Mortgage Broker Coogee

We arrange pre-approval before the auction so you can bid with full confidence. Coogee auctions are competitive and move quickly. Once you win, settlement typically occurs within 42 days and we liaise with your conveyancer throughout to keep things on track.

Coogee has everything from older art deco blocks near the beach to new developments. Most lenders are fine with Coogee strata, but older buildings can cause issues if the sinking fund is low or there are outstanding repairs. We know which lenders are flexible on older buildings and which aren't.

Most buyers aim for 80% LVR to avoid Lenders Mortgage Insurance. All lenders will lend above 80% with LMI, and in some cases an LMI waiver special package may apply. For very high value properties above $7.5M, some lenders cap at 80%. We'll identify the right structure for your situation and budget.

Coogee consistently performs well for investors. Strong rental demand from young professionals and families, proximity to the CBD, and a diverse range of price points make it one of the Sydney Eastern Suburbs' most accessible investment markets. We structure investment loans to maximise your borrowing capacity and portfolio flexibility.

A 20% deposit on the median house price is close to $1 million once you add stamp duty. Not everyone gets there with savings alone. Some professions can borrow up to 95% without paying LMI, family guarantees can cover part of the deposit, and for upgraders the answer is often equity in an existing property. We'll work out which option suits you. There's more detail on our home loans page.

Quite possibly. A number of lenders waive LMI for certain professions, including doctors, lawyers and accountants, up to 95% of the property value. On a Coogee purchase that can be a saving of $100,000 or more. We arrange these regularly, so it's worth a conversation before you assume you need a 20% deposit. See specialist lending for more.

Yes, though realistically you're looking at units rather than houses. Depending on the price, you may also qualify for government schemes or stamp duty concessions. The caps change regularly, so checking what you're eligible for is the first thing we do. Start with our first home buyers page.

If you're comparing mortgage brokers in Coogee, ask them about the suburb. Shane lives and works here. He knows the buildings, the agents, and what properties are actually selling for. A bank can only offer you its own products. We compare more than 30 lenders and the service costs you nothing.

Our service is completely free to you. Lenders pay us a commission when your loan settles. There are no upfront costs, no hidden fees, and no obligation after an initial conversation.