Skip to content

How do you stay in your family home?


Big rates increases, medical expenses, other unexpected costs – they can put a real strain on your retirement income.

Home Equity Loans are designed for customers aged over 65 years and allow you to access value in your home without having to sell it.

Heartland Bank is the largest provider of Home Equity Loans in New Zealand, helping over 7,500 customers achieve a more enjoyable retirement.

Heartland’s promise to you:

  • Lifetime occupancy guarantee:  You can remain in your home for as long as you like.
  • No negative equity:  The amount required to repay the loan will never exceed the net sale proceeds of the property.  Before taking our the loan we’ll show you projections of how much will need to be repaid at any time, so there are no surprises for you and your family.
  • Equity protection option:  If you want to keep an amount of capital in your home set aside, for your family or for a future home for example, we’ll work with you to make sure it remains protected.
  • No regular payments required:  You can choose whether to make repayments.  If you choose not to, the interest will simply compound and the loan and accumulated interest will be repayable when you see your home or no longer live in it.

The money from a Home Equity Loan can be used for anything you like.

Here are some examples of what others have used their Home Equity Loan for:

  • Home renovations
  • Medical procedures
  • A holiday overseas
  • Debt repayment
  • Help children and/or grandchildren buy homes of their own
  • Remove the everyday stress from bills and rate payments


InvestmentsNorthland086a8x121-150x150“Home Equity Loans, Reverse Annuity Mortgages are certainly not for everyone.  During my 19+ years as the owner/operator of this financial advise business I have never assisted any client to take out one of these mortgages.  However it might be right for you, so if you are interested in finding out more or discussing whether or not this may be an appropriate option to look at in your own particular situation please contact me in the first instance at no cost and no obligation”




More news

NZ Funds Market Update #7

Executive Summary Global share markets are now 22% above their lows. NZ Funds has successfully mitigated the downside and will continue to fully participate in the share market recovery. The
Read More

See how NZ Funds ‘Downside Mitigation’ has helped in the current crisis

We have often mentioned that NZ Funds developed and implemented a downside mitigation strategy following the Global Financial Crisis to protect client’s portfolio values should another major event occur.   The strategy
Read More