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Gateway Bank’s Low Rate Essentials and Premium Package named as two of the nation’s best value home loans

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Sydney, 22 March 2018: Gateway Bank’s Low Rate Essentials and Premium Package have been recognised as two of the best value home loans in Australia by mozo.com.au. 

 

In an independent analysis for its Mozo Experts Choice Home Loan Awards, experts from the financial comparison site reviewed the market to locate the best value home loans across several categories including variable, fixed, packaged, first home buyer and investor home loans. 

According to Gateway Bank CEO, Paul Thomas, the accolades prove Gateway’s unwavering commitment to its Members, “Earlier this year, as part of our strategic vision, we began trading as a customer-owned bank. These awards demonstrate that we have continued to deliver the best services, products and value in an ever-competitive market.”

“With 525 homes loans under our experts’ radar this year, to be receiving a Mozo Experts Choice Award indicates these home loans are among the country’s best in terms of value,” says Kirsty Lamont, Mozo Director. 

“Competition in the home loan market is rife right now. Our Mozo Experts Choice Home Loan Awards are here to help borrowers cut through slick marketing by spotlighting the lenders delivering borrowers the best value for money.”

“Mortgage stress is a constant concern for many Australian households which is why it’s so important for borrowers to know where to look to for a great deal. Switching to a better value lender can save tens of thousands of dollars over the life of the loan.”

In recognition of its great ongoing value for home loan customers, Mozo awarded Gateway Bank’s Low Rate Essentials best value Low Cost Home Loan, Premium Package best value Fixed Home Loan, and Premium Package best value Split Home Loan. 

-ENDS-

About the Mozo Experts Choice Awards 

The Mozo Experts Choice Awards are an initiative that recognises Australia’s best products and helps Australians to save money and choose better products. Awards are given to those products that represent the best value in their category. In carrying out the Mozo Experts Choice Awards in Home Loans we analysed 525 products issued by 88 Australian lenders based on data contained in Mozo’s product database as at 22nd February 2018. For the full list of winners and Awards methodology, visit: https://mozo.com.au/expertschoice/best-home-loans