Western Sydney mortgage broker
Western Sydney mortgage broker
A mortgage broker
who knows Western Sydney.
From a Mount Druitt house to a Parramatta tower, the deposit is where most people get stuck, and there are more ways around it than most are told. We compare more than 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 more than 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.
Still saving towards
a number that keeps moving?
There are several ways into the market with less than 20% down. We will tell you which ones you actually qualify for.
Client stories
How we helped
Three real situations, and what actually happened in each one.
They stopped chasing 20%.
A young couple had been saving for years and still felt behind, because the target kept moving as fast as they did. They had 5% and assumed that meant waiting. It turned out they were eligible for the government 5% deposit scheme, so they bought with the deposit they had and kept the rest of their savings for moving costs and a buffer. They stopped saving towards a number and started paying off a home instead.
Help from Mum and Dad, without the cash.
A first home buyer had steady income but a small deposit after years of rent. Their parents wanted to help and did not want to hand over a large sum. We used a limited guarantee against 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 moved, the guarantee was released and the parents were off it entirely.
Having 40% does not mean using 40%.
A buyer arrived with a 40% deposit expecting approval to be the whole conversation. The more useful question was how much of it to actually put in. After talking it through with their accountant they used 20%, which was enough to avoid mortgage insurance, and left the rest sitting in an offset account. Money in offset cuts the interest as though it had been paid off, while staying available as a buffer and as the deposit on the next place.
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.
Auburn mortgage broker
2144
Blacktown mortgage broker
2148
Constitution Hill mortgage broker
2145
Fairfield mortgage broker
2165
Granville mortgage broker
2142
Greystanes mortgage broker
2145
Guildford mortgage broker
2161
Lidcombe mortgage broker
2141
Merrylands mortgage broker
2160
Mount Druitt mortgage broker
2770
Northmead mortgage broker
2152
Parramatta mortgage broker
2150
Pendle Hill mortgage broker
2145
Rooty Hill mortgage broker
2766
Toongabbie mortgage broker
2146
Wentworthville mortgage broker
2145
Westmead mortgage broker
2145
Mortgage broker near me
All of Sydney
See all 220+ suburbs we cover across Sydney and NSW.
Could your parents help
without giving you money?
A limited guarantee uses part of their equity rather than their savings, and it comes off once you have built enough of your own.
Free guides
What to know before you buy
Twelve free guides covering how a Western Sydney purchase actually runs, from your first dollar saved to settlement.
Deposit options
The different ways people pull a deposit together, and what each one costs you.
Read the guide
Genuine savings
What lenders count as your own money towards a deposit, and what they will not.
Read the guide
Budgeting for a deposit
How to work out what you can actually put aside, and how long it will take.
Read the guide
Pathways to home ownership
The routes into your first place, including the ones most buyers never hear about.
Read the guide
First home buyer tips
The things worth knowing before you start looking, not after.
Read the guide
The first home buyer journey
What actually happens between pre-approval and picking up the keys.
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
Lenders mortgage insurance
What LMI costs, who pays it, and the ways to avoid paying it at all.
Read the guide
Loan to value ratio
The number that decides whether you pay LMI and how much you can borrow.
Read the guide
Bank valuations
Lenders lend against the valuation, not the price you agreed to pay.
Read the guide
Choosing a home loan
Fixed, variable, offset and redraw, and which of them suits what you are doing.
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 Western Sydney 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 more than 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 Westmead Health Precinct sits in the middle of the region. 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
Western Sydney questions, answered
Why use a mortgage broker in Western Sydney?
Because the deposit is where most people here get stuck, and there are more ways around it than one bank will ever show you. Government schemes, guarantor loans, professional waivers and lenders that price mortgage insurance very differently all sit on the same shelf, and no single bank offers all of them. A broker checks the lot before you settle for waiting another year. Brokers also have a legal duty called the Best Interests Duty, which means we have to put you first.
