Commenting on the award, ANZ Australia CEO Philip Chronican said: “We’re very pleased to once again be named Home Lender of the Year. We’re always striving to create the best home loan experience for our customers, who are the real judges.
“Buying a home is arguably the most important financial decision most people will make during their lifetime, so as a bank, our role is to make the process simpler for customers.
“Since we launched the Banking on Australia program in 2012, we’ve been investing in ways to deliver better outcomes for our customers and we’re very pleased to receive industry recognition of our efforts.
“In addition to winning this award, we have had the equal lowest home loan variable interest rate for the past 12 months and we have grown our home loans faster than the market for the past 17 consecutive quarters in a competitive environment,” Mr Chronican said.
Money magazine editor Effie Zahos said: “As Australia’s most awarded home lender, ANZ has gone back to basics this year to give customers what they really need in a home loan – competitive rates and great features.
“In particular, options such as 100% offset, the ability to redraw and lower discharge and package fees helped ANZ stand out this year,” Ms Zahos said.
Money magazine’s Home Lender of the Year award assesses 1,800 home loans from over 100 lenders. The Award is based on a comparison of the cost of a Home loan (including interest rate and fees), and over 200 features of variable, fixed and line of credit home loans.