Before you apply

Interested in a home loan? There are some minimum requirements and guidelines to consider before beginning an application for a loan. Learn more.

Your basic requirements

• You are over 18 years of age
• You don't already own a home or land
• You're looking for a home to live in - not to rent out
• You are an Australian citizen or permanent resident
• You live in Western Australia and want to buy or build a home here

Applying on your own or with a partner

Me

• You will be fully responsible for your loan.
• Consider the size and type of the home you want. What about apartment living, or a unit?
• Think about what you need and what you can comfortably afford.
• This can be your starter home - doesn't need to be your forever home.
• If you have a partner who you live with, you'll need to apply as a couple so that we cover your expenses as a couple, making sure your loan is affordable.

Two of us

• If you both have an income, you may be able to increase your borrowing power.
• If you want to buy a home together, remember the seriousness of this commitment. You will each be separately and jointly responsible for the loan. It's a big step in a relationship!
  
• You will need to be very open about your debts and spending. Might need a few honest conversations.

What is affordable for your family

If you have a family you'll already know that children increase your household spending! We want to make sure your home loan is affordable and manageable for you.

• We use a basic household expense calculation based on the number of dependant children you have.
• Think carefully about any additional expenses you have for your family, including medical or school expenses. We'll need to know about those too.
• We'll also need to know about any children under the age of 18 who may not live with you.