Penshurst mortgage broker

Penshurst mortgage broker

A mortgage broker
who knows Penshurst.

Home loans in Penshurst 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 Penshurst

Each one runs a little differently here, because Penshurst is a leafy house suburb between Hurstville and Mortdale, with a pocket of units gathered around the station.

First home loans in Penshurst
Here the way in is usually a unit near the station, because Penshurst houses now sit above the first home scheme cap while units sit under it. The Australian Government 5% Deposit Scheme is set at a $1.5 million cap across Sydney, so a local unit can often be bought on a 5% deposit with no lenders mortgage insurance. A family guarantor loan or a professional insurance waiver are the other common routes into a house here.
Buying your next home in Penshurst
Penshurst is a settling suburb, the kind of place families move to for the park and the schools and then stay. The move is often a unit to a house, or a smaller house to a bigger block. Selling first or buying first changes how the loan is built, and bridging finance covers the gap when the order does not line up. A larger block with duplex or granny flat potential changes the numbers again.
Investment property loans in Penshurst
Houses here sit on a yield close to 2.5% while units return more, nearer 4.5%, so what you buy changes how the loan is assessed. On a house your own income carries most of it. Units near the station rent well, though the building matters too, because some lenders take a careful view of small or rail adjacent stock, so it is worth checking early.
Refinancing a Penshurst home loan
This is where most people find a quick win. Penshurst house values have moved a long way, so the equity in your place is often well past what you last checked. A refinance is the moment the rate, the structure and the years left all get looked at together, and it can fund a renovation, a duplex build, or release a parent's home used as security.

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 Penshurst home with less than a 20% deposit, and which ones are open to you depend on whether you are buying a house or a unit. We can work through it before you start looking.

0426 002 202 Let's meet
About Penshurst

What the 2222 market actually looks like

History of Penshurst
Named after Penshurst in Kent, it sits about seventeen kilometres south of the city on the Illawarra line, between the St George hub at Hurstville and Mortdale. The village shops line the station strip, and Penshurst Park on King Georges Road is the main green space and sporting ground.
Penshurst property market
A house suburb first, with apartments clustered near the station and the rail corridor. Most of what trades here is a freestanding or semi house on a decent block, which is what draws families, while the units offer a more affordable way into the postcode.
Penshurst property prices
Houses sit near $1.95 million on a gross yield around 2.5%, up strongly over the past year. Units sit near $740,000 on a stronger yield near 4.5%. Units change hands more often, the way they do all along this line, while the houses hold more of the value and come up less.
Borrowing in Penshurst
Two conversations, but weighted towards houses. On a house you are usually at a loan size where lenders start applying their own checks, and a King Georges Road frontage can move the valuation. On a unit near the line it is the building that decides it. Send us the address before you offer and we will tell you which one you are in.

Whether it is a house or a unit, we know which lenders are comfortable with each, here and across the St George area.

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.

0426 002 202 Let's meet
Your broker

Meet Ali Hasani

Ali Hasani, mortgage broker for Penshurst, based in Ryde

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.

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.

0426 002 202 Let's meet
Client stories

How we helped in Penshurst

Three real situations, all of them about closing a gap that looked too wide.

Kept the unit, bought the house.

A couple in a unit near the station wanted a Penshurst house and assumed selling was the only way to get there. Their equity and their income said otherwise. We released equity from the unit for the deposit, kept the two securities separate so the properties were not tied together, and set the borrowing up so each purpose sat on its own. They rented the unit out and bought the house. Because how debt is split affects tax, we worked through it with their accountant first.

The pay rise the bank ignored.

He had moved to a better paid role but his own bank kept assessing him on last year's figures, which capped what it would lend for the Penshurst house he wanted. We took the file to a lender whose policy recognised the current income sooner, which lifted his borrowing enough to buy. Same person, same payslip, a different lender reading it.

A rate that had drifted.

They had been in the same home loan for years and never looked at it again, and the rate had quietly drifted well above what was on offer. We compared it against the panel, moved lenders, and brought the repayment down without stretching the loan term out. Nothing about their situation had changed. The rate simply had, and no one had told 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 Penshurst 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 Penshurst for every 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 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.

