AIMS Home Loans has received a mortgage industry award for its basic variable home loan product, AIMS Super Rate.
The loan achieved a five-star rating from financial services research group Cannex in its mortgage product survey.
A five-star rating denotes superior value for borrowers, taking into account the product benefits and features as well as interest rates
, fees and other costs.
The AIMS Super Rate offers a low interest rate of 6.44% pa with no ongoing fees. Customers can borrow up to 80% of the value of the property they wish to purchase.
Greg Stevens, AIMS Home Loans general manager for servicing and marketing, said: "Our fantastic showing in the latest survey is a recognition of our continuing efforts to improve the features of our products, especially for the AIMS Super Rate, which has been enhanced to include redraws, additional repayments and availability for residential investment property."
More than 2,000 products from over 140 institutions Australia-wide were reviewed in the survey.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now