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Refinancing with Heartland

Looking to refinance your mortgage? Heartland’s simple online application and market-leading rates could save you money and stress.Better yet, you could get a credit of up to $1500 if you refinance onto our floating rate and stay floating for 12 months.

Heartland Rural Direct

Why refinance with Heartland?

Whether your fixed-rate term is nearly up, you’re looking to get a top-up on your mortgage, or you just want a better rate, our goal is to make refinancing simpler.

Refinancing doesn’t have to be a hassle

In today’s market, the temptation of record-low interest rates may seem outweighed by the potential headache of refinancing a mortgage – we get it, and we want to help. That’s why we aim to make the process of switching to a Heartland Home Loan as easy as possible. Heartland offers:

*$750 credit for new home loan customers who refinance more than $100,000 at our floating interest rate for 12 months or more. If you borrow more than $500,000 you could be eligible for a credit of up to $1,500. The loan amount can either all be on floating, or on a combination of floating and fixed.

Our rates

Choose the loan type that’s right for you, fixed, floating or a combination of both. Please note, Heartland currently only offers term home loans, not revolving credit home loans.





1 year fixed




2 year fixed




3 year fixed




Interest rates accurate as at 05/03/21

How does it work?


You’ll apply and get a decision online


You’ll provide us your bank statements or IRD summary of earnings


We’ll send you a letter of offer and confirm your new loan structure


You’ll provide us with a copy of your current home loan statement to confirm the refinance amount


We’ll confirm your identity using biometrics and open your YouChoose account


We’ll send documents to your solicitor to sign with you, and then we’ll open your home loan!

Check if you're eligible

  • a NZ citizen or permanent resident, over 18 years old
  • looking to refinance your home and have at least 20% equity
  • currently living in the property
  • able to meet the repayments over the requested loan term from your salary or wages
  • able to have your income paid into a YouChoose account. We can help you open one during the application process.

The home must not be:

  • a monolithic or plaster clad property consented before 1 January 2006.
Heartland’s lending criteria, terms, conditions and fees apply.

Keen to get started?

Apply now