NAB Cash Out Policy Update

NAB is making it easier for customers to access their equity in their property to assist in growing their property portfolio or wealth by simplifying our Cash Out policy requirements. 

You’ll no longer be required to provide verification documents when you take cash out as part of a loan request and the amount exceeds $250,000.

You can simply capture the purpose and cash out amount in notes.

Please note: you’ll still be required to provide verification where:

• the LVR exceeds 90%; or

• LMI applies, and the cash out is over $100,000.