Eastern Suburbs mortgage broker
Eastern Suburbs mortgage broker
A mortgage broker
who knows the Eastern Suburbs.
From a Maroubra apartment to a Vaucluse estate, what one lender will do is not what the next one will. We compare 35+ lenders and it costs you nothing.
35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
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.
Not sure where to start
with your home loan?
We compare 35+ mortgage lenders to help you find the right home loan before you start looking.
Client stories
How we helped
Three real situations, and what actually happened in each one.
The valuation nobody expected.
They wanted to pull equity out for a renovation, and their lender's valuation came back well under what they expected, leaving them about $90,000 short. Rather than accept that number, we took it to another lender whose valuation reflected what the place was actually worth. That released enough for the renovation with a buffer left over, and no lenders mortgage insurance to pay. Same house, same week, two very different valuations.
The guarantee they had forgotten.
Years earlier they had used Mum and Dad's home as security to buy their first place. They had built plenty of equity since and had no idea the guarantee was still sitting there. We refinanced the loan, released the parents' property from the mortgage, and brought the repayments down by $540 a month. The money mattered less than the phone call telling the parents their home was no longer tied to it.
Too late to refinance? No.
A couple in their early sixties assumed no bank would touch them because of their age. Age was never really the issue. It was showing a clear plan for how the loan gets repaid, and finding a lender whose policy fits that. We refinanced the home loan, rolled in two personal loans, and brought repayments down by $980 a month without stretching the loan term out. They went into retirement with a much steadier position.
These are past client stories, with details changed for privacy. Your own result depends on your situation and what the lender decides.
Start here
Find your local mortgage broker
Each page covers what that suburb sells, what lenders do there, and what deposit you are likely to need.
Bellevue Hill mortgage broker
Eastern Suburbs
Bondi mortgage broker
Eastern Suburbs
Coogee mortgage broker
Eastern Suburbs
Maroubra mortgage broker
Eastern Suburbs
Paddington mortgage broker
Eastern Suburbs
Randwick mortgage broker
Eastern Suburbs
Rose Bay mortgage broker
Eastern Suburbs
Vaucluse mortgage broker
Eastern Suburbs
Watsons Bay mortgage broker
Eastern Suburbs
Waverley mortgage broker
Eastern Suburbs
See all 220+ suburbs we cover, or find a mortgage broker near you.
Been told your equity
is not there?
A valuation is one lender's opinion, not a fact. We can take the same home to a different panel and see what comes back.
Free guides
What to know before you buy
Twelve free guides covering how an Eastern Suburbs purchase actually runs, from pre-approval to settlement.
Bank valuations
Lenders lend against the valuation, not the price you agreed to pay, and valuations differ.
Read the guide
Property valuation guide
What a valuer looks at, and why two lenders can land a long way apart on the same home.
Read the guide
Loan to value ratio
The number behind every deposit rule, every LMI bill and every equity release.
Read the guide
Lenders mortgage insurance
What LMI costs, who pays it, and the ways to avoid paying it at all.
Read the guide
Home loan pre-approval
What pre-approval covers, how long it holds, and why it is not formal approval.
Read the guide
Buying at auction
There is no cooling off once the hammer falls, so the finance has to be sorted first.
Read the guide
Private treaty sales
How a normal sale runs, where the cooling off period sits, and what you can push on.
Read the guide
Strata title apartments
What you own in a block, what the body corporate owns, and what lenders check.
Read the guide
Freestanding houses
What changes when you buy a terrace or a house on its own title.
Read the guide
Choosing a home loan
Fixed, variable, offset and redraw, and which of them suits what you are doing.
Read the guide
Picking the right place
How to judge a home beyond the photos, the street and the price guide.
Read the guide
Settlement day
What happens at the end, and everything that has to be ready before it.
Read the guide
What we do
Home loans for every Eastern Suburbs plan
First home
Learn more
Next home
Learn more
Investment property loans
Learn more
Refinancing
Learn more
No LMI loans
Learn more
Self employed home loans
Learn more
Guarantor loans
Learn more
Using your equity
Learn more
Building loans
Learn more
Bridging loans
Learn more
Debt consolidation
Learn more
SMSF loans
Learn more
See all home loan help at Buyvest, or read the free guides in the Loan Vault. This is general information only, not personal financial advice.
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 the Prince of Wales and UNSW precinct is full of them. The lists and the limits differ from one lender to the next, so it is worth checking where yours sits.
Home loans for
Bankers
Home loans for
Lawyers
Home loans for
Accountants
Home loans for
Auditors
Home loans for
Actuaries
Home loans for
Doctors
Home loans for
Dentists
Home loans for
Optometrists
Home loans for
Physiotherapists
Home loans for
Chiropractors
Home loans for
Psychologists
Home loans for
Osteopaths
Home loans for
Podiatrists
Home loans for
Pharmacists
Home loans for
Sonographers
Home loans for
Veterinarians
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
Free check
We work out what you can borrow across 35+ lenders, and which ones suit the suburb and the kind of place you are buying.
