Hunter-based Greater Bank named Australia’s top home lender

A team of industry experts named the fighter based on Big Bank as Australia’s leading mortgage lender.

Financial comparison site Mozo announced the winners of its 2022 Experts Choice Awards for home loans this week.

And, Greater Bank won the highest honor in the category, the prestigious Home Lender Bank of the Year award.

The local financial institution received kudos after winning the most home loan product sections.

Greater Bank’s Discount Home Loan/Discount Ultimate Home Loan product received two awards for Split Home Loan, while the Discount Ultimate Home Loan (Package) product received Fix Rate Home Loan and Investor Fixed Home Loan trophies.

The Mozo Experts Choice Home Loan Awards are determined by independent analysis, which evaluated 441 home loans from 89 lenders to locate the best home loans on the market across a range of categories.

Craig Newham, Greater Bank Group Sales, Marketing and Distribution Director, said the award was a wonderful recognition, not only for the quality of the products offered by the customer-owned bank, but also for the people working in behind the scenes to offer customers a quality offer.

“Buzzing real estate marketing, historically low interest rates, along with our quality mortgage product offering have been the foundation for what has been a very successful 2021 calendar year for lending at Greater Bank,” said he explained.

“As a customer-owned bank that reinvests profits back into the business, we were well positioned to offer customers the lowest one- and two-year fixed rates ever seen in Australia.

“It’s not just interest rates that determine the value of our loan products.

“Customers can get a greater advantage with Greater Bank thanks to our wide range of benefits, including lower fees, quality features such as free online withdrawals and flexible payment options.”

Mr. Newham also took the time to congratulate the organization’s staff.

“This award is also a great recognition for our people,” he said.

“They work tirelessly every day to provide our customers with the exceptional products and services they expect from a bank owned by top-tier customers.”

Greater Bank currently serves over 270,000 customers across New South Wales and South East Queensland.

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