The bank says the only condition is that all the required information, including bank statements and any supporting documentation, have been included in the application..
The pledge will not cover weekends and public holidays.
Heartland also says an online application process brings lower costs which can be passed on to the customer.
"People shouldn’t need to pay so much for their mortgage,” Heartland Bank CEO Chris Flood explained,
"Our home loan application is disrupting the traditional market in favour of a speedy digital solution, one which can offer customers market-leading rates and time savings.”
Heartland currently offers two and three year fixed residential mortgage rates, at 3.79% p.a. and 4.15% respectively.
But to qualify, customers must be refinancing or purchasing a standalone house on a single section in an urban New Zealand centre, have a deposit or equity of at least 20%, own the property in their own name and intend to live in the house.
