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Do I need bank approval when I want to use my pre-arranged credit limit for my NAB FlexiPlus Mortgage, NAB Home Equity Line of Credit (HELOC) or NAB Portfolio Facility?

April 26, 2017Approval Bank credit FlexiPlus home equity limit line of credit mortgage NAB pre-arranged

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Do I need bank approval when I want to use my pre-arranged credit limit for my NAB FlexiPlus Mortgage, NAB Home Equity Line of Credit (HELOC) or NAB Portfolio Facility?

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No. Once you’ve opened your NAB FlexiPlus Mortgage, NAB HELOC or NAB Portfolio Facility and your credit limit has been approved, you can draw on your line of credit up to the account limit whenever and for whatever reason you wish.