Heritage Bank Home Loans

Heritage Bank is Australia's largest customer-owned bank

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Heritage Bank

Find essential information about Heritage Bank home loans on this page. Skip ahead to the full table of products or read more about Heritage Bank home loans below.

Compare Heritage Bank home loans

Compare Heritage Bank home loans below. Hit "load more" to see a fuller selection of home loans and hit "Go to site" to start your application process.

Rates last updated November 14th, 2019
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
$0 p.a.
A limited time special offer when you borrow more than $150,000.
$0 p.a.
Investors with a 20% deposit can get this loan and kickstart their property portfolio.
$0 p.a.
Buy your home with just a 10% deposit, few fees and a reasonable interest rate.

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Heritage Bank lender profile

  • Heritage Bank was formed in 1981 when Toowoomba Permanent Building Society and the Darling Downs Building Society merged.
  • Heritage Bank offers loans in four categories: fixed, discount variable, basic variable and standard variable.
  • Many of the features from these four loan types can be combined and bundled for a customised package. All loans offered by Heritage Bank come with a redraw facility, portability and allow additional repayments.

Heritage Bank mortgage features

Offset accountSome Heritage Bank mortgages come with a 100% offset account, depending on the product and your borrowing situation.
DepositSome heritage bank home loans let you borrow up to 95%. These include the Heritage Bank Discount Variable Home Loan - (Owner Occupier, P&I) New Customers only or the Heritage Bank Discount Variable Home Loan - (Owner Occupier) New Customers Only
Redraw facilitySome of Heritage Home Loans come with a redraw facility.

How do I apply for an Heritage Bank mortgage?

You can learn more about a specific Heritage Bank mortgage by clicking through to that product's review page. Clicking the "Go to site"' button will let you enter your details and start the process of talking to an Heritage Bank lending specialist.


Each Heritage Bank product have specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Heritage Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

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Home Loan Offers

Important Information*
Logo for UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000

Take advantage of a low-fee mortgage with a special interest rate of just 2.84% p.a. and a 2.84% p.a. comparison rate.

Logo for Athena Variable Home Loan - Refinance (Owner Occupier, P&I)
Athena Variable Home Loan - Refinance (Owner Occupier, P&I)

Owner occupiers looking to refinance can get one of the lowest rates in the market with this variable rate mortgage. $0 application fee and $0 ongoing fees. Refinancers only.

Logo for Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)

Buy your home and lock in a low rate for the first two years. Available with a 10% deposit. Earn Velocity Frequent Flyer Points at settlement, monthly and every three years, plus extra bonus points for a limited time.

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6 Responses

  1. Default Gravatar
    shaneDecember 5, 2015

    hi, i wondering if heritage bank provide home loans for newstart clients? im looking to buy a home for around 300 thousand dollars and have $178,000. i wish to put down $158k and use the remaining on stamp duty and other expenses. please let me know if there is any way this could work.

    • Avatarfinder Customer Care
      BelindaDecember 7, 2015Staff

      Hi Shane,

      Thanks for your enquiry,

      As finder.com.au is an online comparison service, we cannot comment on whether Heritage Bank will provide home loans for Newstart clients as it will depend on a range of factors including any other income or benefits you receive, your assets, liabilities and credit score. Most banks treat these kind of applications on a case-by-case basis.

      However, you can learn more about home loans for Centrelink recipients on this page where you can also get in touch with a mortgage broker who can draw upon their panel of lenders to find one that’s more likely to review your application.


  2. Default Gravatar
    MargaretDecember 27, 2014

    Is there a branch in Cairns.

    • Avatarfinder Customer Care
      ShirleyDecember 29, 2014Staff

      Hi Margaret,

      Thanks for your question.

      There are no locations within 400km of Cairns. Please call Heritage Bank’s contact centre and they will be pleased to assist.


  3. Default Gravatar
    ChrisApril 15, 2014

    What percentage of the value of my house can I have equity line of credit?

    • Avatarfinder Customer Care
      MarcApril 15, 2014Staff

      Hi Chris,
      thanks for the question.

      This will depend on the amount you wish to borrow. If you intend to borrow up to $200,000 with the Heritage Bank Living Equity loan you might be able to borrow up to 85% of your property value. If you borrow between $200- $300,000, you might be able to borrow up to 80% of your property, and for amounts higher than this you could be able to borrow up to 75% of the property value.

      I hope this helps,

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