The home loan that has Bendigo Bank scooping up top awards

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There are two key things every person wants in their home loan: a low rate and a lender they can trust. That’s why it’s no surprise to see Bendigo Bank absolutely sweeping in our annual home loan awards.

It makes sense: Bendigo Bank are long-standing winners in the Mozo People’s Choice Awards for Banking^^, known for their excellent customer service and trustworthiness. 

As well as scoring an overall Exceptional Value Home Lender award in the 2024 Mozo Experts Choice Home Loan Awards^, the Bendigo Bank Express Home Loan scooped up awards in 4 individual categories - Low Cost Home Loan, Offset Home Loan, First Buyer Home Loan, and Investor Home Loan. 

You only need a 10% deposit to snap up this low rate home loan with the option for multiple 100% offset accounts, and flexible features like a redraw facility and early repayments. You can also choose between variable and fixed rate options.

The loan is only applicable when buying or refinancing an established property in a capital city or major regional centre so if this sounds like you read on to learn more about the Express Home Loan as well as some of the other standouts in this year's awards below. 

Bendigo Bank's award-winning home loan

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Important disclosures and comparison rate warning*
Bendigo Bank Express Fixed Home Loan
  • 5.54% p.a. 2 year fixed rate (6.11% p.a. comparison rate*)
  • Offset account and redraw facility
  • 2024 Mozo Experts Choice Exceptional Home Lender^

The online-only Express Home Loan allows live-in borrowers to lock in a 2 year fixed rate of 5.54% p.a. (6.11% p.a. comparison rate*). Other fixed rate terms are available up to 5 years. You'll also net features to help you save on interest including an offset account, redraw facility and the ability to make free extra repayments (of up to 20% in fixed period). You can borrow up to $10 million and have the flexibility to split. Only a 10% deposit is required. Keep in mind that there is a $10 monthly service fee and a $134 electronic valuation fee.

More Mozo Experts Choice Award winning home loans

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Important disclosures and comparison rate warning*
Unloan - Variable Home Loan
  • 5.99% p.a. variable rate (5.90% p.a. comparison rate*)
  • Zero upfront or ongoing fees
  • Low cost home loan winner - Mozo Experts Choice Awards 2023 & 2024^

Unloan’s Variable Home Loan has taken out a low cost home loan award for the second year running in the Mozo Experts Choice Awards^. Built by CommBank, Unloan offers owner-occupiers a super low 5.99% p.a. variable rate (5.90% p.a. comparison rate*) along with a loyalty discount that shaves 1 basis point off your interest every year for up to 30 years. Loan features include free extra repayments and redraw, and there are no pesky fees to pay. Available for loans of up to $10M. Minimum 20% deposit. 

What are the 2024 Mozo Experts Choice Home Loan Awards?

When it comes to choosing a home loan lender Australians are spoilt for choice. With this freedom comes the challenge of knowing which lender can provide the best deal.

That’s where the 2024 Mozo Experts Choice Home Loan Awards come in.

This year, our experts analysed 475 home loans from 99 lenders to uncover the products that stand out from the pack.

With categories ranging from Best Low Cost Loan to Best Green Loan, both investors and owner occupiers are bound to find a home loan that’s right for them. 

Head on over to our 2024 Mozo Experts Choice Home Loans page to see who else made this year’s winner list.

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Want to compare more home loans? View the latest mortgage rates from over 80 lenders at Mozo's home loan comparison hub.


* 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

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

^^See information about the Mozo People's Choice Awards for Banking