Home Loans

Home Loan Launceston

Home Loan Bondi Junction

Why Choose Lagos Financial for Your Home Loan

Finding the right home loan isn’t just about securing finance – it’s about finding the right fit for your situation, your goals, and your future. At Lagos Financial, we do the heavy lifting so you don’t have to.

Here’s what sets us apart:

• 60+ lenders on our panel. We compare home loan products across more than 60 banks, credit unions, and non-bank lenders – from the major banks to specialist lenders you might not find on a comparison website. More choice means a better chance of finding the right rate and structure for you.
• Personalised service, not a call centre. When you work with Lagos Financial, you deal directly with Victor and his team – not a rotating roster of operators. Whether you’re based in Sydney, Launceston, or anywhere across Australia, you’ll get consistent, attentive support from people who actually know your file.
• Independent advice. We’re not tied to any single lender. Our job is to act in your best interests, not to push one product over another. That means honest recommendations based on your circumstances.
• No cost to you. Our services are free for home loan clients. Mortgage brokers are paid a commission by the lender once your loan settles – you pay nothing out of pocket for our advice, research, or application support.

Whether you’re buying your first home in Sydney’s eastern suburbs, investing in Launceston’s property market, or refinancing to unlock equity anywhere in between, we’re here to make the process straightforward.

Home Loan Types We Help With

We assist clients across a wide range of home loan scenarios – from first-time buyers to seasoned investors.

First Home Buyer Loans

Buying your first home is a major milestone, and there are more options available to you than you might think. Beyond finding a competitive loan, we’ll walk you through relevant government incentives including the First Home Owner Grant (FHOG), stamp duty concessions, and federal schemes such as the First Home Guarantee – enabling eligible buyers to purchase with as little as a 5% deposit without paying Lenders Mortgage Insurance. Eligibility rules vary between New South Wales and Tasmania, and we’ll make sure you claim everything you’re entitled to.

Upgrader & Next Home Loans

Moving into your next property often means managing the timing of selling and buying simultaneously. We help upgraders structure their finance to bridge the gap smoothly – including bridging finance where appropriate – so you can act with confidence rather than being rushed into decisions.

Refinancing

If your current loan is more than two years old, there’s a strong chance you’re paying more than you need to. Refinancing can lower your interest rate, unlock equity, consolidate debt, or simply get you onto a loan structure that suits where you are today. We’ll compare your current deal against the broader market and give you a clear picture of whether switching makes financial sense.

Investment Property Loans

Property investors have different needs to owner-occupiers – interest-only periods, portfolio lending, and the ability to use equity from existing properties all play a role. We work with investors at every stage, from those buying their first investment property to those building multi-property portfolios.

Construction Loans

Building a new home or undertaking a major renovation requires a different loan structure – typically a progressive drawdown facility that releases funds in stages as construction milestones are reached. We help you navigate the construction loan process and coordinate with your builder and lender to keep things on track.

Low-Doc & Alt-Doc Loans

Self-employed borrowers, contractors, and business owners don’t always have the standard two years of tax returns that traditional lenders require. Low-doc and alt-doc loan products are designed for exactly this scenario. We know which lenders work well with self-employed clients and how to present your application in the strongest possible light.

How It Works

Our process is designed to take the stress out of getting a home loan – from your first conversation through to settlement.

Step 1: Free Complimentary Assessment

We start with a no-obligation conversation to understand your situation – your income, assets, liabilities, goals, and timeline. This helps us identify which lenders and loan structures are the right fit before we approach anyone on your behalf. You can book this online, over the phone, or in person at our Bondi Junction or Launceston offices.

Step 2: Lender Comparison & Recommendation

Using our panel of 60+ lenders, we research and compare loan options suited to your profile. We present you with a clear recommendation, explain the trade-offs between options, and answer any questions – with no jargon and no pressure.

Step 3: Application & Approval

Once you’re happy with the recommended product, we prepare and lodge your application through our HAILO portal, manage all lender correspondence, and track your approval through to formal (unconditional) approval. We handle the back-and-forth so you can focus on the exciting part – finding your property.

Step 4: Settlement Support

Approval isn’t the finish line – settlement is. We stay with you through the settlement process, coordinating with your solicitor or conveyancer and the lender to make sure everything proceeds on schedule. After settlement, we remain available for ongoing support, rate reviews, and future lending needs.

Frequently Asked Questions

How much can I borrow?

Your borrowing capacity depends on several factors – your income (including any rental or secondary income), existing debts, living expenses, and the size of your deposit. Each lender calculates this differently, which is one reason having access to 60+ lenders matters – one lender’s maximum may differ significantly from another’s. The best way to get an accurate figure is to book a complimentary assessment, where we’ll run the numbers for your specific situation.

What deposit do I need?

Most lenders require a minimum deposit of 10–20% of the property’s purchase price. If your deposit is under 20%, you’ll typically be asked to pay Lenders Mortgage Insurance (LMI) – a one-off premium that protects the lender (not you) in the event of default. Some government schemes, such as the First Home Guarantee, allow eligible buyers to purchase with just 5% deposit and avoid LMI entirely. We’ll advise you on the most cost-effective path based on what you’ve saved.

Fixed vs variable – which is better?

Neither is universally better – it depends on your circumstances and risk tolerance. A fixed rate gives you certainty over repayments for a set period (typically 1–5 years), which can be valuable when budgeting tightly. A variable rate fluctuates with market conditions, giving you more flexibility (including extra repayments and redraw) but less predictability. Many borrowers choose a split loan – part fixed, part variable – to get the benefits of both. We’ll help you weigh up the options in the context of where rates are heading and what suits your lifestyle.

Does using a broker cost me anything?

No. For home loan clients, Lagos Financial’s services are completely free. Mortgage brokers receive a commission (called a trail commission and upfront commission) paid by the lender after your loan settles – this is standard industry practice and has no effect on your interest rate or loan terms. You receive independent advice, access to a wide lender panel, and end-to-end application support at no direct cost to you. We’re happy to explain how broker remuneration works in full – just ask.

How long does home loan approval take?

Timelines vary by lender, loan complexity, and how quickly supporting documents are provided. In general, you can expect conditional approval within 3–7 business days for a straightforward application, with formal (unconditional) approval following once the property is valued. Some lenders offer faster turnaround for pre-approvals. We’ll give you a realistic timeline upfront and actively chase your application to keep things moving.

Ready to Get Started?

Whether you’re just starting to think about buying or ready to act now, a complimentary assessment is the best first step. There’s no cost, no obligation, and no confusing jargon – just a clear picture of your options.

Book a Complimentary Assessment