2024 Home Loan Awards
Australia’s biggest comparison site, Canstar, releases its
2024 Home Loan Awards.
Released: 22 February, 2024
About the Home Loan Awards
Canstar’s Home Loan Awards recognise the lenders that provide outstanding value and serve a range of home loan borrowers with their suite of home loan products.
Learn more about our Award process in the methodology.
Numbers crunched by Canstar Researchers
- 80 providers assessed
- 5,960 products considered
- 4,694 products rated
- 96 consumer profiles considered
- 22 award-winning providers
Read our methodology →
View the full Star Ratings results →
View all Star Ratings and Awards →
About this year’s awards
Over the last 12 months, the Australian mortgage market experienced unprecedented interest rate volatility, impacting homeowners and prospective buyers alike. Borrowers on a variable-rate encountered relentless rate rises, while many of those with fixed-rate loans from the COVID era continue to experience bill shock when their terms come to an end.
The year highlighted the importance for homeowners to carefully consider their mortgage arrangements and choose the right provider.
Canstar’s Home Loan Awards recognise the providers who offer outstanding value in both price and features. Whether you’re an investor or owner occupier looking to take out a new home loan or refinance an existing one, these awards could help you make a more informed choice.
Canstar’s Home Loan Awards leverage our sophisticated Home Loans Star Ratings methodology to identify the lenders who have best served a range of home loan customers over the preceding six-month observation period.
Congratulations to the Award winners
(Winners are listed alphabetically)
Australian Mutual Bank
Outstanding Value Award
– Home Lender
– Fixed Home Lender
– Investment Home Lender
– Investment Fixed Home Lender
BankVic
Outstanding Value Award
– Home Lender
– Variable Home Lender
Bendigo Bank
Outstanding Value Award
– Home Lender
– Variable Home Lender
– Investment Variable Home Lender
Beyond Bank
Outstanding Value Award
– Investment Variable Home Lender
Community First Bank
Outstanding Value Award
– Home Lender
– Variable Home Lender
– Fixed Home Lender
– Investment Variable Home Lender
Easy Street
Outstanding Value Award
– Home Lender
– Variable Home Lender
– Fixed Home Lender
– Investment Home Lender
– Investment Variable Home Lender
– Investment Fixed Home Lender
Greater Bank
Outstanding Value Award
– Fixed Home Lender
– Investment Home Lender
– Investment Fixed Home Lender
Horizon Bank
Outstanding Value Award
– Fixed Home Lender
– Investment Fixed Home Lender
Hume Bank
Outstanding Value Award
– Home Lender
– Variable Home Lender
– Investment Home Lender
– Investment Variable Home Lender
– Investment Fixed Home Lender
Illawarra Credit Union
Outstanding Value Award
– Fixed Home Lender
IMB
Outstanding Value Award
– Fixed Home Lender
LCU
Outstanding Value Award
– Variable Home Lender
Loans.com.au
Outstanding Value Award
– Variable Home Lender
Newcastle Permanent
Outstanding Value Award
– Investment Home Lender
– Investment Variable Home Lender
– Investment Fixed Home Lender
Pacific Mortgage Group
Outstanding Value Award
– Home Lender
– Variable Home Lender
– Investment Home Lender
– Investment Variable Home Lender
Qudos Bank
Outstanding Value Award
– Home Lender
– Fixed Home Lender
Queensland Country Bank
Outstanding Value Award
– Investment Home Lender
– Investment Variable Home Lender
Regional Australia Bank
Outstanding Value Award
– Fixed Home Lender
Summerland Bank
Outstanding Value Award
– Investment Fixed Home Lender
Tiimely Home
Outstanding Value Award
– Home Lender
– Variable Home Lender
Unloan
Outstanding Value Award
– Variable Home Lender
Up
Outstanding Value Award
– Fixed Home Lender
Does Canstar rate other products?
Insurance
Accounts and Transfers
About Canstar
Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest rates, buy now pay later (BNPL), business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.
FAQs
About: Josh Sale, Group Manager, Research & Ratings
Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)
Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.
As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.
Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.
Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.
You can follow Josh on LinkedIn, and Canstar on Twitter and Facebook.