You've got the design and the plans, and you need a partner in this. You want a banking specialist who understands the ups and downs of building.
You need a loan that is flexible with cash flow, progress payments and interest.
Home loan specialists
We'll explain your options and explore the different scenarios to find the right home loan solution to help you with your building and renovating needs. And remember, for added convenience, our Mobile Bankers can come to you.
'Building loans'
Most NAB variable rate loans can be used for building. Home loans with 'building conditions' provide the flexibility to draw funds to meet your progressive payment schedule for builders, electricians and plumbers.
For added flexibility you also have the option of interest only repayments to help you manage your cash flow.
A line of credit: access to your money when you want it
NAB FlexiPlus MortgageandNAB Home Equity Line of Credit give you a credit limit (approved loan limit) which you access through a transaction account and is available as and when you need it. Use as much or as little as you need. You have total flexibility over your finances and easy access. Furthermore, you only pay interest on what you've used. It's ideal for renovating.
Competitive rates
You'll start well at NAB with a competitive rate - you can be confident you've got a good deal. Furthermore, we'll show you ways to keep repayments manageable and help pay off your loan sooner.
