NAB Mortgage Company

NAB Mortgage Company

In terms of net worth and customers, NAB Mortgage Company is the largest financial institution in Australia. NAB Mortgage Company is also included in the top 30 financial services companies in the world. NAB Mortgage Company operates in nine other countries outside Australia. The other countries where NAB Mortgage Company operates include China, Germany, Greece, India, Malaysia, South Korea, Taiwan, Thailand, and the United States.

NAB Mortgage Company History

The history of NAB Mortgage Company started with its formation in 1893 as the National Bank of Australasia Limited. The company changed its name to NAB Mortgage Company after its merger with The Commercial Banking Company of Sydney Limited in 1981. The official corporate name of NAB Mortgage Company is National Australia Bank.

NAB Mortgage Company continued to expand by acquiring a number of financial institutions in Australia and in the other parts of the world. Some of the financial institutions purchased by NAB Mortgage Company include Clydesdal Bank, Northern Bank, Bank of New Zealand, Michigan National Bank, HomeSide Lending, and MLC Limited. The acquisition of MLC Limited was considered as one of the biggest mergers in Australian corporate history.

NAB Mortgage Company Home Loans

Home loans by NAB Mortgage Company have varied features to offer. This in line with the goal of NAB Mortgage Company to provide customers with personalised service. The ten different types of home loans offered by NAB Mortgage Company are as follows:

• Base Variable Rate Home Loan - for people who prefer low variable rates and no monthly fees
• Introductory Rate Home Loan - for people who wish to save more money during the introductory period
• Tailored Home Loan - Variable Interest Rate - for people who like an adjustable interest rate
• Tailored Home Loan - Fixed Interest Rate - for people who prefer a stable interest rate
• Home Equity Line of Credit - for people who want to access their funds electronically
• FlexiPlus Mortgage Facility - for people who like a more flexible line of credit option
• Portfolio Facility - for people who wish to link their transaction accounts and investments in a single facility
• Choice Package - for people who want to consolidate their loans
• Rural Lifestyle Home Loans - for people who choose to purchase a rural retreat
• Solutions for Self-Employed (Low-Doc) - for people who are self-employed