Advantedge Home Loan Lending Policy 2026

Advantedge home loans are closed to new applications, so a new purchase or refinance cannot progress through the former Advantedge residential programme. Applications stopped on 30 September 2025. Existing loans are scheduled to move onto National Australia Bank (NAB) systems on 17 October 2026.

For brokers, the first policy decision is whether the client needs new credit or help with an existing loan. That distinction comes before an income calculation or property valuation. Advantedge’s closure announcement changes which lending route is available.

Borrower and Purpose Fit

Advantedge isn’t a new-lending option for any borrower type as at October 2026. Its transition notice also says applications for credit-critical variations are now closed. Those include loan increases and security changes.

An existing owner-occupier or investor loan still needs servicing, but the client having an Advantedge account doesn’t create a route for additional credit. The transition notice allows credit-critical variation submissions to NAB from 19 October 2026. A new purchase or external refinance needs an open lending product and its own assessment.

Before collecting a lender-specific document pack, record these facts.

• Is the client buying, refinancing to another lender or changing an existing Advantedge loan?
• Which legal entity is the borrower, and which people own the property or guarantee the debt?
• Does the request add a borrower, increase the limit or change the property securing the loan?
• What are each applicant’s citizenship, residency and visa details, including where they live and earn income?
• Is the property for the client to live in or rent out, and what will any released equity fund?

A foreign passport verifies identity. It doesn’t establish eligibility for a residential loan. Match the person’s full legal name to the application, then assess residency under the receiving lender’s rules.

Advantedge’s published April 2025 document checklist distinguishes identity evidence from income verification. Keep that checklist with the original file when explaining how a legacy application was documented. A fresh NAB application needs the rules for the NAB product being proposed.

Income and Deposit Evidence

Collect income evidence by employment pattern, then apply the rules of the lender assessing the request. Advantedge’s April 2025 supporting document checklist separates permanent employment, casual or contract work and self-employment. It isn’t evidence that new Advantedge lending has reopened as at October 2026.

The legacy checklist makes these distinctions.

Income pattern	What the Advantedge checklist asks for	What the broker needs to explain
Permanent pay as you go (PAYG) employment	Payslip evidence covering at least two pay cycles, or the last two salary credits	Base pay, deductions and any inconsistent credits
Casual or contract income	Evidence supporting at least six months of income	Hours, gaps between contracts and whether the same earnings continue
Overtime or commission	A separate income history	Whether this income is ongoing and how it differs from base pay
Self-employment	Two years of financial statements or specified tax-return evidence	How income flows from the business to the applicant

Documents prove receipt of income. They don’t decide how much the lender counts in serviceability, its test of whether the borrower can afford repayments. Keep variable pay separate so the assessor can apply the relevant income treatment.

List each liability with its balance, limit and repayment. Include debts retained after the transaction, credit cards and business commitments. Reconcile salary deductions against the debts already listed to avoid counting a commitment twice or leaving it out.

The loan serviceability guide explains this income-and-commitment calculation across lenders. When the application moves to a different lender, redo that calculation with the receiving lender’s inputs.

Trace the Client’s Contribution

A purchase deposit and equity in an existing property need different evidence. For a new purchase, identify how much cash the client contributes and where it comes from. For a loan increase, identify the proposed equity release and its use.

Ask the client these questions before requesting statements.

• Which account holds the funds, and who owns that account?
• How much came from regular savings, a gift, an asset sale or another loan?
• When did each large transfer arrive, and can it be traced to the originating account?
• Is a gift repayable or unconditional?
• Are funds still tied up in a property sale, term deposit or investment?
• What cash remains after purchase costs and any debts being repaid?

Match each answer to evidence. Savings need account history showing accumulation. A property sale needs settlement evidence and the net proceeds, while a gift needs evidence of its terms and transfer.

Keep borrowed funds in the liability assessment. The account balance alone doesn’t show that the client has an unencumbered contribution. Apply the receiving lender’s genuine-savings definition and required history to the actual source of funds.

