NAB

NAB’s Home Loan Policy On Post-retirement Repayment Plan

personOtto Dargan access_timeJuly 31, 2020

In its commitment towards responsible lending, National Australia Bank (NAB) has revised its credit policies around borrowers who are approaching a retirement age.  From 25 July 2020, NAB will ask its customers about how they will manage their home loan repayments after retirement.  Therefore,...

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NAB Guarantor Home Loan Withdrawn

personOtto Dargan access_timeJune 2, 2020

Effective from 25 May 2020, NAB will not accept parents as guarantors on their home loans or investment loans. NAB will not be able to do no deposit home loans for first home buyers who want to use their parents on their home loan. It updated their guarantor lending policy to...

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