NAB rolls out stricter rules on ID checks and credit history for home loan applications

National Australia Bank is tightening its rules for home loan applicants, with photo IDs and supporting documents in response to more regulatory scrutiny of lending practices by banks.

Mortgage brokers will be required to provide updated photographs for all existing NAB customers who take out a new mortgage with the bank.

READ MORE VIA PROPERTY OBSERVER

National Australia Bank is tightening its rules for home loan applicants. PHOTO SOURCE: PROPERTY OBSERVER

Leave a Reply

Your email address will not be published. Required fields are marked *