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

Numbers crunched by Canstar Researchers

providers assessed

3,063

products rated

overall 5-Star Rated providers

Owner-Occupier Variable Results Owner-Occupier Fixed 1 and 2 Years Results Owner-Occupier Fixed 3 and 5 Years Results Investor Variable Results Investor Fixed 1 and 2 Year Results Investor Fixed 3 and 5 Years Results Line of Credit Results Read the methodology

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

Reduced Home Loans wins Canstar Outstanding value award

UBank wins Canstar Outstanding value award

Home Lender

Variable Home Lender

Investment Fixed Home Lender

Investment Home Lender

Investment Variable Home Lender

Line of Credit

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.

View Current Star Ratings and Awards

View the March 2020 Home Loan Star Ratings

2020 Home Loan Star Ratings