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The NAB Tailored Home Loan Fixed Rate comes with competitive fixed terms and features to suit your specific home purchasing needs, whether you're a first home buyer or looking for an investment property.
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Review by
Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206) and a Tier 1 Generic Knowledge certification (RG 146).
The NAB Tailored Home Loan - Fixed Interest Rate is suitable for anybody purchasing a new home whether it be to live in or for investment purposes, as well as for those who are looking to refinance their existing loan. Investors may want to properly consider if the rigidity of a fixed loan would suit their needs in case they wish to sell during the fixed period as break costs would apply.
If this loan sounds as though it's exactly what you're after, you can begin the application process right now by clicking the 'Go to site' button. The light blue box on the right hand side of the page explains what happens after you click the button.
If you need more information, click the 'Go to site' button below to get access to this.
2 Comments
June 22, 2018
In regards to a defense home loan for $420,000. This will be mine and my partners first home. what would be the minimum deposit required from us. I will have DHOAS and HPAS and the first Home Owners Grant. Do any of these extras help with reducing the amount that is required for the deposit? With regards to saving we’ve heard that the rent receipts can be used as a form of saving.
we both thank you for your time.
June 22, 2018
Hi Kurtis,
Thanks for your inquiry
The lowest deposit you need to apply for a Defense Home Loan is 5%. However, NAB may require you additional deposit depending on their assessment of your application including all the other benefits that you are entitled to.
Regarding the use of rent receipts as a form of savings, according to NAB’s Supporting Documentation and Verification rent receipts is not included on the list of accepted documents.
For more information about Defense Home Loans and its eligibility requirements, you may directly visit NAB’s Website.
Hope this information helps
Cheers,
Arnold