 |
|
A Multi-award Winner
Best New Product - Gold
Best Lender Website - Gold
Best 5-Year Fixed Loan - Gold
Best Introductory Loan - Silver
Best Line of Credit Loan - Bronze
Best 3-Years Fixed Loan - Bronze
|
HomeStar clinched the tightly-fought Non-Bank Lender of the Year Award for the second year running, by amassing a hugely impressive tally of three gold awards, one silver and two bronze in this year’s Your Mortgage magazine Mortgage of the Year Awards.
HomeStar’s Rate Stopper put in a particularly outstanding performance, picking up a gold award in the Best New Product category and silver in the Best Introductory Loan category. HomeStar’s fixed rate products also performed very well, with the HomeStar 5-Year Fixed Rate Loan picking up gold, boosted by its competitive comparison rate and flexible features. The 3-Year Fixed Rate Loan wasn’t far behind, taking the bronze award in this category.
One of the biggest competitive advantages of HomeStar products is their zero upfront costs. This means borrowers are not hit with massive costs that could amount to several hundreds to thousands of dollars right at the start.
By not charging these hefty fees, refinancing from other lenders would be a lot easier and more attractive.
Another strong aspect of HomeStar’s loan offering is the transparency of their products’ fees, interest rates and features. This makes it a lot easier to do a meaningful comparison of the available products in the marketplace.
Of course, all the winning loans offer a range of flexible features including the ability to make free additional repayments and direct salary crediting. This allows customers to pay their entire income into the loan account to help to reduce repayments. All the loans except the fixed rate range offer redraw facilities as well as the ability to transfer the loan to a new property as security.
Customers can get hold of their money by a range of means, including phone, BPAY and internet banking.
The wide spread of top-performing products all added up to a non-bank lender that can be counted on to offer some of the best rates and lowest overall cost, no matter what product you are after.