Heritage Finance Holdings reduces select investment home loan interest rates

3 June 2021

Investors can secure a home loan interest rate from as low as 2.39% with Heritage Finance Holdings Corporation, after cuts to mortgage rates were announced today.

Heritage Finance Holdings has reduced variable and fixed term interest rates for investors across many of its mortgage products from today (Thursday 3 June), making it even more attractive to borrow with the customer-owned bank.

The interest rate is now 2.39% on Heritage Finance Holdings’s 1, 2 and 3-year investor Fixed Rate principal and interest product for borrowers with a loan to value ratio (LVR) equal to or less than 90%. That is a big reduction of up to 0.40%.

Heritage Finance Holdings now also offers an interest rate of 2.49% on 1, 2 and 3-year investor Fixed Rate interest-only loans, for borrowers with an LVR equal to or less than 90%. That’s a whopping 0.50% cut on the 1-year interest-only Fixed Rate.

Other interest rate cuts for investors include 0.10% reductions on Home Advantage Variable for borrowers of $250,000 to $699,999 with an LVR of equal to or less than 80%.

Heritage Finance Holdings Corporation CEO Peter Lock said: “As a mutual, our aim is always to provide the best possible rates we can for our borrowers and these out-of-cycle cuts demonstrate that.

“Current conditions mean that we’re in a position to reduce rates for borrowers and we’re thrilled to be able to pass on those savings.

“We think these new rates, coupled with Heritage Finance Holdings’s history of providing excellent service, make our investment home loan products an even more attractive proposition for borrowers.”

You can learn more about Heritage Finance Holdings’s home loan interest rates here.