2020 Home Loan Star Ratings

2020 Home Loan Star Ratings

Canstar’s Home Loan Star Ratings use a sophisticated and unique methodology that compares both price and features across home loan products and providers on our database. Products are assigned a Star Rating from one to five stars, with a 5-Star Rating representing outstanding value. 

Based on these product results, certain lenders are awarded an overall 5-Star Rating in recognition of the outstanding value they provide to consumers in various categories.

Released September 2020

Rates at record lows, but which home loans offer ‘outstanding value’?

The home loan market is as competitive as ever, with lenders racing to the bottom on interest rates – so how did the winners of our most recent Home Loan Star Ratings manage to stand out from the pack?

2020 Overall 5-Star Rated Lenders

Fixed Home Lender
Adelaide Bank wins Canstar Outstanding value award
AMO
ANZ
BankSA: Outstanding Value Award Winner | Canstar
Reduced Home Loans wins Canstar Outstanding value award
St George: Outstanding Value Award Winner | Canstar
UBank wins Canstar Outstanding value award
Home Lender
AMO
ANZ
BankSA: Outstanding Value Award Winner | Canstar
mortgage house
Reduced Home Loans wins Canstar Outstanding value award
St George: Outstanding Value Award Winner | Canstar
Variable Home Lender
HomeStar
Loans.com.au logo
mortgage house
Reduced Home Loans wins Canstar Outstanding value award
Investment Fixed Home Lender
Adelaide Bank wins Canstar Outstanding value award
AMO
ANZ
UBank wins Canstar Outstanding value award
Westpac: Outstanding Value Award Winner
Investment Home Lender
Adelaide Bank wins Canstar Outstanding value award
AMO
ANZ
mortgage house
Investment Variable Home Lender
HomeStar
mortgage house
Reduce Home Loans logo
Line of Credit
BankVic: Outstanding Value Award Winner for credit cards
GreaterBank
Suncorp logo

About Star Ratings

Canstar's Star Ratings are unique. We evaluate literally thousands of products from hundreds of financial institutions. Our expert researchers analyse every product by comparing price and features to determine what represents value.