2
Get pre-approved
We get your file ready and send it to the lender most likely to say yes to you and to your building.
3
Settle, then stay in touch
We stay with you to settlement, then keep an eye on your rate after that.
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
Eastern Suburbs questions, answered
Why use a mortgage broker in the Eastern Suburbs?
The price range here runs from apartments in Maroubra and Randwick to harbourside homes in Vaucluse, and lenders do not treat both ends the same way. Valuations vary, large loans get looked at harder, and a policy that suits a Bondi unit may not suit a Paddington terrace. A bank can only show you its own 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.
What can I do if the valuation comes in low?
More than most people think. A valuation is one valuer's opinion on one day, ordered by one lender from one panel. Another lender uses a different panel and can land somewhere else entirely on the same property. You can also ask for a review if there is evidence the valuer missed, such as a recent sale in the same street or work done since the last sale. What you cannot do is argue the number with the lender who ordered it, which is why the second option usually gets further.
Can I get a second valuation on my home?
Not from the same lender, generally. But there is nothing stopping a different lender ordering their own, and that is often the practical route when a number comes back well under what the market says. It is worth doing before you give up on a renovation or an equity release. We can tell you which lenders are likely to value your type of property more closely to the market before you apply anywhere.
How do I release my parents from a family guarantee?
Once you have built enough equity in your own home, the guarantee usually is not needed any more, and it does not fall away by itself. Someone has to ask. It normally means refinancing or restructuring so the loan sits against your property alone, and a fresh valuation to prove the equity is there. Plenty of people carry a guarantee for years after it stopped serving any purpose. If your parents are still on your loan, it is worth checking.
Can I refinance a home loan in my 60s?
Often yes. Age on its own is not a reason to decline, and lenders are not permitted to treat it as one. What they do ask for is a credible plan for how the loan gets repaid, which might be superannuation, downsizing, other assets or continuing income. Different lenders take different views on that, and the one you already bank with may be the strictest. It is a policy question rather than an age question.
How much equity can I use for a renovation?
Usable equity is roughly 80% of what your home is worth today, less what you still owe. Go past 80% and lenders mortgage insurance usually comes back into it. For cosmetic work the money can normally come as a top up on your existing loan. Once you are changing the structure, most lenders want a construction loan instead, which releases funds in stages and needs a fixed price contract and council approval.
Do lenders treat beachside apartments differently?
Some do. Large blocks in Bondi, Coogee and Maroubra can count as high density with certain lenders, which caps how much they will lend. Small studios and one bedders can fall under a lender's minimum size. Buildings with a lot of short stay letting can also be treated differently, because the lender is looking at how easily the unit could be sold. The same apartment can be approved by one lender and declined by another.
Are big loans harder to get approved?
Not harder, but they are looked at more closely. Past certain loan sizes some lenders add extra checks, want more documentation, or apply their own internal limits. Others barely change their process. In a region where a single purchase can run into many millions, knowing which lenders are comfortable at what size saves weeks, and sometimes saves the deal.
Can I get an Eastern Suburbs 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, and the Prince of Wales and UNSW precinct means plenty of local buyers are on those lists. A family guarantor loan is another way to avoid it. We check every option across our panel before you commit to paying it.
How much does it cost to refinance a home loan?
Usually a few hundred dollars to around a thousand. Your current lender charges a discharge fee, there are government fees to move the mortgage, and the new lender may charge a settlement or valuation fee, though plenty waive them. If you are on a fixed rate there can be break costs, and those can be large, so they get checked first. The real question is whether the saving over the next couple of years clears the cost, and we work that out before you switch.
How long does a home loan pre-approval last?
Ninety days. That is the standard across lenders, and there is no such thing as a six month pre-approval whatever you may read elsewhere. If your search runs past it you can usually ask for an extension, but the lender reassesses your position rather than simply stamping it again. Each application is also a hard enquiry on your credit file, so scattering them across several lenders at once works against you.
Should I use my bank or a mortgage broker?
A bank can only offer its own loans, its own valuation panel and its own rules. If any one of those does not suit your property, you often find out after you have applied and paid for a valuation. A broker checks it against many lenders first. Buyvest compares 35+ lenders at $0 cost to you, and we tell you when switching is not worth it.
Your Eastern Suburbs mortgage broker
Your home loan. Made simple.
Free check. No pressure. More than 35 lenders compared at $0 cost to you.
Buyvest serves every suburb across the Eastern Suburbs: Bellevue Hill mortgage broker | Bondi mortgage broker | Coogee mortgage broker | Maroubra mortgage broker | Paddington mortgage broker | Randwick mortgage broker | Rose Bay mortgage broker | Vaucluse mortgage broker | Watsons Bay mortgage broker | Waverley mortgage broker