Greater Bank has secured the top spot in the industry’s home loan market, after taking out nine categories, including the prestigious Home Lender Bank of the Year Award, in the 2019 Mozo Experts Choice Awards for Home Loans.
In an independent analysis, experts from the financial comparison site, mozo.com.au, assessed 436 home loans from 85 lenders for its Mozo Experts Choice Home Loan Awards to locate the best value home loans in the market across a range of categories.
Greater Bank took out the highest honour, being announced Home Lender Bank of the Year, based on winning the most Home Loan product awards.
Its Great Rate Home Loan won four categories including three for owner occupiers and one for investors. Whilst its Ultimate Home Loan Package won an additional four categories with the same owner occupier and investor split. Proving the bank’s quality products extend for borrowers across both areas.
Greater Bank Group Executive Sales Marketing & Distribution, Craig Newham, said the scope of awards demonstrates the customer-owned bank’s ability to cater to a broad range of financial needs and offer those looking to invest a better alternative to the major banks.
“For our broad range of home loans to have been reviewed and awarded the top spot in nine categories by industry experts is a true honour and one that pays testament to our mission of delivering quality products that can be tailored to suit individual customer needs to help them achieve their financial goals,” Mr Newham said.
“We recognise that the needs and expectations of customers continue to evolve, which is why we are constantly working to stay ahead of the game. We have and will continue to invest in our business to ensure we are providing competitively priced quality products delivered by knowledgeable and committed people in a way that reflects outstanding customer service. | Craig Newham, Group Exec Sales Marketing & Distribution
“The recent report handed down by the Banking Royal Commission reinforced to the industry and the general public that customer-owned banks are now more than ever a reliable and competitive alternative to the big four banks. This coupled with the quality and value in our home loan products as recognised by Mozo, affirms our dedication to serving our customers and the communities in which we operate,” Mr Newham said.
Greater Bank’s success in this year’s Mozo Awards follows last month’s accolade of being named the Most Recommended Customer-owned Bank at the 2019 DBM Australian Financial Awards, based on the financial behaviour, attitudes and intentions of 62,400 Australians.
Greater Bank’s outstanding result in both distinguished Awards is a true reflection of the high regard both industry experts and customers alike have for the business and their willingness to recommend the customer-owned bank.
Now in their fifth year, the Mozo Experts Choice Home Loan Awards are designed to help borrowers cut through the complexity of the mortgage market and easily see which loans are best in class for value, whether they be first home buyers, refinancers or investors.
Mozo Director, Kirsty Lamont, said “Mortgage stress is a constant concern for many Australian households which is why it’s so important for borrowers to know where to look to for a great deal.”
“By looking for home loans awarded with the Mozo Experts Choice Home Loan badge, customers can save time and ultimately money,” says Lamont.
“At a time when mortgage repayments can be one of the biggest impacts on household budgets, finding a better value loan can really help to reduce the pressure on your finances.”
For the full list of winners and Awards methodology, Click Here.