What is pre-qualification?

The pre-qualification process is the step before pre-approval, and it will help estimate:

  • how much you could borrow
  • your stamp duty costs
  • your monthly repayments
  • any first home buyer incentives you may be eligible for.

Why pre-qualify?

Pre-qualification is a great first step if you want to find out your borrowing power, stamp duty costs, repayments and first home buyer incentives.    

Who can pre-qualify?

You can pre-qualify for an AMP Bank home loan if you are:

  • Over 18
  • An Australian or New Zealand citizen or permanent resident
  • Employed full-time, part-time, as a contractor or casual, or self-employed
  • Looking to borrow above $100,000
  • Seeking a home loan to purchase or refinance a residential property.

What is involved and what will you need?

Our simple pre-qualification process should take less than 10 minutes to complete.

To help you get started, have a think about and prepare the following:

  • How much you want to borrow and how much of a deposit you have (if you’re purchasing a new property)
  • Details of your income, monthly living expenses, property assets, savings and existing loan details (such as credit cards, personal loans, car loans or existing home loans)
  • The address of the property you're interested in, if you’ve seen one that you like. During the process, we’ll do some simple calculations and verify the address of the property

Once the form is complete, one of our home loan specialists will be in touch within two business days to talk you through the outcome and potential next steps.

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What you need to know

The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517.

It’s important to consider your circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Information including interest rates is subject to change without notice.

Any application is subject to AMP Bank’s approval. Terms and conditions apply and are available at amp.com.au/bankterms or 13 30 30. Fees and charges may be payable. Full details are available in the Fees and charges guide.

This information is provided by AMP Bank Limited. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice.

AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice

A target market determination for these products is available on our TMD page.