Canstar, Australia’s premier financial data provider, has awarded Heritage three 5-Star Ratings for Outstanding Value Business Loans for three products, the Business Line of Credit – Residential Security, Business Overdraft – Residential Security and the Business Line of Credit – Non-Residential Security.
A total of 4871 home loans were considered by Canstar in its latest Home Loans Star Ratings research. After applying the company’s eligibility criteria, 3209 products from 92 lenders across the country were rated to determine the loans offering Australians outstanding value. Heritage Bank was recognised for its consistent performance across both Variable and Fixed Rate home loans for Owner Occupiers placing them in the top 10 per cent of the market.
Heritage CEO, Mr Peter Lock, said, “Buying a home is a long-term commitment and deserves careful consideration given the huge number of home loans and lenders available. The Canstar Star Ratings system helps cut through the noise of a heavily saturated home loan market to identify products that represent outstanding value, both in terms of price and features. As a customer-owned bank, our aim is support our members by providing genuine value through our range of products and services and to be recognised as one of the best value home lenders in the country by such a highly respected organisation like Canstar is a great indication and we are doing just that.”
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