Heartland Reverse Mortgage Interest Rate Change

11th Jul, 2022 | Branch News 12 July 2022, Lender Updates

In this article:
Starting from the 6th of July 2022.

On 6 July 2022, Heartland’s Standard Reverse Mortgage Variable Rate will increase to 6.05% p.a. (comparison 6.07% p.a.*) from 5.50% p.a. (comparison 5.53% p.a.*).

*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.

Their new fee schedule can be found here.

If you have any questions, refer to your YBR BDM.