Property and Policy Confirmation

A proposed property can’t restore an Advantedge lending route that is closed. As at October 2026, Advantedge’s transition notice includes security changes among the closed credit-critical variations. An existing mortgage and a request to replace or release its security are different decisions.

For an existing file, Advantedge’s April 2025 checklist connects purchases to a sale contract and construction to building documents. It also distinguishes upfront and upon-completion valuations. Use those documents to establish what was approved and what has changed.

Describe the security by its address, postcode, title and actual use. Add dwelling type, land area, zoning and any unusual occupancy or resale restriction. A rural house, small apartment and residential building project need different security questions.

The home loan security guide explains those categories. Classification comes before applying a maximum loan-to-value ratio (LVR), the loan amount divided by the lender’s accepted property value.

For a hypothetical $480,000 loan against an accepted value of $600,000, the LVR is 80%. That arithmetic doesn’t establish property acceptance or a product’s maximum LVR. A different valuation changes the ratio even when the debt stays the same.

Record the Rule and the Decision Date

Use this confirmation sequence when the client needs a security change, extra credit or an exception.

1. Identify the transaction and processing lender. For an existing Advantedge loan, use the transition notice to establish whether the request must wait for NAB.
2. Record the product and the credit-guideline version used on the assessment date. Keep the relevant passage with the file.
3. Calculate the LVR from the proposed debt and accepted valuation. Check any product, property or lenders mortgage insurance (LMI) conditions separately.
4. Send the assessor the precise unresolved point, with the property details and proposed transaction. Ask for a written decision identifying the applicable rule or approved exception.
5. Record that decision’s date, conditions and expiry. Recheck it if the borrower, security or loan amount changes before completion.

Bulma’s Policy Advisor quotes the lender policy behind its answers, so you can retain that wording with your scenario notes. An assessor’s case-specific exception still needs its own written approval.

Brand, Lender and Product Identity

Go Edge and AFG Home Loans Edge are names from Advantedge’s white-label residential programme, which distributed loans through mortgage brokers. As at October 2026, Advantedge still names both brands on its website. Their presence identifies existing business and doesn’t override the closure to new lending.

Name on the file	Distribution identity	How to use it now
Go Edge	The Go channel of Loan Market Group (LMG)	Identify the existing Advantedge-backed loan and its transition documents
AFG Home Loans Edge	Australian Finance Group (AFG) Home Loans	Use the Edge-specific support route for an existing loan
Edge home loans	A shortened product description that doesn’t uniquely identify the lender	Read the contract and distributor name before applying a credit rule

The former Go website now leads to LMG Lending. That distributor’s current product range has its own lender identities. A replacement product in the same broker network doesn’t inherit Advantedge’s credit policy.

AFG’s contact page directs Edge enquiries to its Edge Support Team on 1300 543 558. The page separates Edge from other AFG product families, so the AFG name alone doesn’t identify the lending programme.

Who Is the Legal Lender?

Advantedge Financial Services Pty Ltd is the loan servicer. Its broker migration FAQs, read in October 2026, explain that NAB replaced AFSH Nominees as principal credit provider on 11 June 2025. AFSH Nominees continues as NAB’s agent and credit representative.

The FAQs also cover loans where Perpetual Trustees Victoria Limited is the lender of record. For those loans, moving onto NAB systems doesn’t itself complete a legal transfer to NAB. Keep the legal lender separate from the brand and the servicing system.

NAB’s migration information, as at October 2026, identifies the destination product as NAB Tailored Home Loan. Migration changes the servicing route. It doesn’t pre-approve extra borrowing or establish that a legacy Advantedge exception applies to a new NAB application.

For an existing client’s request, identify the lender from the contract and subsequent notices, then use the support route for that loan. For fresh borrowing, choose an open product from the lender policy guides and assess the scenario against that product’s current rules.