NAB is offering a promotional discount on its Base Variable Rate product for new owner occupier borrowers making principal & interest repayments. The Base Variable Rate Offer is available for new lending only and for a limited time.
• New lending only – an application must be submitted and approved on or after 16 March 2018 until offer closes (as advised by NAB).
• Owner occupier, principal and interest repayment home loans only
• Also available to existing NAB customers increasing their NAB Base Variable Rate Home Loan (Principal & Interest, Owner Occupier) by $20,000 or more
• $600 application fee applies
• LMI payable where the customer’s loan to property value ratio (LVR) is greater than 80%
• Not available for non-resident borrowers
The Base Variable Rate offer will permanently cease to apply on the earlier of:
• any change to loan purpose or repayment type; or
• loan ceases to be a NAB Base Variable Rate Home Loan.