Penrith mortgage broker

  • Commonwealth Bank Logo
  • ANZ logo
  • NAB logo
  • Westpac logo
  • Newcastle Permanent logo
  • People's Choice logo
  • Macquarie Bank logo
  • Bankwest logo
  • St. George Logo
  • ING logo
  • Bank of China logo
  • Me bank logo
  • Suncorp Bank logo
  • Firefighters Mutual Bank logo
  • Health Professional Bank logo
  • Teacher Mutual Bank Logo
  • Unibank Logo
  • Ubank logo
  • Granite bank logo
  • My state bank logo
  • Red Zed bank logo
  • Gateway bank logo
  • Better Mortgage Management logo
  • Own home logo
  • Firstmac bank logo
  • Resimac bank logo
  • Peppermoney bank logo
  • AMP bank logo
  • La trobe financial logo
  • Australian Military bank logo
  • Deposit Power bank logo
  • Connective select bank logo
  • Connective Advance bank logo
  • Connective Essentials bank logo
  • Connective Bridge bank logo
  • Connective Horizon bank logo

Penrith mortgage broker

A mortgage broker
who knows Penrith.

More people build here than anywhere else we cover, which makes construction lending the thing worth getting right. We compare 35+ lenders and it costs you nothing.

35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
Start here

Find your local mortgage broker

Centred on Penrith itself, the surrounding growth corridor runs through Jordan Springs, Glenmore Park and Cranebrook, where most of the new building happens. Closer in, Kingswood, Werrington, Werrington Downs and Cambridge Park lead towards St Marys, with Cambridge Gardens nearby. South of the centre, South Penrith and Jamisontown run towards Emu Plains and Regentville at the base of the mountains, with Mulgoa and Orchard Hills the acreage country further south, and Badgerys Creek out towards the new airport.

Not on the list? We've helped clients Sydney wide. See every suburb we cover.

Buying your first home
in Penrith?

We compare 35+ lenders, work out what you can borrow, and help you get pre-approved before you start looking.

0426 002 202 Let's meet
Your broker

Meet Ali Hasani

Ali Hasani, mortgage broker for Penrith

Founder & mortgage broker

MFAA
Member
Former CommBank
Lender
10 years
Experience

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.

Client stories

How we helped

Three real situations, and what actually happened in each one.

The drawdown schedule that finally matched the build.

Their first lender's drawdown stages did not line up with what the builder actually needed paid at each point, which meant the client was covering gaps out of pocket. We restructured the construction loan with a lender whose stage releases matched the build program, and the project ran without the client funding shortfalls.

Valued on the finished house, not the empty block.

They assumed their borrowing power was capped by the value of the land alone, because that was how a previous lender had approached it. A construction loan is valued on what the property will be worth once the work is finished. Once that was properly assessed, their borrowing capacity was considerably higher than they had planned around.

The land and build package one lender split awkwardly.

Buying land and building with a package deal, their first lender wanted two separate loan applications with two separate approvals, adding weeks and paperwork. We placed it with a lender who handled land and construction as one facility, and the whole thing settled as a single process.

These are past client stories, with details changed for privacy. Your own result depends on your situation and what the lender decides.

Time to refinance
your home loan?

We compare your current loan against 35+ lenders. If switching saves you money we will show you the numbers, and if it does not we will tell you that too.

0426 002 202 Let's meet
Free guides

What to know before you buy

Three free guides covering how a Penrith purchase actually runs, from pre-approval to settlement.

Buying land to build

How the loan works when you buy the block first and build after.
Read the guide

Home loan pre-approval

What it covers, and how long it lasts.
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 Penrith plan

First home
Learn more
Next home
Learn more
Refinancing
Learn more
Construction loans
Learn more

Not sure where to start? See what a mortgage broker actually does.

Ready to buy
your next home?

We work out the equity you already have, what it could buy, and whether you can buy before you sell.

0426 002 202 Let's meet
Your job matters

Home loans by profession

Some lenders drop lenders mortgage insurance for certain jobs. 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.

Property deposit
calculator

Work out the deposit you need for the area you are looking at.
Calculate

Mortgage repayment
calculator

See what your repayments look like at different rates.
Calculate

Home equity
calculator

See how much equity you could use in the home you own now.
Calculate
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."
Verified Google review
★★★★★
"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."
Verified Google review
★★★★★
"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."
Verified Google review
FAQ

Penrith questions, answered

Why use a mortgage broker in Penrith?
More people build here than anywhere else we cover, and construction lending has its own rules that catch people out if the wrong lender is on the file. A broker checks several lenders before you commit. Brokers also have a legal duty called the Best Interests Duty, which means we have to put you first.
How is a construction loan different from a standard home loan?
A construction loan releases funds in stages as the builder finishes each one, rather than as a lump sum at settlement, and you only pay interest on what has actually been drawn. It is valued on what the property will be worth once the work is finished rather than on the land as it stands.
What happens if the builder's payment schedule does not match the lender's drawdown stages?
You end up funding the gap yourself, which is the single most common problem in construction lending. Getting the drawdown schedule to line up with the builder's payment schedule before the first stage begins is most of the job.
Can I buy land and build with one loan, or do I need two?
Some lenders handle land and construction as a single facility, and some want two separate applications with two separate approvals. The second option adds time and paperwork, so it is worth checking which structure the lender you are considering actually offers.
Can I buy my first home with a 5% deposit?
If you are an eligible first home buyer, often yes. The Australian Government 5% Deposit Scheme lets you buy with a 5% deposit and pay no lenders mortgage insurance. Building comes with its own scheme rules, so we check what applies to you.
Do first home buyers pay stamp duty in NSW?
There are concessions for first home buyers below certain price levels, and if you are buying vacant land to build your first home, separate concession limits apply to the land value.
Can I get a home loan if I am self employed?
Yes. Most lenders want two years of tax returns, though some accept one year, and a few work from business bank statements instead. Depreciation, one off costs and super contributions can often be counted back as income.
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. Each application is also a hard enquiry on your credit file.
Should I use my bank or a mortgage broker?
A bank can only offer its own loans, its own construction terms and its own rules. If any one of those does not suit your build, you usually find out after you have signed the building contract. Buyvest compares 35+ lenders at $0 cost to you.

Your Penrith mortgage broker
Your home loan. Made simple.

Free check. No pressure. More than 35+ lenders compared at $0 cost to you.

0426 002 202 Let's meet