We'll help you understand the loan types, grants and incentives to get you into your First Home

Buying your first home is an exciting milestone, but it can also bring a lot of questions and decisions. At Wagstaff Finance, we specialise in assisting first home buyers across Brisbane, Toowoomba, wider Queensland, and Australia. Our team is dedicated to helping you access home loan options from banks and lenders across Australia, ensuring you find the best fit for your unique circumstances. Whether you’re considering a variable interest rate or a fixed interest rate, we’re here to guide you through the process with ease.

When buying your first home, understanding your financial situation is crucial. One of the first steps is checking your borrowing capacity. We help you assess your loan amount based on factors like your income, expenses, and credit history. This way, you can get a clear picture of what you can afford and avoid any surprises down the line. Our experts will guide you through the application process, helping you get pre-approved so you can make offers with confidence.

First home buyers should also consider the benefits available to them, such as first home owner grants (FHOG) and potential waivers on lenders mortgage insurance (LMI). Our team will check your eligibility to access these incentives, which can significantly reduce upfront costs. We'll also explore interest rate discounts that might be available to you, further easing your financial burden. Understanding the loan to value ratio (LVR) is another essential aspect, as it influences your interest rate and the requirement for LMI.

Navigating the property market in Australia requires a clear understanding of additional costs such as stamp duty. At Wagstaff Finance, we ensure you’re fully informed about these expenses and how they affect your overall budget. We also offer advice on setting up an offset account, which can help reduce the interest payable on your home loan over time.

The decision between a fixed interest rate and a variable interest rate is another consideration for first home buyers. Each option has its pros and cons, and our advisors provide insights into what might work best for your particular needs. For those considering future investments, understanding investment loan options is beneficial. We offer guidance on investment loan applications and help assess the potential of purchasing your first investment property.

Wagstaff Finance is committed to making the application process as seamless as possible. We provide a streamlined application process by assisting with gathering necessary documents like bank statements and ensuring all paperwork is completed accurately. Having access to banks and lenders nationwide means we can offer a wide range of options tailored to your needs.

Our goal at Wagstaff Finance is to support you in buying your first home with confidence. With our expertise and access to extensive home loan options from banks and lenders across Australia, we make the journey smoother. For those ready to take the next step, contact us today. Let us help you apply for a home loan that suits your needs and start this exciting new chapter in your life with assurance and peace of mind.

Our Process

1.Initial Meeting

We’ll talk about your goals and what you want to do. We will explore how it all works - how much funding is required, how borrowing capacity works, and some of the Home Loan features that may be important to you.

2.Document Verification

You will receive a link to our online portal so you can easily provide us your information. We will also request the documents we need to verify your income, assets and other financial information.

3.Game Plan Presentation

You’ll be presented with a personalised Game Plan with tailored solutions and recommendations to meet your goals and objectives.

4.Research & Advice Meeting

We’ll review credit policies, negotiate rates with lenders and come back to you with the analysis. During our Advice Meeting, we will talk through the options, our recommendation and the next steps.

5.Lodge your Application and Prepare for Signing

We’ll prepare the application with the chosen lender to package, sign and lodge your documents – and do the legwork to get the Home Loan approved.

6.Approval Moment

Congratulations! This is what we live for. We’ll let you know that everything has gone smoothly with your loan so you can pop the champagne. We will organise the signing of documents and next steps.

7.Settlement Day

This is the moment when everything goes through and your funds are released, or you are the proud owner of a new home. We’ll be there for youduring and after the settlement process to ensure everything is set up the way it should be.

8.Together for the Long Haul

We stay in touch regularly and are there to answer any questions you may have, and review your loan to ensure it still meets your requirements and is competitive.