Westpac Loan Approval Process
Complete the processing of your application.
Westpac loan approval process. You can initiate the process by filling out the bank s home loan form and requesting a callback. Then we finish processing your loan. However if you don t find a property within this period you can contact us to renew your approval in principle confirm that your financial circumstances haven t changed in order for the certificate to remain valid for a further 90 days.
The process from initial application to settlement varies in its time frame. We verify the documents you ve supplied such as your pay slips and bank statements. A westpac representative will get in touch with you within 24 hours.
Some customers receive in principle approval within a couple of days. Once an approval in principle is given it is valid for 90 days from when it is approved. We make a valuation of the property you re buying to make sure it s acceptable as the security for your home loan.
Our process started on 28th october and loan was approved on 25th nov 2020.
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