Sutherland Shire
All the Shire suburbs we cover.
Mortgage Broker in Sylvania
Sylvania Waters' canals and the Georges River foreshore make waterfront homes a big part of this suburb, and seawalls, pontoons and valuations all matter when you borrow against them.
LNB Finance is a mortgage broker serving Sylvania, Sylvania Waters and Kangaroo Point. We compare more than 60 lenders and check how the property will be valued and insured before you commit, and in the usual case our service costs you nothing.
Sylvania is the northern gateway to the Sutherland Shire, linked to Blakehurst by Tom Uglys Bridge, with Southgate shopping centre at its heart. Sylvania Waters is a canal estate, and townhouse and villa complexes sit alongside houses on the streets toward Miranda and Caringbah.
Canal and waterfront homes
Seawalls and pontoons. Their condition matters. Repairs can be expensive, a standard building inspection may exclude them, and some structures over the water need separate approvals. Arrange a specialist inspection if the report leaves them out.
Valuations. Waterfront homes have fewer close comparable sales, so two lenders' valuers can reach different figures. On a larger loan, some lenders also cap the loan-to-value ratio lower.
Insurance. Get a building insurance quote before you exchange, because the lender will need a policy in place at settlement.
Townhouses and villas
Complexes may be strata or community title. Read the scheme's records for levies, the capital works fund and any planned works, because special levies after settlement come out of your budget, not the lender's. Most lenders treat townhouses like houses for lending purposes, but small villa units can be assessed like apartments.
Refinancing and upgrading
If your fixed rate has ended, compare what you pay now with the refinance savings calculator. If you are moving onto the water from elsewhere in the Shire, you may need to buy before you sell; see bridging finance.
Common questions
No. The valuer notes the property's condition but does not inspect structures in detail. A specialist inspection protects you from repair costs after you buy.
Usually, for larger townhouses. Small villa units in a complex may be assessed more like apartments, with size limits applying.
In the usual case no. The lender pays us on settlement, disclosed in our Credit Guide before you apply.
Buying or refinancing in Sylvania?
One conversation, more than 60 lenders compared, no fee to you in the usual case.
Related
Mortgage broker Oatley
Across the river, with its own waterfront.
Refinancing
Is your current loan still competitive?