Christmas bonus from Heritage Bank for new borrowers

With Christmas just around the corner, Heritage Bank has joined in the spirit of giving by offering a special deal on new variable rate home loans.

From now until Christmas Eve, Heritage will be waiving the application fees for new borrowers taking out Standard Variable and Discount Variable home loans.

That’s a saving of up to $600.

This special deal applies to principal and interest loans, interest only, investment and owner occupier loans for the above products.

CEO Mr John Minz said the special deal was just another reason for borrowers to consider Heritage for their home loan.

“Heritage already offers fantastic deals on our variable rate home loans, and now we’re making them even more attractive with this great pre-Christmas offer.

“We’re currently offering a special Discount Variable rate of just 4.69%, for loans over $150,000 and up to 80% loan to value ratio.

“Our Standard Variable rate is just 4.99%

“The application fee waiver is a great reason to check out what Heritage has to offer and receive an early Christmas present.

“But don’t leave it too late – this offer is only available on new Standard Variable and Discount Variable loans applied for by close of business on Christmas Eve,” Mr Minz said.

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.