Maroubra mortgage broker
Maroubra mortgage broker
A mortgage broker
who knows Maroubra.
Home loans in Maroubra 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 Maroubra
Each one runs differently here, because unlike most of the east, houses actually change hands in volume, so the ladder from a unit to a house is real.
First home loans in Maroubra
Maroubra is where a lot of Eastern Suburbs first home buyers actually land, because the units here are more reachable than the beaches to the north. The Australian Government 5% Deposit Scheme comes with a property price cap in NSW, and many Maroubra units sit comfortably under it. Some jobs skip lenders mortgage insurance altogether, and a family guarantor loan is the other common way in. The first place here is often a real unit, not a distant hope of a house.
Buying your next home in Maroubra
Here the unit to house step is one you can actually take, because Maroubra houses trade in real numbers, unlike most beachside suburbs. Some people move up within Maroubra itself. Others keep the unit, rent it out and buy the family home in Matraville, Malabar or South Coogee. Selling first or buying first changes how the loan is built, and bridging finance covers the gap when the two settlements will not line up the way you hoped.
Investment property loans in Maroubra
Maroubra is a deep rental suburb, close to the beach and the hospital and university precinct, and unit yields here run close to 4%. Lenders count expected rent towards what you can afford, so that rent does real work in the assessment. Houses are the opposite, returning under 3%, which puts the weight back on your income. Keeping the new loan separate from the home loan matters for tax, so it is worth a word with your accountant early on.
Refinancing a Maroubra home loan
House values here have swung about lately, so the equity in your place may be different from what you assume, in either direction. That figure can fund a renovation, a deposit on the next purchase, or the release of a parent's home still sitting as security on your loan. A refinance is also the one moment the rate, the structure and the years left on the loan all get looked at together, which almost never happens if you leave the loan alone.
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 Maroubra unit with less than a 20% deposit, and some suit this market better than others. We can walk you through them before you start inspecting.
About Maroubra
What the 2035 market actually looks like
History of Maroubra
The name comes from an Aboriginal word said to mean like thunder, for the sound of the surf. Maroubra grew up around its beach, took off after the tram arrived early last century, and today mixes surf culture with a big, settled residential community around Maroubra Junction.
Maroubra property market
Unusually for the east, this is a genuine two sided market. Houses trade in real volume, roughly matched by unit sales, so the suburb works for families buying a home and for first buyers and investors chasing apartments. That balance is what makes the move up from a unit here actually possible.
Maroubra property prices
Houses sit near $2.8 million, more attainable than the beaches to the north, with around 257 sold in the past year. Units sit near $1.1 million and trade in similar numbers, about 265 in the same period. Unit yields run close to 4%, among the stronger in the east, while houses return under 3%.
Borrowing in Maroubra
On a house here you are often near, not far past, the loan size where lenders start adding their own checks, which keeps more options open than in the prestige suburbs. On a unit the building decides it, from walk ups to larger blocks with exposure caps. 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 Maroubra
Three real situations, all sorted out before the deposit was ever at risk.
Restructured to lift the borrowing.
He wanted an investment property in Maroubra and his borrowing capacity was the thing standing in the way. He also had a decent sum sitting in offset against his home. Simply using it as a deposit would not have moved his capacity much, so we restructured the lending around it, which lifted what he could borrow on the investment by a meaningful margin. There were tax angles to the structure, which he worked through with his accountant before anything was locked in.
Parents helped without handing over money.
A first home buyer had steady income but a thin deposit after years of renting near the beach. Their parents wanted to help and did not want to give away a large lump sum. We used a limited guarantee over part of the parents' equity, which meant no lenders mortgage insurance and no money changing hands. A few years on, once the loan had come down and the property had risen, the guarantee was released and the parents were off it completely.
A rate review that became a reset.
They came to us just wanting a sharper rate on their Maroubra home loan. Going through the file, we found they were paying for a couple of products they were not using and sitting with a lender that had not looked at their pricing in years. We consolidated it into a single loan and negotiated the rate down. Their repayment fell a long way on the rate alone, with the loan term left exactly where it was rather than stretched back out.
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 Maroubra 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 Maroubra for every plan
First home
Learn more
Next home
Learn more
Investment property
Learn more
Refinancing
Learn more
Construction loans
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Bridging loans
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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 the Randwick hospital and university precinct 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
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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
Maroubra 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 Maroubra?
Start with pre-approval, not with open homes. We go through your income, debts and deposit, work out what different lenders will count, and set your number before you fall for a place. Maroubra makes this a bit friendlier than the beaches to the north, because houses here trade in volume and units are more reachable, so more lenders stay in play. A house and a unit still suit different lenders. We compare 35+ lenders at $0 cost to you.
Why use a mortgage broker in Maroubra?
Because even in a more balanced market like Maroubra, lenders reach different answers on the same borrower. One prices a unit block differently, another assesses your income more generously, a third has a sharper rate this month. A single bank shows you one of those answers. A broker checks several before you commit. Brokers also carry a legal duty called the Best Interests Duty, which means we have to put your interests first.
How much deposit do I need for a first home in Maroubra?
Enough for 20% clears lenders mortgage insurance, and against Maroubra unit prices that target is within reach for far more buyers than it is up the coast. If you are not there yet, three routes open the door earlier. The Australian Government 5% Deposit Scheme, capped by property price in NSW, fits many units here. A family guarantor loan leans on your parents' equity instead of cash. And a handful of professions have the insurance waived outright. Worth mapping which of those apply to you.
