Our Home Loan Options
Owner Occupied Home Loans
Value4
- variable rate
comparison rate*- LVR^ up to 60%
- 2 year fixed rate
from
comparison rate*- LVR^ up to 60%
Value Home Loan with a lower than standard interest rate could have you owning your home sooner.
LVR^ above 90% available
Interest Offset Available
Split Facility
Construction Loan
No annual or monthly fees
Redraw Facility
Reduced Fees Program
No early exit fees#
Goldrate2
- variable rate
3
comparison rate*- LVR up to 60%
- 2 year fixed rate
from
comparison rate*- LVR up to 60%
Spend less time with your mortgage and more time with those you love!
LVR^ above 90% available
Interest Offset Available
Split Facility
Construction Loan
No annual or monthly fees
Redraw Facility
Reduced Fees Program
No early exit fees#
First Home Loan1
- variable rate
comparison rate*- LVR^ up to 90%
- 2 year fixed rate
from
from comparison rate*- LVR^ up to 90%
We’re helping you get into your first home through the Home Guarantee Scheme.
As little as 5% deposit without needing to pay for lender’s mortgage insurance premiums
Construction Loan
No annual or monthly fees
Interest Offset Available
Redraw Facility
No early exit fees#
Investment Home Loans
Value4
- variable rate
comparison rate*- LVR^ up to 60%
- 2 year fixed rate
from
comparison rate*- LVR^ up to 60%
Value Home Loan with a lower than standard interest rate could have you owning your property sooner.
LVR^ Up to 90%
Interest Offset Available
Split Facility
Construction Loan
Redraw Facility
Reduced Fees Program
No early exit fees#
Goldrate2
- variable rate
comparison rate*- LVR^ up to 90%
- 3 year fixed rate
from
comparison rate*- LVR^ up to 90%
Make the most of your investment with a discounted variable interest rate.
Special discounted variable rate
LVR^ Up to 90%
Construction Loan
No annual or monthly fees
Redraw Facility
Reduced Fees Program
No early exit fees#
Visit our Property tips section for useful articles and tips for purchasing property
ADDITIONAL INFORMATION
WHO CAN APPLY FOR A LOAN
You can apply for a loan individually or jointly with one other person or multiple person/s. To apply you need to:
- be at least 18 years old.
- have a regular income.
- be a permanent Australian resident.
- be able to make your repayments.
- want to borrow more than $50,000.
Terms & Conditions
General Terms & Conditions
Effective for new business at . Terms and conditions apply and are available on request. Fees, charges and lending criteria apply. A Financial Services Guide (FSG) is available on our website and upon request. Unless stated, all comparison rates are based on principal and interest repayments. for more information on interest only comparison rates, please contact us.
*The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
^Lenders Mortgage Insurance (LMI) required for Loans with LVR^ greater than 80%, with the exception of the First Home Loan.
#An early repayment fee may apply on the fixed rate portion of any loan.
Home Loan Terms & Conditions
1. The First Home Loan is only available for applicants that qualify for the First Home Loan Deposit Scheme. Interest Only is only applicable for Construction purposes.
2. Minimum loan amount is $50,000. Existing Bank of Heritage Isle borrowers must borrow minimum $50,000 additional funds to be eligible.
3. Not available for investment purposes or for refinancing of existing Bank of Heritage Isle loans.
4. Value Home Loan available to residents of Tasmania. Rate discounted against Premium Home Loan. Rate discounted against Premium Home Loan.