Buying your next home or property | Home Loans | Heritage Bank

Buying your next home

Buying your next home is a big step. Whether you're moving to a new town or upgrading to your dream home, it’s important that you have a home loan with features that suit you.  Many people utilise the equity in their current property to fund the deposit for their next home. When you purchase your next home through Heritage, you'll get access to a range of features including: 
  • Flexible repayment options, including unlimited extra repayments on fixed loans
  • Redraw and 100% offset account options
  • Online redraw facilities available

Up to $4,000 cashbackon eligible home loans


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For loans refinanced to Heritage with ≤80% LVR OR new loans with LMI.
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For owner occupied and investment home loans.
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Paid into your Heritage transaction account.

ⓘ Apply by 31 May and settle by 31 July 2022. T&C's apply. Click for full T&C's and FAQ's.
Find out how we can help you

Try our home loan calculator below to see which of our home loan products might help you buy your next home. We have a variety of variable and fixed Loans available.

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By paying $loanFrequency_lyname instead of monthly, you could save $heritageRepayments_totalSaved & $heritageRepayments_yearsSaved over the life of your loan.

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Indicative repayment amount only. Your credit contract will state a monthly repayment figure. You may make payments as frequently as you choose within each month to pay the monthly amount due.

Apply by 31 May 2022 and pay no application fee.

Save up to $600!#

The home loan application process

Buying your next home starts with your first appointment with a Heritage Bank Lending Specialist. You can choose to have your appointment with us face to face, over the phone or by a video call. We’ll chat about our home loan products and discuss your financial situation so that you can decide whether you’re ready to buy your next home. 
 
If you’re ready to apply, your Lending Specialist will step you through the submission of your application, loan assessment and contract signing, then settlement.  Learn more about the home loan application process or get in touch with us today.

Home loan application checklist

Speed up and simplify your home loan application with this checklist, which covers identification, income, living expenses and other requirements you will need.

Customer Owned Banking you can bank on.

Established in 1875, and with more than $11 billion in assets, Heritage is one of Australia's largest Customer Owned Banks.

Customer Owned Money Minder of the Year 2021.

The results are in! We are Money Magazine's Customer-Owned Money Minder of the Year 2021.

Other ways we can help you

Buying land and build loans

If you’re looking to purchase vacant land or build a new home rather than purchase an established property, we have options that may be suitable.

Construction Loans are different from a regular home loan because the funds are paid gradually to your builder as progress payments. While your property is getting built, your repayments are set as interest only to help you manage your budget.

Simply let us know of your plans to build when you apply for a home loan and we'll help you through the process.

What if I buy before I sell?

Whether you're upgrading to your dream home or moving to a new town, our Bridging Loan can help you by bridging the finance gap for up to 6 months, while you sell your current home. Let us know your plans during the home loan application process.

Calculate your moving costs

Selling your current property to buy a new home can be a very exciting and busy time. That's why it's important to consider all the costs of buying and selling your property, such as mortgage discharge costs and conveyancing fees. Help calculate the costs with our home buying and selling costs calculator. 
Seeking pre-approval