The major bank will disregard student debts of $20,000 when assessing mortgage applications.
National Australia Bank has become the latest lender to confirm that it will ignore some Higher Education Loan Program (HELP) debt repayments when assessing home loan applications.
From 31 July, if someone owes $20,000 or less in student debt, it will not affect how much they can borrow for their new home with NAB.
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