Connective Essentials are helping customers realise their home ownership dreams sooner with competitive rates as low as 5.79% p.a. (Comparison rate 5.82% p.a.). We’re also here to help you, your businesses and customers through challenging times by offering support services.
Earlier this month, Connective Essentials reduced the variable interest rate for new Owner Occupier P&I home loans with less than or equal to an 80% LVR.
Interest rates for new Owner Occupier Principal and Interest variable lending with ≤80% LVR are as follows:
| Up to and including 70% LVR | 70.01% to 80% LVR | ||||
|---|---|---|---|---|---|
| Loan Purpose | Repayment Type | Interest Rate (p.a.) | Comparison Rate2 (p.a.) | Interest Rate (p.a.) | Comparison Rate2 (p.a.) |
| Owner OccupieR | Principal & Interest |
5.79% p.a. (decreased by 0.05% p.a.) |
5.82% p.a. |
5.83% p.a. (decreased by 0.11% p.a.) |
5.86% p.a. |
Our service levels (SLAs) are at one business day as you’ve come to expect from Connective Essentials!
Offering a one business day turnaround on new applications and variations means a better experience for both you and your customers. You can view our full list of SLAs on our website, under the Home loan service levels tab.
Note: The specified SLA timeframes do not include the day of lodgement.
We know the current environment might be challenging for some brokers, their businesses and customers. We’re here to support you and your customers through good times and bad.
Health & Wellbeing support: Through Advantedge, you and your customers can access to NAB's employee assistance program, MyCoach. This service provides confidential coaching and support for all aspects of life – physical, mental, social, professional, and financial. If you need support, please call 1300 574 759 to make an appointment with a Benestar clinician.
Hardship support: If you have a Connective Essentials customer struggling financially, please ask them to reach out to our Customer Support team who are there to help customers through financial hardship. Early intervention is critical so if you see one of your customers struggling, please ask them to call our Customer Support team on 1300 155 426 as soon as possible so we can help them get back on their feet.
If you have any questions regarding our support offering, current rates or SLAs, we’re here to help! Simply contact your Connective Essentials BDM.
Important information:
1Information, rates and offers are correct as at 3 October 2023 and are subject to change. Fees and charges apply to Connective Essentials products. Interest rates, fees and charges are subject to change. Terms and Conditions apply to all Connective Essentials products and are available on request. Lending criteria apply.
2Comparison rates are based on a secured loan of $150,000 over a term of 25 years.
WARNING: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
