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.

 

 

 

HomeStar was awaded the presigious title of Non-Bank Lender of the Year in 2009 by Your Mortgage Magazine. This follows a similar award in 2008, leaving HomeStar as the undisputed leader in the Non-Bank sector in Australia.

 

 'A wide range of top products from HomeStar Finance have ensured it this year's award as our Non-Bank Lender of the Year'HomeStar won three silver medal and two Bronze medals in the 2009 competition as well as rating a close second in the Mortgage of the Year competition.

 

 

Your Mortgage magazine is Australia's leading magazine dedicated to residential and investment property finance. Published bi-monthly, it is an essential resource for homebuyers and investors covering all aspects from: Information for first time buyers, re-financiers, investors and mortgage industry professionals, plus the latest information and strategies for purchasing property. Your Mortgage also features three major sections - the Home Buyers Guide, Home Price Guide tables and property investment features.

 

 

Money magazine specialises in offering credible, well-researched reports and expert advice from Australia’s most respected financial writers including Paul Clitheroe and Ross Greenwood. The magazine is designed to help people manage their finances by providing them with jargon free information that is easy to understand. Each year, Money magazine hold the Consumer Finance Awards and this year HomeStar was awarded the 2008 Non Bank Lender of the Year Award.