Can I use the Australian Government 5% Deposit Scheme in Maroubra?
Often, yes, and Maroubra is one of the better Eastern Suburbs bets for it. The scheme lets eligible first home buyers purchase with a 5% deposit and no lenders mortgage insurance, and it covers units as well as houses. It comes with a property price cap in NSW, and a good share of Maroubra units sit under that line. The cap is measured against the contract price, not the listing guide, so we check the specific property alongside your eligibility.
Is it realistic to buy a house in Maroubra as a first home?
For most first buyers, still not in one move, because houses sit near $2.8 million. What makes Maroubra different from the beaches to the north is that houses actually trade in numbers, so the ladder is real rather than theoretical. Plenty of people start in a Maroubra unit, build equity as the suburb moves, and step up to a house here or in Matraville or Malabar later. We can map that path with real numbers so it is a plan, not a hope.
Can I upgrade from a Maroubra unit to a Maroubra house?
More realistically here than almost anywhere else in the east, because Maroubra houses change hands in real volume rather than trickling onto the market. Unit equity plus income gets some buyers there directly. Others keep the unit as an investment, let strong Maroubra rent help carry it, and buy the house nearby. The point is you are not waiting on a once a year listing. Knowing your borrowing number early lets you act when the right house comes up.
Can I buy the next home before the Maroubra one sells?
Yes, with bridging finance. It is short term borrowing secured over both properties that funds the new purchase while the old place is still on the market, with interest that usually accrues rather than being paid monthly, and it clears when the sale settles. Buying first suits you when the right family home appears and you do not want to lose it. Selling first gives you a fixed number to work with. We price both orders so you can choose on the figures.
Does a Maroubra investment property stack up on the rent?
On units, yes, better than the prestige suburbs. Yields here run close to 4%, the rental pool is deep thanks to the beach and the nearby hospital and university, and vacancies are short. Lenders count expected rent towards what you can borrow, so that rent does real work. Houses are the weaker yield play, returning under 3%, which shifts the weight to your income. Which lender assesses the file can move the borrowing answer a fair way on the same purchase.
When is it worth refinancing a Maroubra home loan?
A few triggers come up. House values here have moved around, so your equity may be higher than you think and able to fund a renovation or the next deposit. A fixed period ending is another. So is an interest only term on an investment loan about to switch to principal and interest, which lifts the repayment. And sometimes it is simply a stale rate. We compare what you hold 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 Maroubra the number can move quickly because the market has been lively, and different lenders' valuers do not always land on the same figure for the same home. That equity funds renovations, next purchases and investment deposits, so it is worth establishing properly rather than trusting a portal estimate.
Fixed, variable or split, and do I need an offset?
There is no answer that fits everyone. Fixed gives you a predictable repayment for a set term, at the cost of flexibility and possible break fees if you exit early. Variable moves with the market and lets you make extra repayments freely. A split takes some of each. An offset sits beside the loan as a savings account whose balance cuts your interest while staying available to spend. The right mix comes down to how your money actually moves month to month, which we walk through first.
Do lenders treat Maroubra apartments differently?
Some do. Larger blocks, particularly along the main roads and near the junction, can hit a lender's exposure cap where they already hold too many loans in one address. Older walk ups raise questions about the building rather than about you. Small studios can fall under minimum floor size rules. And a handful of older Eastern Suburbs buildings are company title, which many lenders restrict. The same unit can be approved by one lender and declined by another.
Can I get a Maroubra home loan if I am self employed?
Yes, and plenty of Maroubra buyers are tradies, contractors and business owners. Most lenders want two years of tax returns, some accept one, and a few work from business bank statements. What moves the number is the add backs, because depreciation, one off costs and extra super contributions can often be counted back as income. Lenders read the same set of financials differently, so which one sees your file can change what you are able to borrow.
What happens if the valuation comes in under the price?
A short valuation lands after you are already committed, since lenders only value once a contract is exchanged, and auctions offer no cooling off. Your first move is a second opinion: another lender runs a different valuation panel and can come back higher on the identical property, especially with recent comparable sales handed to them. If the number still holds, the shortfall is made up in cash on settlement day. That is why the cash buffer has to be sitting there before you sign.
Maroubra is a big surf and family suburb. Does that change anything for lenders?
Not the surf or the lifestyle, no. A lender cares about your income, your debts and your deposit, and about the specific property, not the suburb's character. Where it can matter slightly is the property type. A family house on a standard block is straightforward. A beachfront unit in a large investor heavy block can draw a few more questions. We look at the building alongside your finances so there are no surprises late in the process.
I live in Maroubra but I am buying somewhere else. Can you still help?
Absolutely, and it happens constantly. Maroubra locals buy first homes in Matraville or Kingsford, and Maroubra owners pick up investment properties clear across Sydney. The suburb on the contract shifts which lenders and rules apply, but not how we run the job for you. We meet by phone, Zoom or Teams, or we drive to you, on weeknights and weekends, no matter where the property turns out to be.
Your Maroubra mortgage broker
Your home loan.
Made simple.
Free check. No pressure. 35+ lenders compared at $0 cost to you.
Maroubra does not sit on its own. The coast runs north through Coogee to Coogee, Waverley and Bondi, and south through Malabar and Little Bay. Randwick sits just inland with the hospital and university, and Paddington is a short run towards the city. The harbour suburbs run out through Bellevue Hill, Rose Bay and Vaucluse to Watsons Bay. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.