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


A team of industry experts have named the Hunter-based Greater Bank as Australia’s leading home lender.

Financial comparison site Mozo announced the recipients of its 2022 Experts Choice Awards for Home Loans this week.

And, Greater Bank took home the category’s highest honour, the prestigious Home Lender Bank of the Year Award.

The local financial institution received the plaudit after winning the most Home Loan product sections.

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

The Mozo Experts Choice Home Loan Awards are determined through an independent analysis, who assessed 441 home loans from 89 lenders for it to locate the best value home loans in the market across a range of categories.

Greater Bank group executive, sales, marketing and distribution Craig Newham said the award was wonderful recognition, not only for the quality of products offered by the customer-owned bank, but also the people working behind the scenes to deliver customers a quality offering.

“A hot housing marketing, record-low interest rates, along with our quality home loan product offering were the foundations for what was a very successful 2021 calendar year for lending at Greater Bank,” he explained.

“As a customer-owned bank that reinvests its profit 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 though that determine the value of our lending products.

“Customers can gain a greater advantage with Greater Bank through our extensive range of benefits, including lower fees, quality features such as free online redraws and flexible payment options.”

Mr Newham took time to praise the organisation’s staff, too.

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

“They work tirelessly every day to deliver our customers with the outstanding products and services that they come to expect from a leading customer-owned bank.”

Greater Bank currently services more than 270,00 clients across NSW and South-East Queensland.

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