When did NAB change it's lending policy to reflect APRAS direction?

[brisbane 04]

Hi. To all those mortgage brokers out there when did NAB change their lending criteria (servicing and LVR) to meet APRAS guidelines? Have been told by my NAB branch manager today that it was April 13 and that's why a loan I went for in late April was declined due to the changes in servicing. Cheers

 

[Corey Batt]

May 12 - sounds like someone might have been telling fibs.

 

[brisbane 04]

Thanks Corey I thought this May be the case. A bank manager lying?