The Mutual Bank has been recognised in the 2023 Mozo Experts Choice Awards for its excellent value home loans.
Each year, the team at Mozo analyses hundreds of home loans to determine which ones offer the best value and most useful features. Winners are selected across a range of categories, giving Aussies a handy starting point when shopping for a loan.
Among the top performers this year was our Special Budget Home Loan, which picked up an award in the Low Cost Home Loan category.
“With a competitive interest rate and no ongoing or annual fees, this option from the Mutual Bank was a clear standout,” said Mozo’s banking expert Peter Marshall.
Along with the loan’s low rates, borrowers can make extra repayments without being penalised. And if those additional funds are needed down the track, they can be retrieved using the free online redraw facility.
The Mutual Bank’s Chief Member Officer Matthew Dunnill said the win ties in nicely with one of the bank’s core goals — helping people thrive.
“With costs skyrocketing over the past year, we’re always looking for ways to make our customers’ mortgage journey more manageable and easier on their budgets,” he said.
“The Special Budget Home Loan rewards borrowers with some of the most competitive rates around, so they can direct more of their hard-earned money towards the things that matter to them.”
Learn more about the Mozo Experts Choice Awards here.
