ChoiceLend home loan review 2026

ChoiceLend was a home loan brand offered through mortgage brokers, with funding and loan management through Advantedge, part of NAB. It wasn’t a standalone bank with its own branches.

Advantedge stopped accepting new home loan applications on 30 September 2025. Existing loans are now scheduled to move to NAB on 17 October 2026. The loan continues, but the way you access it and make payments changes.

NAB will replace StarNet with NAB Internet Banking and the NAB app. Its September letter includes your new account details and registration instructions. Keep your mobile number, email and address current so you receive it. You can follow the updates on NAB’s migration page.

Advantedge stopped accepting BPAY repayments on 1 April 2026. That applies to regular and extra repayments. If you still have an old BPAY schedule, contact Advantedge to check your payments and arrange an accepted payment method.

Before the move, direct debit or direct credit can be used under Advantedge’s instructions. If you already pay by direct debit, check the account your repayments come from has enough money and the details are current.

Most direct debits will carry across. A direct debit from another Advantedge home loan won’t, so that needs a replacement arrangement. Transfers and salary credits need the new NAB BSB and account number. Payments using the old details after 18 October won’t be processed.

If you currently pay on 2 set dates each month, NAB will move you to fortnightly payments at the same amount. That means 26 payments a year instead of 24. Allow for 2 extra payments in your yearly budget and check the dates in your letter against your pay cycle.

Have an interest only loan? NAB will require direct debit, with repayments due on the last business day of the month. Check your October repayment letter carefully because the changeover has special arrangements. Ask Advantedge to explain your payment dates before changing anything. The customer migration FAQs cover the different situations.

A fixed rate continues until its agreed end date. Variable rates can still change, including before the move. Check the rate in your NAB letter rather than assuming it’s locked in or that you’ll get the rate advertised for new customers.

Those figures come from the published AFSH/NAB notice of loan changes. Use the notice sent for your own loan to check its terms.

After the move, eligible NAB Tailored variable loans can have up to 10 linked offset accounts. Money in them reduces the loan balance used to calculate interest, while remaining in a separate account. Our offset account guide explains how that differs from paying extra into the loan.

Offset isn’t available during a fixed rate period or on NAB’s Base Variable product. You need eligible NAB accounts, and the account holders must also be borrowers on the linked loan. Ask NAB to confirm the setup for your loan before moving your savings.

NAB will exclude your next scheduled repayment from available redraw. That changes how much you can withdraw; it doesn’t mean that amount has disappeared from your loan. Redraw will also need an eligible NAB transaction account in your name, with a $500 minimum withdrawal.

For example, if you have $2,500 available to redraw and your next repayment is $1,500, NAB may show $1,000 available to withdraw. Your loan balance stays the same. You can withdraw $1,000, and your scheduled repayment is still due.

Scheduled redraws won’t carry over. If you rely on redraw for regular bills, plan another way to pay them during the changeover and check your access with Advantedge before the move and NAB afterwards.

I’d compare your current loan with the cost of moving before deciding to refinance. If the rate and features suit you, staying may make sense. If you need something different, we’ll check the alternatives over the years you have left on the loan.

Send us your latest statement and the terms in your NAB letter. We’ll compare rates, fees and access to savings. If your income or circumstances have changed, we’ll also check whether a new application is likely to work before you commit to switching.

For NAB’s current lending strengths and restrictions, read our NAB home loan review. You can also compare Westpac and ubank. Their reviews cover the differences that matter for a new application; your existing loan’s migration letter is the starting point for your current terms.

Our refinancing guide explains the costs and steps. Compare loans over the same remaining term so a lower repayment doesn’t hide extra years of interest.

Until the move, Advantedge is the team to contact. Call 1300 300 989 or use the details on your statement. After the move, follow the NAB support details in your welcome letter.

If you’re having trouble making repayments, contact Advantedge before the move, or NAB afterwards, and ask about hardship support. You can find the current contact options on Advantedge’s website.