Kellyville mortgage broker
Kellyville mortgage broker
A mortgage broker
who knows Kellyville.
Old semi rural blocks alongside modern estates, duplexes and granny flats, and lenders that treat two homes on one block very differently from each other. We compare 35+ lenders and it costs you nothing.
35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
About Kellyville
What the 2155 market actually looks like
History of Kellyville
Named for Hugh Kelly, an early publican on Windsor Road, and semi rural until the residential estates arrived from the 1960s. It grew steadily for decades and then rapidly once the Metro opened in 2019, with Kellyville Station drawing development around it. That history is why the streetscape jumps between large old blocks and tight modern subdivisions.
Kellyville property market
One of the largest suburbs in the Hills, with tens of thousands of residents and around a thousand streets. Housing runs from generous older blocks through to modern estate homes, duplexes, townhouses and a growing number of granny flats. Households average more than three people and most are couples with children. Listings are scarce and houses move quickly when they come up.
Kellyville property prices
Well into the millions for houses, with duplex halves and townhouses sitting below that. The spread within the suburb is wide, because an original block and a modern estate lot are very different propositions. Rents are low relative to what the properties cost, so this is a market people buy to live in rather than for the return.
Borrowing in Kellyville
The recurring question here is what happens when there are two homes on one block. A granny flat, a duplex not yet subdivided, or an older property with a second dwelling on it. Lenders differ sharply on whether they will fund those, how much they will advance, and whether they will count the second rent. That decides the lender before your income does.
Kellyville is one of the suburbs we cover across the Hills District, and the one where second dwellings come up most often.
Two homes
on one block?
Some lenders will not fund it, some lend less, and some count the second rent. It is worth knowing which before you offer.
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.
Bidding on
Saturday?
Houses here move quickly and there is no cooling off at auction. Get the number settled before you raise your hand.
Client stories
How we helped
Three real situations, and what actually happened in each one.
One property became two.
A growing family wanted a bigger home and assumed the current one had to be sold to pay for it. Once we ran the numbers it did not. We restructured the lending, used the equity they already held as the deposit, and set the loans up so the two properties stayed separate rather than tied together. Because holding a former home has tax consequences, they worked that side through with their accountant.
Only one lender allowed it.
The property had a second dwelling on the block, and their bank simply would not fund it. It was not their income or their deposit. Some lenders will not write two homes on one title at all, others cap how much of the value they will advance, and a smaller group are comfortable and will count part of the second rent. We found one that suited and the purchase settled.
They bid with a real number.
They came to us not knowing where to start, with an auction the following weekend. We went through the whole process, prepared the application properly and had pre-approval through the same day, then sent property reports so they could bid against real numbers rather than a guess. In a market where houses sell inside a month, being ready first is what makes it possible at all.
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 Kellyville 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 Kellyville 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 Kellyville house 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 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."
FAQ
Kellyville questions, answered
Why use a mortgage broker in Kellyville?
Because houses here sell quickly and lenders read the same application very differently. We compare 35+ of them at no cost to you, prepare the application so it holds together, and stay across it through to settlement. Finding out late that your lender says no is expensive in a market that moves. Brokers also have a legal duty called the Best Interests Duty.
How much deposit will I need?
A twenty per cent deposit avoids lenders mortgage insurance, and at Kellyville house prices that is a serious sum, though townhouses and duplex halves sit lower. Many buyers proceed with five or ten per cent and pay the insurance. Some occupations can skip it and a family guarantee can reduce it further. If you already own, equity generally replaces cash altogether.
Can I avoid lenders mortgage insurance?
There are four common routes. A twenty per cent deposit removes it. Certain professions qualify for a waiver with selected lenders. A family guarantee substitutes their equity for the deposit you do not have. And the Australian Government 5% Deposit Scheme removes it for eligible first home buyers under the price cap. Which of those is open to you depends on your circumstances.
Does the 5% Deposit Scheme work in Kellyville?
At the townhouse and duplex end it often does, provided the price sits under the scheme cap, while most houses here sit above it. The scheme lets an eligible first home buyer purchase with a 5% deposit and pay no lenders mortgage insurance, with Housing Australia guaranteeing the gap to 20%. It is a guarantee rather than a grant, and not every lender offers them.
How does a guarantor loan work?
A parent or close family member offers part of the equity in their property as additional security. They do not take on your repayments and no money moves. Most are structured as limited guarantees so only a defined portion is at stake. Once your borrowing has reduced enough against the value of your home, the guarantee can be released, though it needs to be requested.
Can I buy with a sibling or a friend?
People do it regularly here. The lending side is straightforward enough, and how you hold the title matters just as much. Joint tenants means the survivor takes the whole property automatically, while tenants in common gives each person a defined share. Either way you are each responsible for the entire loan rather than half of it, so a written agreement between you is worth having.
Do I need finance sorted before an auction?
Yes, and more than a rough sense of the number. There is no cooling off period at auction in New South Wales, so once the hammer falls you are committed and the deposit is payable immediately. You cannot pull out because a loan was declined. Pre-approval sets your ceiling, and the property itself is a separate question worth raising with us beforehand.
How long does pre-approval hold?
