you stop working. Superannuation, other assets or an intention to downsize are all answers people give. Some lenders shorten the term instead, which lifts the repayment. Raising it at the start rather than late in an assessment means we can go to the lenders whose approach suits your position.
What does guaranteeing my child loan involve?
You offer part of the equity in your property as additional security for their loan. You are not making their repayments and no money leaves your account. Most are limited guarantees, so a defined portion is involved rather than the whole house. It does tie up equity while it stands, which affects what you can borrow yourself, so it is worth understanding properly before signing.
Can a guarantee be taken off later?
Yes, once their own loan has come down far enough relative to what their property is worth, whether through repayments or growth. The part people miss is that no lender does this on its own. It stays in place until somebody asks, sometimes for years after it stopped being needed. If you guaranteed a loan a while back, it is worth checking where it sits now.
Is a gift better than a guarantee?
They fix different problems. A gift gives them a bigger deposit and leaves your property untouched, though the money is gone. A guarantee keeps your cash and puts part of your equity behind their loan until it is released. Lenders want a gift confirmed in writing as a genuine gift rather than a loan. Which suits depends on your own plans, and your accountant should have a look.
What is an offset account?
A transaction account linked to your loan, where the balance is netted against the loan for interest purposes. Hold money in it and you pay less interest, while the money stays yours and available. It suits people who carry a reasonable balance. Loans with an offset can carry a slightly higher rate or an annual fee, so it comes down to whether your balance justifies the difference.
Offset or redraw, which is better?
Offset keeps your money in a separate account you control, and the balance reduces the interest charged. Redraw is money already paid into the loan that the lender lets you pull back out, and the terms of that access can be tightened. Offset gives you more control. Redraw is often the cheaper option on a simpler loan where you do not expect to withdraw.
Should I fix or stay variable?
Fixing gives you a known repayment for a set period, and you give up the benefit if rates come down. Variable moves with the market and usually keeps an offset and unlimited extra repayments available. Fixed loans commonly cap extra repayments and can carry break costs if you exit early. There is no universally right answer, so it comes down to what you value and what you plan to do.
What is a split loan for?
It carves the borrowing into portions that can run on different rates or terms. Fixing part while leaving part variable is the usual reason, so you get some certainty and keep an offset on the rest. Splits also let you keep a particular portion on a shorter term. Most lenders allow it without charging extra, and it is worth asking for rather than waiting to be offered.
Interest only or principal and interest?
Principal and interest reduces the balance and costs less across the life of the loan. Interest only holds repayments down for a period without touching the balance, so the debt is unchanged when the period ends and the repayment steps up. It is used far more on investment lending than on a home. The tax side of that belongs with your accountant.
When is refinancing worth looking at?
Any time you have not compared in a couple of years, because lenders generally reserve their sharper pricing for new customers and the gap widens without anyone telling you. A fixed term ending is another natural point, as is wanting to draw equity. Sometimes the comparison shows staying where you are is the better outcome, and we will say so rather than push a change.
What does refinancing cost?
Generally a few hundred dollars up to about a thousand. There is a discharge fee from the lender you are leaving, government fees to move the mortgage, and occasionally a settlement or valuation fee from the incoming lender, though many waive those. Fixed rate break costs are checked first, since on a larger balance they can outweigh the saving entirely.
Will my loan term start again if I refinance?
Only if nobody asks otherwise. The default is a fresh thirty year term, which shrinks the monthly repayment and quietly adds years of interest. If you have already paid for twelve years, you have just handed those twelve years back. Ask for the remaining term instead. It matters more as retirement gets closer, because a reset term can run well past when you intend to stop working.
Can I buy the next place before selling this one?
Yes. Bridging finance covers the new purchase while the current property is still on the market, and the sale clears the bridge when it settles. Or, where you hold the equity, you release it to fund the purchase and sell afterwards with no deadline attached. Around Dural properties can take a while to find the right buyer, so the second route often sits more comfortably.
Should I keep the current place and rent it out?
It is worth pricing rather than deciding on feel. The test is whether your income supports both loans once part of the rent is counted, and whether you can release the equity you need without selling. Holding a former home also changes its tax position in ways that are worth understanding before you commit, so that conversation belongs with your accountant first.
How much of the rent will a lender count?
Not the full amount. Lenders count a portion of the expected rent to allow for vacancy, management and running costs, and they differ on how much. They also test the new loan at a rate above the one you will actually pay. Around here, rents are low compared with what properties cost, so the rent does less work in an assessment than owners tend to expect.
The property is acreage. Does that change anything?
It can, and general answers are not much help here. Land size, zoning, access and the way a valuer treats a larger holding all affect which lenders will look at a Dural property and how much they will advance, and every lender handles it differently. Those positions also change over time. Send us the address and we will check it across the panel before you make an offer.
Do we have to meet in person?
Not unless you want to. Everything can run over the phone, or by Zoom or Teams, with documents shared and signed electronically. Where a guarantee is involved and more than one household needs to understand what is being signed, getting everyone onto one call is usually easier than finding a date. If you would rather sit down together we come to you, evenings and weekends included.
What happens in a digital appointment?
We talk through where you are now and what you are trying to do, then ask for payslips or financials, statements and identification, which come through securely. From there we compare the panel and come back with the numbers and the choices. We stay across it through to settlement rather than handing you off after approval. Available weekday evenings until nine and on weekends.
Bank or broker?
A bank offers its own products under its own rules and has no reason to mention when a different lender would treat you better. We compare 35+ lenders, prepare the application properly and stay with it through to settlement, at $0 cost to you. On a Dural property that breadth matters more than usual, because the property itself narrows who can help.
Your Dural mortgage broker
Your home loan.
Made simple.
Free check. No pressure. 35+ lenders compared at $0 cost to you.
Dural sits along Old Northern Road where the acreage belt runs north from the Hills. Glenhaven is closest, with Middle Dural and Kenthurst either side and Glenorie further north. Castle Hill and Pennant Hills sit south, with Kellyville, North Kellyville and Norwest down the corridor and Annangrove and Nelson west. Baulkham Hills is further south again. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.