This information is provided to each customer upon settlement of their loan, in hard copy, as the New Customer Guide.
If you have any other questions, or require further information regarding your loan, please do not hesitate to contact our Customer Care Team on 0800 488 740 or [email protected] if you require assistance at any time. We are here to help you.
Heartland Reverse Mortgage’s variable interest rate is 6.95% per annum from October 1, 2019.
If you are a Legacy client, and took out a loan between 2005 - 2014 please click here for interest rates that may apply to you.
Effective as of 11 October 2019
The variable interest rate for loans settled between 1 November, 2005 and 31 December, 2009 is 5.15% p.a. This has changed from 5.58% p.a.
The variable interest rate for loans settled between 1 January, 2010 and 1 April, 2014 is 6.15% p.a. This has changed from 6.58% p.a.
Important notice: This information has been prepared without taking account of the needs, objectives, or financial situation of any particular individual. Applicants should consider their own circumstances and, if necessary, seek professional advice. Applications are subject to loan approval criteria. Terms, conditions, fees and charges apply. Please note the information set out in this guide may change from time to time.