Around ninety days as a rule, and it can be renewed with updated payslips and statements. In a suburb where good houses are gone within a month, there is no time to begin an application after you find something, so having it in place first is worth more than chasing a marginally sharper rate. Each formal application also leaves a mark on your credit file.
What is an offset account?
An account linked to your home loan where the balance is subtracted from the loan before interest is worked out. Money in it lowers your interest while staying completely accessible. It suits households that hold a working balance across the month. Loans that include an offset sometimes carry a slightly higher rate or annual fee, so the balance you keep needs to make it worthwhile.
Offset versus redraw, what is the difference?
Offset money sits in your own account and never becomes part of the loan. Redraw money has already been paid into the loan as extra repayments, and the lender permits you to withdraw it under terms it can vary. Offset gives you cleaner control over your own funds. Redraw tends to come attached to simpler loans at a lower rate.
Should we fix the rate?
Fixing gives you a known repayment for an agreed period, which helps when the household budget is tight, and you lose out if rates fall. Variable moves with the market and normally keeps offset and unlimited extra repayments. Fixed loans usually cap extra repayments and can carry break costs on early exit. Which suits depends on your plans rather than on any general rule.
Can we fix part of it?
Yes, through a split loan, and most lenders allow it at no additional cost. Fixing one portion gives you certainty over part of the repayment, while the variable portion keeps an offset and free extra repayments. Families often use it when one income is predictable and the other varies. It is worth asking about, since it is rarely suggested first.
Interest only or principal and interest?
Principal and interest brings the balance down and costs less over the loan. Interest only keeps repayments lower for a period without reducing what you owe, so the balance is the same when the period ends and the repayment then rises. It is used far more on investment lending than on a family home. Investment lending has tax consequences your accountant should cover.
Can I make extra repayments?
On a variable loan, usually without any limit, and the benefit compounds because each extra dollar cuts the interest charged from that day on. Fixed loans commonly cap the extra you can pay each year and charge a fee beyond it. If you expect to pay more than the minimum, check that limit before fixing rather than afterwards.
When is refinancing worth doing?
Whenever a couple of years have gone by without comparing, because lenders price new customers better than existing ones and the gap widens without anyone mentioning it. Also worth looking when a fixed term ends, when your loan has come down under eighty per cent of the value, or when you want to release equity. If moving does not help, we will say so.
What are the costs of refinancing?
Generally a few hundred dollars to about a thousand. Your current lender charges a discharge fee, there are government fees to transfer the mortgage, and the new lender may charge settlement or valuation fees, though plenty waive them. Fixed rate break costs are checked first. If there is a second dwelling on the block, confirm the incoming lender accepts it before starting.
Does the loan term reset?
It does if nobody asks otherwise, because refinances default to a fresh thirty year term. That shrinks the monthly repayment and adds years of interest, and if you are seven years in you have handed those seven years back. Ask for the remaining term. No lender offers this on its own, so it needs requesting every single time.
Can we buy before we sell?
Yes, and it comes up constantly here because families move within the same few streets and the right house will not wait. Bridging finance covers the new purchase while the old property is on the market, with a maximum period set by the lender. Or, where the equity allows, you release it to fund the purchase and sell afterwards without a deadline.
Should we keep the first place and rent it out?
Worth pricing against selling before you decide. What matters is whether your income covers both loans once part of the rent is counted, and whether equity can be released without a sale. Keeping the two properties on separate securities protects your flexibility later. Holding a former home changes its tax treatment, so that side sits with your accountant.
How much equity can we access?
Broadly eighty per cent of what the property is worth now, less what you still owe, with lenders mortgage insurance generally returning beyond that. On an older Kellyville block the figure is often larger than owners assume, because values have moved a long way since the estates were first built. Servicing rather than equity is usually what sets the ceiling.
Can equity fund an investment purchase?
Yes. Instead of saving a second deposit, you release equity from your home to cover the deposit and costs on the investment, so nothing comes out of savings. That leaves two loans, one against each property. Rents here are low relative to prices, so many local owners deliberately buy their investment somewhere the rent stretches further.
There is a granny flat on the block. Does that matter?
It can, and it is not something to answer in general terms. Whether a lender will fund a property with a second dwelling, how much they will advance, and whether they will count any rent from it all differ between lenders and change over time. Send us the address before you make an offer and we will check it across the panel for you.
Do we have to come into an office?
No. Everything runs by phone, Zoom or Teams, with documents shared and signed electronically. For a family managing school runs and work, that is usually easier than finding a window to sit in an appointment. If you would rather meet in person we come to you, including evenings and weekends.
Bank or broker?
A bank can only offer its own loans under its own rules. If those rules exclude something about the property or read your income conservatively, that is the answer, and you find out after applying and paying for a valuation. That is too late when the auction is Saturday. We check 35+ lenders first, at $0 cost to you.
Your Kellyville mortgage broker
Your home loan.
Made simple.
Free check. No pressure. 35+ lenders compared at $0 cost to you.
Kellyville sits at the centre of the Hills growth corridor, so its neighbours ring it closely. North Kellyville and Bella Vista are next door, with Beaumont Hills and Rouse Hill north and Norwest and Castle Hill south east. Baulkham Hills and Winston Hills continue towards Parramatta. The acreage begins north and east at Nelson, Annangrove, Glenhaven and Kenthurst. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.