2020 Mozo Experts Choice Home Loan Award-winners announced

By Rhianna Dews · · 5 min read
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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.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more home loans here.
Last updated 16 March 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing
  • Promoted

    Unloan Variable Home Loan

    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    • Redraw available
    Interest rate
    5.74 % p.a.
    Variable
    Comparison rate
    5.65 % p.a.
    Initial monthly repayment
    $2,915
    Go to site
    • RATE CUT NOW LIVE!
    • The first home loan with an increasing discount (conditions apply)
    • No application or banking fees
  • Promoted

    Basic Home Loan

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Redraw available
    Interest rate
    5.89 % p.a.
    Variable
    Comparison rate
    5.91 % p.a.
    Initial monthly repayment
    $2,962
    Go to site
    • No ongoing fees
    • Free redraw from your loan using Macquarie Online
    • No account management fees
  • Promoted

    Variable Home Loan 90

    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.79 % p.a.
    Variable
    Comparison rate
    5.83 % p.a.
    Initial monthly repayment
    $2,931
    Go to site
    • RATE CUT NOW LIVE!
    • No monthly or ongoing fees
    • Option to add an offset for 0.10% p.a.

  • Switch & Save One Year Fixed Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • Offset available
    • Redraw available
    Interest rate
    5.54 % p.a.
    Fixed 1 year
    Comparison rate
    5.74 % p.a.
    Initial monthly repayment
    $2,852
    Go to site
    • No penalty for early payout
    • No penalty for making additional payments
    • 100% Savings Offset facility

  • Basic Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 30% min deposit
    • Redraw available
    Interest rate
    5.55 % p.a.
    Fixed 2 years
    Comparison rate
    5.85 % p.a.
    Initial monthly repayment
    $2,855
    Go to site
    • No ongoing fees
    • Free redraw from your loan using Macquarie Online.
    • No application or account management fees

  • Offset Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 30% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.55 % p.a.
    Fixed 2 years
    Comparison rate
    6.08 % p.a.
    Initial monthly repayment
    $2,855
    Go to site
    • Open up to 10 offset accounts
    • No fee to redraw or split into multiple loan accounts
    • Variable and fixed rates available

  • Switch and Save Home Loan

    • Owner occupier
    • Principal & Interest
    • Offset available
    • Redraw available
    Interest rate
    5.64 % p.a.
    Variable
    Comparison rate
    5.75 % p.a.
    Initial monthly repayment
    $2,883
    Go to site
    • No penalty for early payout
    • No penalty for making additional payments
    • 100% Savings Offset facility

  • Fixed Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 5% min deposit
    • Redraw available
    • Cashback
    Interest rate
    5.69 % p.a.
    Fixed 2 years
    Comparison rate
    6.00 % p.a.
    Initial monthly repayment
    $2,899
    Go to site
    • Get up to $4,000 cashback (T&Cs apply)
    • Up to 12 months repayments in advance without penalties
    • Split loan available

  • Unloan Variable Home Loan

    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    • Redraw available
    Interest rate
    5.74 % p.a.
    Variable
    Comparison rate
    5.65 % p.a.
    Initial monthly repayment
    $2,915
    Go to site
    • RATE CUT NOW LIVE!
    • The first home loan with an increasing discount (conditions apply)
    • No application or banking fees

  • Simple Home Loan Variable

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Redraw available
    Interest rate
    5.74 % p.a.
    Variable
    Comparison rate
    5.74 % p.a.
    Initial monthly repayment
    $2,915
    Go to site
    • No application, ongoing or monthly fees
    • Make additional repayments at any time
    • Access your money via internet banking at any time
Showing 9 results from 417 home loans. Use the filters to see more

* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

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