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NAB's BIG plan for assessing borrowers

Nov 21, 2018 - Australian Financial Review

National Australia Bank is promoting a range of discounts and special offers as it prepares to roll out a program intended to improve the quality of financial information provided by loan applicants.

NAB and affiliate Homeloans, a non-bank mortgage provider, will on Wednesday unveil the Broker Interview Guide (BIG), which must be completed by applicants and mortgage brokers for all personal, household and residential investment home loans.

Other lenders, including ANZ, are also intro...