0426 002 202 Let's meet
Your job matters

Home loans by profession

Some lenders drop lenders mortgage insurance for certain jobs, and St George Hospital in Kogarah is a short drive 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
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

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."
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

Penshurst 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 buy my first home in Penshurst?
In Penshurst the way in is usually a unit near the station, because houses here now sit above the first home scheme cap while units sit under it. We look at your income, your debts and your deposit, work out what lenders will count, then get you pre-approved. The Australian Government 5% Deposit Scheme is $1.5 million across Sydney, so a Penshurst unit can often be bought on a 5% deposit with no lenders mortgage insurance. For a house, a family guarantor loan or a professional waiver is usually the route. We compare 35+ lenders at $0 cost to you.
Can I buy my next home in Penshurst before my current one sells?
Yes, with bridging finance. It is short term borrowing secured over both properties that funds the purchase while the old place is still on the market, and the interest usually builds up rather than being paid each month. It ends when the sale settles. Penshurst is a common upgrade suburb, so this comes up a lot. Buying first suits a thin market where the right house is rare; selling first means you know your number before you bid. It is worth pricing both.
When is it worth refinancing a Penshurst home loan?
This is where most people find a quick win. A fixed period ending is one trigger. So is a rate that has not been looked at in years, or a guarantee over a parent's home still sitting there long after it was needed. Penshurst house values have moved, so the equity in your place may be well past what you think. We compare what you have now against 35+ lenders and show you both answers, including the one where staying put comes out ahead.
Can I refinance to a sharper rate and unlock equity at the same time?
Often, yes. A refinance is the natural moment to move to a lower rate and release some of the equity you have built, in the one application. Usable equity is roughly 80% of what your place is worth today, less what you still owe. On a Penshurst house that can be a large number. The catch is the valuation, which differs between lenders, so the lender with the sharpest rate is not always the one that values your home highest. We weigh both together rather than chasing the rate alone.
Can I buy an investment property in Penshurst using equity instead of cash?
Yes, and it is one of the most common reasons people call us. Instead of a cash deposit, we release equity from a property you already own and use that as the deposit and costs on the investment, keeping the two securities separate so the properties are not tied together. Units near the Penshurst line rent well, and lenders count that expected rent towards what you can afford. How the borrowing is split affects tax, so run that part past your accountant.
Do you offer digital appointments and evening or weekend meetings?
Yes. We meet by phone, Zoom and Teams, and we can come to you as well. Appointments run in the evenings and on weekends, not just business hours, so the whole loan can be done around work without taking a day off. You can send documents through securely and sign electronically, so wherever you are in Penshurst or beyond, distance changes nothing about how we work.
Can refinancing actually lower my monthly repayments?
It often can, and there is usually more than one lever. A sharper rate is the obvious one. Resetting the loan term can bring the monthly figure down as well, though it stretches the loan out, so we show you what that trade costs over time. Dropping products or fees you are paying for and not using helps too. We compare your current loan against 35+ lenders, and if the repayment comes down we show you exactly where the saving comes from.
Can I refinance to fund a renovation, a duplex or a granny flat?
Yes, and on Penshurst's larger blocks this is a common reason to refinance. Releasing equity from the home can fund a renovation, a granny flat, or the early costs of a duplex build, often more cheaply than a separate loan. A construction or staged facility may suit a bigger build, drawing down as the work is done. We look at the equity you have, what the finished value is likely to be, and structure the borrowing so the rate and the works sit in one place rather than bolted on later.
Can I refinance to release a family guarantee over my parents' home?
Usually, yes, once enough equity has built up. Plenty of people bought their first place with a parent's home as security and never revisited it. As your property rises in value and the balance comes down, you often reach the point where the guarantee is no longer needed. We refinance the loan, release the parents' property from the mortgage, and can look at the rate and structure at the same time. Penshurst values have moved, so it is worth checking where an old guarantee stands.

Your Penshurst mortgage broker
Your home loan.
Made simple.

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

0426 002 202 Let's meet

Penshurst sits on the St George line between the hub at Hurstville and Mortdale, with leafy Oatley just beyond, and it does not sit on its own. Kogarah with its hospital is a few minutes north, and down toward the bay sit Bexley, Brighton-le-Sands, Monterey and Sans Souci. Nearer the airport are Rockdale, Arncliffe and Wolli Creek. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.