How to apply
Here’s all you need to know from the initial online application through to settlement.
Searching for your dream home or to refinance, looking for approval in principle or ready to seal the deal, we’re here to help.
Apply for a home loan online and securely using your computer, mobile or tablet.
02 Approval in principle
Once we’ve reviewed your application, a home loan specialist will be in touch to discuss more details including your financial needs and objectives, monthly living expenses, assets, liabilities, income and employment details.
This call shouldn’t take more than 30 minutes, and after, we’ll be able to confirm if you’ve been approved in principle.
03 Verification and valuation
We’ll ask you to provide some documents so we can check the details you included in your application form. Don’t worry, it’s quick and easy – our Application Tracker lets you upload your documents securely. Please see our Checklist of the documents you may need to provide.
We’ll also carry out a valuation on your property during this stage.
Once we’ve checked your documents, and the valuation is completed, it’s time for our lending experts to have one final look at your loan application.
It’s official! Once everything is OK from our end, we’ll confirm your loan is approved and send you your Home Loan Contract Pack.
Once you’ve returned your signed Contract, we can arrange settlement through our agents.
Then – congratulations! Your new UHomeLoan is now up and running and it’s time to enjoy all the benefits (and savings) of having a home loan with UBank.
Whether you’re still searching for your dream home, looking for approval in principle, ready to seal the deal on a new property or cut ties with your current lender and refinance, we’re here to help.
Our UHomeLoan has some standard lending guidelines that you can review right now.
To qualify, you need to:
Need more information? Visit our FAQs on home loan eligibility.
To make the application process as quick and straightforward as possible, below is everything you can expect to provide when you apply.
If you’re an existing UBank customer, you will be prompted to enter your login details. Your basic personal details will prepopulate as you proceed through the form. It would be a good idea to check that all information in your Account under My Details is correct before you apply.
 If you’re completing the home loan application from a mobile/tablet device, you won’t need to provide these details online but we’ll ask for them down the track.
Current employment and employment history for the past 2 years.
UBank does not accept self-employed income that is earned from a trust or company.
This initial stage of the application process should take less than 30 minutes. You’ll receive an instant response with estimated repayments based on your requested loan.
Once you submit the form, one of our dedicated home loan specialists will contact you to discuss your application and let you know if you’re approved to proceed to the next stage.
When we’re assessing your application, we’ll ask you (both applicants if it’s a joint application) to supply us with a few documents to verify the information you provided in your application. You’ll upload these documents quickly and easily online via our Application tracker.
The documentation you will need to provide differs depending on whether you’re refinancing, borrowing for a new purchase or investing in property.
In general, you will need:
Follow the steps in our UHomeLoan document checklist that helps to make this stage of the process as simple and quick as possible.
After credit approval, you’ll receive a Contract Pack. We need you to review and sign the Contract Pack documents, and post it back to us within 21 days.
Need more information?
Or ready to apply?