Buying your first home | Home Loans | Heritage Bank

Buying your first home

There's lots involved in buying your first home and it can be an exciting yet overwhelming time. Our Lending Specialists are here to help you through the process and beyond.

Find out how we can help you

Find out how we can help you

Try our home loan calculator below to see what your repayments and interest rate could look like with Heritage Bank. Once you've used the calculator, get in touch with our local Lending Specialists who can help you through your home loan application, including applying for the First Home Owner Grant in your state.

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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 30 September 2022 and pay no application fee.

Save up to $600!#

About the home loan application process

The application process 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 to get you prepared for buying your first 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.
Why Heritage?

People first. Always.

We've been committed to Australian communities for over 145 years. In a world where so much has changed, our mission to put people before profits, never has.

Mozo People's Choice Awards 2022
Other ways we can help you

Our First Home Buyer Help Hub

Our First Home Buyer Help Hub gives you access to the right tools and support to help with your home buying journey. The help hub includes information on First Home Owner Grants, common home loan jargon explained and what to do if your loan is not approved. 

First Home Buyer Help Hub

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 my application gets knocked back?

It can be disheartening to find out a loan for your first home is not approved. Visit our First Home Buyer Help Hub for more information on what to do if this happens. It covers considerations such as having a family member act as guarantor for you via our Family Guarantee option, and outlines how we can help you manage your budget to keep your home buying journey moving forward.

Seeking pre-approval

Heritage offers a pre-approval process to help give you some peace of mind when you’re wanting to make an offer on a property.  

Enquire online, visit your local branch or phone 13 14 22 to find out if you qualify for a pre-approval or learn more about how pre-approval can help you.