Refer to ^Comparison rate warning for important info.
3-year fixed rates are for new Investor Principal & Interest loans up to 80% LVR.
Application fees on variable rate
Kick off your application in as little as 10 minutes. A home loan specialist will call you by the next business day.
We’ll need some documents to verify your situation and we’ll also do a valuation on your property.
Before a loan is approved and we can make a formal offer, we need to assess your application.
We’ll send you a Contract Pack that contains all the legal documents we’ll need to settle your loan.
After you’ve returned all relevant documents, your settlement agent and ours will arrange for settlement.
Ready to get started?
Gold Award 2021
Best Variable Home Loan
Mozo Experts Choice
Low Cost Home Loan 2019-2021
Home Lender Bank of the Year 2020
CANSTAR Outstanding Value
Home Lender 2020 - 2021
Fixed Home Lender 2018 - 2021
Investment Home Lender 2020 - 2021
Overall, the process should take between 4 and 6 weeks to complete.
However, this depends on how quickly we receive all the relevant paperwork from you and the anticipated settlement periods (as determined by your solicitor or current lender if refinancing).
Along the way we’ll send you regular email updates confirming where you’re at and the next steps.
If you have a variable rate UHomeLoan with available credit, you can redraw funds at any time, with no fees by logging in to My UHomeLoan.
Once you’ve logged in, go to Payments > Redraw.
If you request a redraw through My UHomeLoan by 11am EST, the funds will be transferred to your nominated account within 3 business days.
FASTRefi® allows a refinanced home loan to be fast-tracked and completed within as little as a few days after formal loan approval.
We calculate an estimated figure that includes any known exit fees and discharge fees that your existing lender will charge, plus a safety “buffer” allowance to ensure we have enough funds to pay out your existing lender.
The estimated figure will be included within your total approved loan amount. This enables UBank to pay out your existing loan very quickly – typically within a few days after receipt of your returned signed documents.
FASTRefi® isn’t available to all applicants and we’ll confirm at assessment whether your current lender is set up to settle your loan that way.
If you’re not eligible for FASTRefi® then we’ll still be able to settle your UHomeLoan as quickly as possible.
We are part of the National Australia Bank. We’re developed and backed by the financial strength and global capabilities of NAB – one of Australia’s most established banks.
That said, our ideas, our people, our philosophy and our brand are uniquely UBank.