Living Equity Line of Credit


If your looking for a revolving form of credit, you could consider using the equity you hold in your home as collateral with our Living Equity Line of Credit.

  • Can be used for large purchase transactions or as a revolving form of credit.
  • Interest only repayments available for up to 10 years.
  • Repayments are calculated monthly. You are able to make payments as frequently as you want within each month to pay the monthly amount due.
  • Loans from $20,000 to $500,000.
  • Available funds can be drawn on at any time, up to your approved credit limit, with Heritage Online, our Mobile Banking App, a Visa Debit Card or chequebook.
  • Maximum loan term of 30 years.
  • Package your eligible Line of Credit and Credit Card into our Home Advantage Package to save with discounts on interest rates and fee waivers.

Line of Credit in Home Advantage Package*
4.30 % PA
New Owner Occupied rate in Package of $700,000+. Package criteria applies.
Line of Credit
4.86 % PA
New Owner Occupied Rate
Loan fees

Application Fee  $600
Monthly Fee $10
Settlement Fee $150
Loan Finalisation Fee $300
Transaction fees

A line of credit facility is a revolving form of credit secured against your property. This means you can draw on the funds within your approved available limit at any time. You can make transactions online, using a Visa Debit Card or with a chequebook (available on request).

Transaction Type 

Fee Per Transaction

Direct credits and debits Free
EFTPOS, Visa debit and Visa payWave
Counter cash deposits, withdrawals, transfers and BPAY® Free
Heritage ATM withdrawals, transfers and balance enquiries Free
Cheque deposits and presented cheques Free
Bank@Post Transactions Free
Overseas ATM or counter withdrawals (Visa)  $5.00 plus overseas currency conversion fee

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Our specialists will help you find the right product and support you through every step of your Home Loan purchase.

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