Bank of Heritage Isle Home Loans
What types of home loans does Bank of Heritage Isle offer?
At the time of writing, Bank of Heritage Isle offers the following types of home loans:
Housing Loan
This loan is designed to help customers purchase a house. Features include a loan period of up to 30 years, no penalty for early repayments or lump sum payments, and an interest only option (1 year).
Home Equity Loan & Land Loans
This product is a mortgage secured loan which Bank of Heritage Isle says is designed to compliment a housing loan and could be used for home extensions and home improvements. Features include a loan period of up to 30 years, no penalty for early repayment, and internet and phone banking.
Investment housing loan
This loan is designed to help customers build an investment portfolio. Features include a loan period of up to 30 years, internet and phone banking, and an interest only option.
Canstar does not currently compare Bank of Heritage Isle home loans, but you can compare other home loan providers on Canstar’s database:
Bank of Heritage Isle home loan features
- Redraw facility available (minimum $500)
- Repayments may be made weekly, fortnightly or monthly
- Extra payments without penalty (on selected products)
- Early payout without penalty (on selected products)
- Auto repayments
The inclusions above represent a selection of the features that may be available with Bank of Heritage Isle home loans. Canstar is not making any suggestion or recommendation to you about a particular product. Additional conditions may apply to different features. Check upfront with Bank of Heritage Isle and ensure that you read the product disclosure statement (PDS) or other loan documentation to determine all the current loan terms and conditions for the product you are considering, and whether it meets your needs, before committing to it.
