Skip to main content

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.

Floating

2.50

%

p.a.

1 year fixed

1.99

%

p.a.

2 year fixed

2.35

%

p.a.

3 year fixed

2.45

%

p.a.

Interest rates accurate as at 05/03/21

How does it work?

1

You’ll apply and get a decision online

2

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

3

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

4

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

5

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

6

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