Read on to learn more about some of Westpac’s key home loans and features.
Westpac is Australia’s first and oldest financial institution and has served more than 14 million customers. It’s one of the ‘big four' banks and is one of the largest home loan lenders in the country. The bank has branches all over the country and has home loan products suitable to nearly every type of home buyer and property investor.
Established in 1817, Westpac owns other large Australian banks such as RAMS, St. George, BankSA, and Bank of Melbourne. It also has operations overseas in New Zealand, Asia, and the United Kingdom.
As well as offering home loans, Westpac provides a wide array of banking products and services to personal and business customers, including car and personal loans, credit cards, superannuation, insurance and more.
Considering other lenders? Compare home loans with these low-rate offers for owner occupiers:
Westpac has a wide range of mortgages available for all sorts of borrowers, such as first-time home buyers, renovators, refinancers, and property investors. It offers variable-rate, fixed-rate, and split loans, and the option to make principal and interest, or interest-only repayments.
You can find a complete list of Westpac’s home loan interest rates here for:
Westpac offers flexible mortgage features to help meet your needs as a borrower, including:
A pre-approval can give you an indication of how much a lender is willing to let you borrow, helping your budgeting and house hunting. Westpac offers pre-approval for the majority of its loans and you can apply online, in a branch, or over the phone. You’ll need to provide details like:
To apply for a Westpac home loan, you need to make sure that you meet their eligibility criteria:
If you meet these eligibility criteria, you may submit your application by:
Applying for a Westpac mortgage may require you to submit certain documents such as: