Heritage Bank home loan named amongst Australia’s best for value

Borrowers can turn to Heritage Bank for one of Australia’s best value home loans according to the 2019 Mozo Experts Choice Home Loan Awards announced today.

21 March 2019

Borrowers can turn to Heritage Bank for one of Australia’s best value home loans according to the 2019 Mozo Experts Choice Home Loan Awards announced today. 

Heritage’s Variable Rate Loan (Home Advantage) was announced as a winner in the Packaged Home Loan category for delivering exceptional value and benefits to Aussie customers. The Award continues what’s been a very successful year for Heritage so far, last month named Roy Morgan Bank of the Year for Customer Satisfaction.

Heritage Bank CEO Peter Lock said, “Buying a home is a huge financial investment. One of the biggest drivers for us as a customer-owned bank is making sure we deliver genuine value to support our customers and their lifestyles. 

“This recognition from Mozo’s expert panel shows we are following through and doing just that.”

Mozo director Kirsty Lamont said, “Choosing the best value home loan could save borrowers thousands of dollars over the life of their mortgage, and help them pay if off years faster,” 

“With its competitive rate, zero fees for extra repayments, redraw facility and loan portability, Heritage Bank’s Variable Rate Loan (Home Advantage) offers great value for customers.”

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. For the 2019 Awards, Mozo assessed 436 home loans from 85 lenders determine the best value loans in the market.

“By looking for home loans awarded with the Mozo Experts Choice Home Loan badge, customers can save time and ultimately money,” said Ms 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.”

About the Mozo Experts Choice Awards 

The Mozo Experts Choice Awards are an initiative that recognises Australia’s best value products and helps Australians to save money by choosing better products. Experts Choice Awards are given to those products that represent the best value in their category. In carrying out the Mozo Experts Choice Awards in Home Loans Mozo analysed 436 products issued by 85 Australian financial institutions based on data contained in Mozo’s product database as at 20th February 2018.

For the full list of winners and Awards methodology, visit: https://mozo.com.au/expertschoice/best-home-loans