Some news about your Essentials Home Loan...

We have just been advised there are some upcoming changes to the Connective Essentials home loans.

• You may recall, we always cheekily commented that Essentials was wholesale National Australia Bank (NAB).

• NAB provided this loan through their channel "Advantedge", this name may or may not ring a bell for you but it is reflected on your mortgage and is the A in AFSH noted on your insurance

• NAB have decided to merge the channels and over the coming 12-18 months you'll see the Connective Essentials & Advantedge branding disappear - and the NAB red star branding come in.

No other changes are expected, the same interest rate, no fees etc. 

Nab / Advantedge have sent you a letter on this topic, don't be alarmed - but it also is for your information only and should not require you to take any action. We've been provided with this copy to share with you.

advantedge-announcement-customer-letter.pdf

Download PDF • 49KB

While we are assured it's business as usual - there could be some advantages (with an a, not an e!) in moving to the NAB stable in terms of adding an offset account and different banking functionality.

If you have any questions or concerns please reach out to us, we are always happy to assist.

Team TRS