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ANZ has been rewarded for its “competitive rates and great features” by winning a prestigious home loan award.
Money magazine named ANZ its Home Lender of the Year after assessing 1,800 home loans from more than 100 lenders.
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“As Australia’s most awarded home lender, ANZ has gone back to basics this year to give customers what they really need in a home loan – competitive rates and great features,” the magazine said.
“In particular, options such as 100 per cent offset, the ability to redraw, and lower discharge and package fees helped ANZ stand out this year.”
ANZ chief executive Philip Chronican said the bank strived to create the best home loan experience for its customers.
“In addition to winning this award, we have had the equal lowest home loan variable interest rate for the past 12 months and we have grown our home loans faster than the market for the past 17 consecutive quarters in a competitive environment,” he said.
Comparison website Canstar recently gave ANZ five-star ratings for eight of its products.
Newcastle Permanent Building Society was the leading lender with 18 five-star ratings, followed by NAB with 11, IMB Building Society with nine and ING Direct with eight.
