2020 Mozo Experts Choice Home Loan Award-winners announced
When it comes to buying a house, finding the right home loan with a competitive interest rate and all the best features for you is just as important as picking a property.
And whether you’re a first home buyer or a seasoned property investor, locking down a loan can be a daunting part of the process.
So, to take some of the heat off and help steer you in the right direction, we’re super excited to announce to you the winners of the 2020 Mozo Experts Choice Home Loan Awards!
“Monthly mortgage repayments are usually the biggest household expense, so making sure that you’ve got a good deal can potentially save you thousands of dollars,” said Mozo banking expert Peter Marshall.
“Kicking off your search with a Mozo Experts Choice Award-winner is a great place to start.”
Picking the winners:
Our Mozo expert judging panel underwent a thorough assessment process to find the winners of the 2020 Mozo Experts Choice Home Loan Awards.
After analysing a total of 436 home loan products from 86 different lenders our Mozo experts finally chose the winners based on those offering great value or market-leading features across a whopping 13 different awards categories.
You can find all the nitty-gritty details about the full assessment criteria in the methodology report.
Online lenders lead the way:
As the online lending sphere continues to grow in popularity, this year we’ve seen more and more online lenders come out on top in the Mozo Experts Choice Home Loan Awards. In fact, this year, both ‘Lender of the Year’ awards went to online lenders.
Online Home Lender of the Year: Tic:Toc
Taking out an astonishing 7 wins in this year’s Mozo Experts Choice Awards for Home Loans, Tic:Toc has officially been crowned Online Home Lender of the Year for the second year in a row.
Tic:Toc’s Variable Home Loan took out an award in the Low Cost Home Loan, Offset Home Loan, First Home Buyer Loan and Investor Home Loan categories. The online lender’s Fixed Home Loan won awards in the Fixed Rate Home Loan and Investor Fixed Home Loan categories.
Home Lender Bank of the Year: UBank
The second online lender to come out of the 2020 Mozo Experts Choice Home Loan Awards with a prestigious title was none other than UBank who was crowned Home Loan Lender of the Year, racking up a whopping 5 Mozo Experts Choice Awards.
Online lender UBank’s UHomeLoan Fixed scored a Mozo Experts Choice Award in the Fixed Rate Home Loan and Investor Fixed Home Loan categories.
UBank’s UHomeLoan Discount Offer took out an award in the Low Cost Home Loan category and its UHomeLoan Discount Offer / UHomeLoan Fixed loan won an award in the Split Home Loan category.
“This year we saw two out of two Lender of the Year awards go to online lenders, an exciting indication of what we can expect for the future of lending,” said Marshall.
Standout winners:
On top of this, there were a few other standouts lenders who really caught the judges eyes and took out multiple wins in this year’s Mozo Experts Choice Home Loan Awards.
Athena, Homestar and Qudos Bank came out with 4 Mozo Experts Choice Awards, FreedomLend, UBank and Well Home Loans came out with 5, while Citi and Tic:Toc walked away with 7 awards.
Reduce Home Loans really stole the show, however, taking home which came out with a whopping 8 Mozo Experts Choice Home Loan Awards!
“Being one of our biggest categories, the competition in this year’s Mozo Experts Choice Home Loan Awards was fierce as always, with many lenders walking away with multiple wins,” Marshall said.
Be sure to check out the full 2020 Mozo Experts Choice Home Loan Awards winner list, or, for more options, hit up our home loan comparison tool! For more information, have a read of our methodology report.
Compare home loans - page last updated October 17, 2020
Search promoted home loans below or do a full Mozo database search. Advertiser disclosure.
Sorted by:
Mozo Order
- Macquarie
2.54% p.a. variable
2.81% p.a.
MacquarieOffset Home Loan
Owner Occupier, LVR<70%, Principal & Interest
2.54% p.a. variable
2.81% p.a.
Handy offset account to help pay your home loan off sooner. Up to 10 offset accounts per loan account available. Fee free access at ATMs. Waived credit card annual fee. $0 international purchase fees.
Go to siteCompare - loans.com.au
2.48% p.a. variable
2.50% p.a.
loans.com.auSmart Home Loan 80
Owner Occupier, Principal & Interest
2.48% p.a. variable
2.50% p.a.
A low-rate home loan that could save you thousands, with no ongoing fees plus unlimited extra repayments and free redraws. Mozo Experts Choice Low Cost Home Loan 2020.^ You'll need to be borrowing $1 million or less and have at least a 20% deposit required.
Go to siteCompare - HSBC
2.09% p.a.
fixed 2 years2.98% p.a.
HSBCFixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR <80%
2.09% p.a.
fixed 2 years2.98% p.a.
Have the security of a fixed rate for 2 years with the option to split with one of the HSBC variable Home Loans. No ongoing monthly service fees or annual fees. Mozo Experts Choice Fixed Home Loan 2020^
Go to siteCompare - Athena
2.34% p.a. variable
2.34% p.a.
AthenaCelebrate Variable Home Loan
<60% LVR, Owner Occupier, Principal & Interest
2.34% p.a. variable
2.34% p.a.
Fast online application with no fees. Free extra repayments and redraw facility. Min 40% deposit. Crowned Best New Home Loan for 2020 by the Mozo Experts.^
Go to siteCompare Hot DealUp to $1,500 cash back on refinances (T&Cs apply)
Homestar2.29% p.a. variable
2.32% p.a.
CompareDetailsHomestarStar Essentials Home Loan
Owner Occupier, Principal & Interest
2.29% p.a. variable
2.32% p.a.
Low Cost Home Loan 2020 winner.^ A home loan packed with all the essentials and offering up to $1500 cashback and no ongoing fees. No Construction loans.
Compare
^See information about the Mozo Experts Choice Home Loans Awards
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