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When growing early, you need a couple things: 1) Easy access to cash outs (flexibility)- personally I don't think NAB are that great in this space compared to the other majors. They have a stricter policy in the LMI range, which is generally part of the aggressive accumulation phase. 2)...

Definitely - I've used them plenty of times too. I like their employment policy and genuine savings requirement (90%) in particular. I just sense that it happens without the justification sometimes - which may be broker incentives talking.

Good early lender to go to. Given their valuation models and decent cash out policy, its a pretty good starting point along with CBA/ANZ. Cheers, Redom

While it irks me to see NAB loans being written so early (mainly because i think its trial incentives for the broker talking) there's often a genuine purpose for it. The need to refinance out because of going to NAB early is perhaps a touch strong - picking the wrong lenders early can definitely...

I think this is fair Peter. Unless there's a specific need to, its not the most valuable contribution.

No this isn't a credit hit. :)

Its not the end of the world, just unusual. Could be because of employment situation or genuine savings not evidenced until 90%. Cheers, Redom

Heya, Not a problem to change brokers for IP2 - apart from my younger clients, most of my clients had existing relationships with brokers/lenders in the past. I'm fairly sure the others would have similar experiences. Best to have someone on your team that takes a strategic approach...