A path to retirement village living
Designed for Kiwis planning to move into a retirement village, our Village Access Loan uses the value of your current house to fund your next move - without needing to sell it first.
Download an application form
Why choose a Village Access Loan?
No regular repayments
No repayment required until the end of the loan.
Access the funds you need
Borrow up to 50% of your house’s value to fund entry into a retirement village.
3 year maximum loan term
A 3 year maximum fixed term allows you to plan your move.
Equity protection option
You can choose to protect a percentage of the eventual net sale proceeds of your home.
Are you eligible?
To apply for a Village Access Loan you must:
- be 60 years or older (oldest borrower)
- use the loan to purchase an occupation right in a retirement village
- have a minimum property value of $250,000
- have a solicitor provide legal advice on your loan agreement.
Heartland’s responsible lending criteria, terms, conditions, and fees apply.
How to get a Village Access Loan
1
Apply
Download and fill out the
application form,
then send it to
[email protected].
We will guide you through the rest.
2
Approval
After your application is complete, we will value your house.
We’ll review your application and provided you meet our criteria, we’ll make you a loan offer.
3
Settlement
We’ll send your loan documents to your solicitor for independent legal advice as long as your application meets our criteria.
If you choose to proceed, simply sign and return the documents for settlement of your loan.
Further information
Contact us
[email protected]
The Village Access Loan team will get back to you within one business day.
Call us on 0800 225 373
Monday to Friday,
8.30am - 5.00pm
8.30am - 5.00pm
