Westmead mortgage broker

Westmead mortgage broker

A mortgage broker
who knows Westmead.

Home loans in Westmead 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 Westmead

Each one runs a little differently here, because Westmead is a health precinct, one of the largest in the country, an apartment market around the hospitals with houses on the edges.

First home loans in Westmead
There are two good paths here. Units sit well under the 5% Deposit Scheme cap, so a 5% deposit with no lenders mortgage insurance is realistic. And because this is a major hospital precinct, a lot of local buyers work in health, and several lenders waive the lenders mortgage insurance for eligible medical professionals, or lend up to 90 or 95% without it. Houses sit over the cap.
Buying your next home in Westmead
The step from a Westmead unit to a house is a real one, because the houses sit over the cap and trade thinly. Some upgrade to a house on the edges or a suburb over. Others keep the unit, rent it to precinct workers or students, and buy the house nearby. Selling first or buying first changes the loan, and bridging finance covers the gap.
Investment property loans in Westmead
One of Sydney's deepest rental markets, driven by tens of thousands of hospital, research and university workers and students on the doorstep. Lenders count expected rent towards what you can afford. A lot of the stock is new, so the building decides a lot, and a valuation at completion can differ from the price agreed. It pays to line the finance up early.
Refinancing a Westmead home loan
This is where most people find a quick win. As the precinct and the light rail are built out and your equity grows, what your place is worth may be 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 is also the time an interest only period ending on an investment unit gets sorted before the repayment jumps.

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 Westmead home with less than a 20% deposit. A unit can use the 5% Deposit Scheme, and if you work in health, several lenders waive the insurance for eligible medical professionals or lend up to 90 or 95% without it. We can work through which route fits before you start looking.

0426 002 202 Let's meet
About Westmead

What the 2145 market actually looks like

History of Westmead
Named for a homestead west of the meadows, it sits about twenty four kilometres west of the city and beside Parramatta, on the T1 and T5 lines with a Parramatta Light Rail stop. It is anchored by the Westmead Health and Innovation Precinct, one of the largest in the Southern Hemisphere, with Westmead Hospital, the Children's Hospital, private hospitals, research institutes and university campuses.
Westmead property market
An apartment market first, gathered around the precinct and the station, with older houses on the edges. Units trade far more often than houses, and a large workforce and student population keep the rental market deep and the pipeline of new apartments moving.
How we help in Westmead
This is a precinct of medical professionals and investors, so we know the two things that matter here. We check your profession against the panel, because several lenders waive the insurance for eligible medical roles, and we know which lenders handle new stock, tower exposure and a valuation at completion. We compare 35+ lenders at no cost to you and line the finance up early.
Borrowing in Westmead
Three conversations really. Units sit well under the 5% Deposit Scheme cap, so a 5% deposit with no lenders mortgage insurance is realistic. Houses sit above the cap. And if you work in health, and many here do, some lenders will waive the lenders mortgage insurance, or lend up to 90 or 95% without it. Send us the address, and your job, before you offer.

Whether it is a house or a unit, we know which lenders are comfortable with each, here and across Western Sydney.

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 Westmead, 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 Westmead

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

The doctor who skipped the LMI.

A doctor working in the Westmead precinct assumed they needed a 20% deposit to buy nearby. We checked their profession against our panel and found a lender who would lend to 90% with no lenders mortgage insurance for their role. They bought a Westmead unit with a smaller deposit, no insurance premium and no one else on the loan. The job you do can change the deposit you need.

The nurse near her shifts.

A nurse wanted to live close to the hospital and cut the commute, and a Westmead unit sat well under the government scheme cap. We checked her eligibility, and where her profession opened a lender who waived the insurance we used it, so she bought with a small deposit and no premium, a short walk from where she works.

The refinance that freed up the next deposit.

A couple who owned a Westmead unit wanted to buy a house without selling. We refinanced to a sharper rate and released the usable equity they had built, freeing up the deposit for the next purchase in the one application, and kept the two securities separate so the unit could become an investment. The new rate also cut the repayment on the unit they kept.

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 Westmead 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 Westmead 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.

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Your job matters

Home loans by profession

Some lenders drop lenders mortgage insurance for certain jobs, and lend a higher share of the price without it. 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

Westmead 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 Westmead?
Westmead gives a first home buyer two good paths. Units sit well under the 5% Deposit Scheme cap, so a 5% deposit with no lenders mortgage insurance is realistic. And because this is a major hospital precinct, if you work in health, several lenders will waive the lenders mortgage insurance for eligible medical professionals, or lend up to 90 or 95% without it. We look at your income, your deposit and what lenders will count, then get you pre-approved. We compare 35+ lenders at $0 cost to you.
Can I buy my next home in Westmead 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. Because houses in Westmead are few and sit over the cap, upgrading often means buying on the edges or a suburb over, so the two securities can sit apart. Buying first or selling first comes down to your position, so it is worth pricing both.
When is it worth refinancing a Westmead home loan?
This is where most people find a quick win. A fixed period ending is one trigger. So is an interest only period rolling over on an investment unit, a rate that has not been reviewed in years, or a guarantee over a parent's home still sitting there. As the precinct and the light rail are built out and your equity grows, what your place is worth 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, and they pair up well. A refinance lets you move to a lower rate and release equity in the one application. Usable equity is roughly 80% of what your place is worth today, less what you still owe. That freed up amount can fund a deposit on the next home or an investment. The catch is the valuation, which differs between lenders, and on a unit in a large tower it can be conservative, so the sharpest rate is not always the highest valuation. We weigh both together rather than chasing the rate alone.
Can I buy an investment property in Westmead 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. Westmead units rent strongly on precinct and student demand, so lenders count that expected rent, though how much they count, and how much they will lend in the building, varies by lender. 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, and shift workers at the hospitals use them a lot. 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 Westmead or beyond, distance changes nothing about how we work.
Can refinancing actually lower my repayments in Westmead?
It often can, and there is usually more than one lever. A sharper rate is the obvious one, but resetting the loan term, or dropping products and fees you are paying for and not using, can help too, and sometimes the biggest saving is simply moving off a rate that has drifted while you were not looking. We compare your current loan against the whole panel, and if the repayment comes down we show you exactly where the saving comes from, including the case where staying put is actually the better call.
Can I refinance to release equity for a renovation or the next purchase?
Yes, and it is one of the most common reasons people refinance. We release the usable equity you have built, broadly the current value less what you owe, and set it up to fund a renovation, a granny flat, a deposit on the next home or an investment. Because the amount depends on the valuation, and valuations differ between lenders, the lender with the sharpest rate is not always the one that frees up the most, so we weigh both together rather than chasing the rate alone.
Can I refinance to consolidate debts or restructure my loans?
Yes. Rolling a car loan, a personal loan or a couple of cards into the home loan can bring the total monthly cost down, because the home loan rate is usually far lower, and restructuring can also lift your borrowing capacity if a purchase is the next step. The thing to watch is the loan term, since spreading a short debt over a long loan can cost more over time even at a lower rate, so we structure it to avoid that and show you the numbers first.

Your Westmead 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

Westmead sits just west of the Parramatta CBD in Western Sydney, and it does not sit on its own. The Parramatta centre is one stop east, with Wentworthville and Toongabbie along the line, Northmead just north and Merrylands to the south. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.