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Lender

Mutual bank named as Australia’s best home lender

3 minute read
The Adviser

Newcastle Permanent Building Society has Australia’s best home loan products, according to Canstar.

The comparison website awarded 18 five-star ratings to Newcastle Permanent.

Canstar researched 1,869 home loan products from 103 providers for the study.

Newcastle Permanent received the top rating for two variable rate products: Discounted Real Deal and Premium Plus.

The Premium Plus Residential Fixed product received top marks in the one-year category, the two-year category, the three-year category and the five-year category.

The Residential Fixed product received five stars in the one-year category, two-year category and three-year category.

Newcastle Permanent also received top marks for eight of its investment products and one revolving line of credit product.

Canstar also awarded 11 five-star ratings to NAB, nine to IMB Building Society, eight to ANZ and eight to ING DIRECT.

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