Westpac home loans come from Westpac Banking Corporation, Australia’s first bank and one of the four major banks. Westpac is also one of the lenders on the Ingram Financial panel. This page is a factual profile to help borrowers understand who Westpac is and where its home loans may fit. However, it is not a rating, an endorsement or a recommendation.
Westpac at a Glance
| Item | Detail |
|---|---|
| Lender type | Bank (authorised deposit-taking institution) |
| Owned by | Westpac Banking Corporation is a publicly listed company owned by its shareholders |
| Founded or established | 1817 as the Bank of New South Wales; renamed Westpac Banking Corporation in 1982 |
| Headquarters | Sydney |
| Regulated by | APRA as an ADI, and ASIC as a credit and financial services licensee |
| Listed on the ASX | Yes (ASX code WBC) |
| Home loans for | Owner-occupiers, investors, first home buyers, self-employed borrowers and refinancers |
We checked these details in September 2026 against Westpac’s own website and independent industry sources.
Ownership and History of Westpac
Westpac began in 1817 as the Bank of New South Wales, established under a charter from Governor Lachlan Macquarie. In fact, it is Australia’s first bank and its oldest company.
Later, in 1982, the Bank of New South Wales merged with the Commercial Bank of Australia and adopted the name Westpac Banking Corporation. Westpac’s head office is in Sydney, while its shares trade on the ASX under the code WBC.
Westpac Group operates several retail banking brands as well as Westpac itself. For example, it acquired the original Bank of Melbourne in 1997, merged with St.George Bank in 2008 (implemented on 1 December 2008), and in 2011 relaunched the Bank of Melbourne brand using St.George’s Victorian branch network. St.George and Bank of Melbourne are divisions of Westpac Banking Corporation rather than separately licensed banks.
Where Westpac Home Loans May Suit
Overall, based on what Westpac publishes and what independent sources confirm, Westpac home loans may suit:
- Self-employed borrowers. Westpac offers the same home loans to self-employed applicants as to salary earners, with simplified assessment options. For instance, in July 2025 it introduced a one-year income assessment option alongside its standard two-year assessment, subject to eligibility and lender criteria. See our self-employed home loans page.
- Eligible healthcare professionals. Westpac publishes a lenders mortgage insurance (LMI) waiver for eligible registered nurses, midwives, medical practitioners and a range of allied health professions, with a 10% deposit in some circumstances and subject to income and registration criteria. Our home loans for medical professionals page explains how these waivers work.
- First home buyers and buyers with family support. Westpac offers a Family Security Guarantee, which lets an eligible family member use equity in their home as additional security. See first home loans.
- People building or renovating. Westpac’s construction loan option releases funds in stages as the build progresses, with interest-only repayments available during construction. See construction loans.
- Buyers who need to buy before they sell. Westpac offers a short-term bridging loan for owner-occupiers in some circumstances.
- Clients who prefer to apply through a broker. You can arrange a Westpac home loan through a mortgage broker as well as online, by phone or in a branch.
Home Loan Types Westpac Offers
Westpac’s own website and independent industry sources confirm the following home loan types. Product names and features change, so ask us for the current range.
- Owner-occupied home loans, with variable, fixed and split rate options
- Investment property loans, including interest-only options
- Construction loan option for building or renovating
- Refinancing from another lender
- First home buyer loans, including Family Security Guarantee
- Home loans for self-employed borrowers
- Bridging loans for owner-occupiers
Getting a Westpac Home Loan Through Ingram Financial
Of course, every lender has its own policies, processes and quirks, and they change often. Rather than working through them on your own, let Ingram Financial help you navigate the maze and compare Westpac with the other lenders on our panel.
Shannon Ingram compares Westpac home loans with the rest of the panel, looking at your goals, income and deposit first, and then at which lender fits. In the meantime, to see current Westpac products, use the lender filter in our comparison tool. When you are ready, contact us or book a free chat below. We help clients across the Sutherland Shire in person, as well as across Australia by phone and video.
Westpac Home Loan FAQs
Yes. APRA regulates Westpac Banking Corporation as an authorised deposit-taking institution. In fact, it began in 1817 as the Bank of New South Wales, making it Australia’s first bank.
Its shareholders own Westpac, a publicly listed company. Its shares trade on the ASX under the code WBC.
Westpac Group’s retail brands include St.George (merged in 2008) and Bank of Melbourne (relaunched in 2011). Both are divisions of Westpac Banking Corporation rather than separately licensed banks.
Yes. Westpac home loans are available through mortgage brokers. Therefore, Ingram Financial can compare Westpac with the other lenders on our panel.
Yes. Westpac offers self-employed borrowers the same home loans as salary earners, with simplified assessment options, including a one-year income assessment in some circumstances.
Ingram Financial has no ownership ties to Westpac. Westpac is simply one of the lenders on our panel. We checked the lender information on this page in September 2026. However, it may change, and the lender sets product availability, policies and eligibility criteria.
The information on this page is general in nature and does not take into account your objectives, financial situation or needs. Lending criteria, fees and charges apply. Consider whether it is appropriate for you and speak to us for advice specific to your situation.