Home loan pre-approval

Apply online for pre-approval in minutes

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.

Already found the one? Apply online or get in touch with us

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.

Pre-approval vs unconditional approval
Pre-approval applicationUnconditional approval
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

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 get a home loan with ubank?

  • Find a better rate

    To help you save on your repayments and pay off your loan sooner

  • pay off loan faster
    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

  • Stop watch icon
    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

Want to chat about pre-approval?

Talk it over with one of our lending specialists.

Monday to Friday 9am-8pm, Sat and Sun 9am – 6pm (Syd time)