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. Housing Australia guarantees the gap between your deposit and 20%, so the lender treats the loan as covered. It is a guarantee, not a grant, and the government takes no share of your home. Not every lender is approved to write these loans, and the rules are reviewed from time to time, so we check what applies to you before you start looking.
How does a guarantor loan work?
A family member, usually a parent, offers part of the equity in their property as extra security for your loan. No money changes hands. They do not make your repayments. What it does is lift the lender's overall security position, which can remove lenders mortgage insurance entirely and let you buy with a much smaller deposit. Most are set up as a limited guarantee, meaning only a defined portion of their property is at risk rather than the whole thing.
When can my parents be released from the guarantee?
Once your own property has enough equity to stand on its own, which usually means the loan against it is at or under 80% of what it is worth. That happens through paying the loan down, the property going up, or both. It does not happen automatically. Someone has to ask, the lender will want a fresh valuation, and there is paperwork. Plenty of people carry a guarantee for years after it stopped being needed, so it is worth checking rather than assuming.
If I have a large deposit, should I use all of it?
Not always, and it is worth thinking about before settlement rather than after. Once you are past 20% you have already avoided lenders mortgage insurance, and every extra dollar you put in is a dollar you cannot easily get back. Money kept in an offset account reduces the interest exactly as if it had been paid off the loan, while remaining available as a buffer or as the deposit on your next place. Which suits you depends on your plans and your tax position, so it is a good conversation to have with your accountant.
What counts as genuine savings?
Most lenders want to see that part of your deposit was saved by you over time, usually at least three months in your own account. That rules out some things people assume will count. A cash gift often does not, though some lenders accept it if it has been sitting in your account long enough. Released super, tax refunds and inheritance are treated differently by different lenders. Rent paid on time can sometimes count in place of savings. It is one of the most common reasons an application stalls late.
What is LMI and when is it worth paying?
Lenders mortgage insurance is a one off cost you pay when you borrow more than 80% of what a place is worth. It protects the lender, not you. It is genuinely worth weighing rather than avoiding on principle, because waiting two more years to save the difference has its own cost if prices move in the meantime. Sometimes paying it makes sense, sometimes a guarantor or a scheme makes it unnecessary, and sometimes waiting is right. We show you the numbers on all three.
Can I get a Western Sydney home loan with no LMI?
You may be able to. Some lenders drop it completely for certain jobs, and with the Westmead Health Precinct in the middle of the region plenty of local buyers are on those lists. A family guarantor loan is another way to avoid it, and the government 5% deposit scheme removes it for eligible first home buyers. Three different routes to the same result, and which one fits depends on you rather than the property.
Do lenders treat Parramatta and Blacktown apartments differently?
Some do. Newer high rise around Parramatta, Westmead and Blacktown can count as high density with certain lenders, which caps how much they will lend on a unit there. Studios and small one bedders can fall under a lender's minimum size. Anything bought off the plan also carries the risk that the valuation at completion lands under the price you agreed to pay. The same unit can be approved by one lender and declined by another.
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 applying to several lenders at once works against you.
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.
Should I use my bank or a mortgage broker?
A bank can only offer its own loans and its own rules on deposits. If it does not write government scheme loans, or does not do guarantor loans the way you need, it will simply tell you to come back when you have saved more. That is not advice, it is a limitation. A broker knows which lenders do what. Buyvest compares more than 35 lenders at $0 cost to you.
Your Western Sydney 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 Western Sydney: Auburn mortgage broker | Blacktown mortgage broker | Constitution Hill mortgage broker | Fairfield mortgage broker | Granville mortgage broker | Greystanes mortgage broker | Guildford mortgage broker | Lidcombe mortgage broker | Merrylands mortgage broker | Mount Druitt mortgage broker | Northmead mortgage broker | Parramatta mortgage broker | Pendle Hill mortgage broker | Rooty Hill mortgage broker | Toongabbie mortgage broker | Wentworthville mortgage broker | Westmead mortgage broker