NAB Home Loan – loan
Online loans up to $1 000 000
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $1 000 000
- Term 5 - 30 years
NAB (National Australia Bank) is one of Australia's "big four" banks, listed on the ASX and regulated by APRA. It is one of the largest business lenders in the country alongside its full retail banking range.
NAB offers home loans for owner-occupiers, investors and first home buyers, with variable, fixed and split-rate options plus offset accounts on eligible products. As a major bank, NAB can finance a broad range of property types nationally and offers both branch-based and broker-assisted applications.
Pre-approval is available before house hunting, and NAB's digital home loan tracker lets customers follow their application progress online.
✓ Pros
- Broad range of fixed, variable and split-rate options
- Offset accounts available on eligible loans
- Online application tracker for visibility during processing
- Pre-approval available before making an offer
✗ Cons
- Deposit requirements apply; low-deposit loans usually need Lenders Mortgage Insurance
- Standard big-bank rates aren't always the cheapest — compare before committing
- Valuation and approval process takes longer than unsecured lending
How to apply
- Complete your calculations
- Apply online for conditional approval – fill out the form as best as you can, it should only take 15-20 minutes
- If conditionally approved, find your property and make an offer with confidence
- Tailor your home loan with a banker and finalise the application towards unconditional approval
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident (some lenders accept eligible visa holders)
- ✓ Deposit or equity, commonly 5–20% of the property value
- ✓ Stable employment history and serviceable income
- ✓ Satisfactory credit history and lender valuation of the security property
Frequently asked questions
24 hours
The minimum loan amount at NAB Home Loan is $20,000.
About National Australia Bank Limited
| Company | National Australia Bank Limited |
|---|---|
| Address | 700 Bourke St, Docklands VIC 3008 |
| Website | https://www.nab.com.au |