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Home loans
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Get confidence in house hunting
What is pre-approval?
Pre-approval (or conditional approval) is an agreement from a lender that you’re eligible to apply for a loan up to a certain amount. We assess your position so you can confidently put in an offer on the home of your dreams.
Know how much you can borrow so you can bid with confidence
Faster path to unconditional approval
Be seen as a serious buyer in the market
Apply for pre-approval when you’re ready to start house-hunting. Pre-approvals are good for 90 days and we can extend it for you if you need more time to search.
We’ll be in touch to help you through your home buying journey. Once you’ve found the property you want, our lending specialist team can easily help you turn your pre-approval into an unconditional approval. They’ll just need the contract of sale and we’ll arrange a property valuation.
Apply for pre-approval
What’s the difference?
Pre-approval vs unconditional approval
Just starting your house hunt? Get pre-approval until you’ve found the one. Once you’ve found the home you want, come back for unconditional approval to seal the deal.
Choose your loan product and repayments
Provide your personal history and circumstances
Assess your financials
Income, assets, liabilities and expenses
Contract of sale
Property valuation
Pre-approval application
Unconditional approval
Home loan eligibility
Let’s see if we’re a good match
You can have a max of 2 applicants. To be eligible, each applicant needs to:
be 18 years old or over
be an Australian or New Zealand citizen, or a permanent resident of Australia
live in Australia
be employed on a permanent, casual or contract basis (we don’t lend to self-employed individuals)
have a good credit rating (don’t worry, we’ll run the report for you)
be listed on the property title
be applying either individually, or jointly with their spouse or de facto partner that they currently live with or intend to live with after settlement in the same household (you won’t be able to apply with a sibling or parent).
Why choose a ubank home loan
Find a better rate
To help you save on your repayments and pay off your loan sooner
Pay down your loan faster
With offset accounts and unlimited repayments on some of our loans, you can reduce your repayments
Talk with a real person
Get help from a friendly member of our Australian-based team, 7 days a week
Get a quick decision
Apply online or talk to our specialists for a quick decision and easy application
We’re award winning
That’s a win for you too
Our customers reap the benefits of our award-winning home loans.
How to get a loan with us
Applying for a pre-approval is easy
1. See if we’re a good fit
Check you’re eligible for a ubank home loan
2. Apply online
You can apply online in 30 mins or talk with a lending specialist
3. Get a decision ASAP
If your application hits the mark, you’ll get an approval fast
4. Start home-hunting
Hit the open houses with full confidence in your finances
Ready to chat about buying?
Talk it over with one of our lending specialists.
Monday to Friday 9am-8pm, Sat and Sun 9am-6pm (Syd time)
Let's pass the mic to our lawyer
Read our Home Loan Terms.
Credit criteria, fees and charges apply. Applicants must live in Australia and meet eligibility requirements.
Home loan information and interest rates are subject to change.
1Comparison rates are calculated on a loan amount of $150,000 for a term of 25 years. These rates are for secured lending only.
WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
For a personalised comparison rate that applies to your proposed loan, see the Key facts sheet.
Comparison rates for variable interest only loans are based on an initial 5 year interest only period. Comparison rates for fixed interest only loans are based on an initial interest only period equal in length to the fixed period. Interest rates are applicable at the time of loan approval and are based on the loan to value ratio (LVR). The LVR is the amount of the loan compared to the property value expressed as a percentage.
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Apply with us today
Do it all from home with our simple digital loan application.
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