Get conditionally approved for a home loan

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With a conditional approval* on a home loan you can house hunt with confidence, knowing exactly how much you’ll be able to afford.

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Should I apply for conditional approval?

That’s completely up to you, although it’s a common practice here in New Zealand and can be helpful for first home buyers who may not know how much money they can borrow. However some people will wait until they’ve found a home they want to make an offer on, or have made an offer already. 

What does conditional approval mean?

Conditional approval means you’ve been approved as a borrower providing nothing changes for you, and the home you choose meets the loan provider’s lending conditions. This conditional approval tells sellers you’re a serious buyer – and if you want to bid at auction, conditional approval is a must-have, so please talk to Westpac first. 

A conditional approval from Westpac is valid for 90 days and renewing your conditional approval is easy too – just contact them when the expiry date is approaching.

With conditional approval on a loan you'll know what you can afford, giving you the ability to quickly make a decision once you've found a great property. 

Note: If you’re buying at auction and want to buy an apartment, Auckland investment property or a lifestyle block, talk to Westpac first as conditional approval may not cover some circumstances, and we may need some additional information from you.

Apply for conditional approval, or get some more help

If you’re ready to apply, great! You can apply online and could be conditionally approved within minutes (Westpac will still need to see the required supporting documents before you can get on with renovating or making a bid on a house). You can also get one of Westpac's Mobile Mortgage Managers to come and see you, or visit a branch.

Or if you’re not ready to apply but want to talk to Westpac about how they can help, simply click here to request a call back and they'll be in touch shortly. 

Looking for a low deposit home loan?

Check out deposit options to see how you may be able to get help from a Welcome Home Loan^, Family Springboard or more.



Presented to you by Westpac



*Conditional approval requires a credit check and confirmation of the details provided in your application. Other conditions may also apply depending on the nature of your application.

^Welcome Home Loan can only be used for the purchase of owner occupied properties (i.e. you must live in your new home). Income caps and regional loan caps apply. A Lenders Mortgage Insurance Premium applies. Welcome Home Loan and Westpac’s current home loan lending criteria and terms and conditions apply. An establishment charge may apply.

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