Home renovation loan
Renovating your home – where to start
From simple makeovers to major structural work, we're here to help you figure out your plans and explore how best to finance them.
- Answer a few questions about your renovation
- We’ll suggest some loan options for you
- Use our handy tools, articles, tips and FAQs
Not sure whether you want to renovate?
Should you renovate your home to rent out or live in – or sell and move somewhere better?
Do you have a home loan on this property?
Guides and tools for renovating
Frequently asked questions
If you’ve registered for redraw and are ahead on repayments, you can tap into your Available funds whenever you need.
Westpac App – tap your home loan account and tap Transfer to move funds to a Westpac account or Pay to transfer to another bank account.
Haven’t set up your redraw? Simply login to online banking to submit your request or print, sign and email a scanned copy (or hi-resolution photo) of our to firstname.lastname@example.org (no need to include a stamp from the bank). Redraw is subject to approval.
More on home improvement loans
Things you should know
Conditions, credit criteria, fees and charges apply. Residential lending is not available for Non-Australian Resident borrowers.
This information has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice. This includes any tax consequences arising from any promotions for investors and customers should seek independent advice on any taxation matters.
1Break costs on fixed loan prepayments and switching: customers can make total prepayments of up to $30,000 (cumulative) for fixed loans, without costs or fees applying. You may incur a break cost and administration fee if your prepayments exceed this threshold, or if at any time before the end of a fixed rate period you switch to another product, interest rate (fixed or variable) or repayment type.
Credit provided by Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.