RateCity announces the winners of the third annual RateCity Gold Awards in the home loans vertical.
The RateCity Gold awards celebrate lenders that offer consistently competitive products to Australian consumers.
Celebrating products across home loans, personal loans, car loans, savings accounts, bank accounts and term deposits, RateCity Gold Awards mark the best in personal and consumer finance products across the board. The winners of the home loans category have been announced.
In the coveted Best Variable Home Loan category, some of the winners include Tic:Toc Home Loans, Reduce Home Loans and Homestar Finance. Whereas, ING, St George Bank and Homeloans.com.au were the front-runners in the Best Investor Home Loan category.
WLTH won a RateCity Gold Award for its Ocean Owner Occupied Variable (No Annual Fee) product under the Best Refinance Home Loans category.
One of the new awards to the RateCity Gold Awards suite is the Best Green Home Loan which saw loans.com.au leading the pack.
The winners are those that score consistently the highest in Real Time RatingsTM. The top 10 percent in each category are awarded a RateCity Gold Award – a signal to consumers that this product is one of the best options in market.
RateCity’s own Real Time RatingsTM is a unique system which gives every product and lender in our database a score out of five, based on cost and flexibility features.
These scores are calculated every day, capturing product changes as they happen – a factor that is unique to RateCity’s Gold Awards methodology. To determine the Gold
Award winners, RateCity averages the daily Real Time RatingsTM scores over a six-month period. Thus recognising the consistent top performers in each category.
RateCity’s Gold Awards began in 2020 as a way to identify the best-in-market products and lenders to Australian consumers. From the beginning, RateCity set the goal to be a comprehensive and consumer-first financial comparison site.
We know that there is no one financial product that suits every situation. This is why RateCity Gold Awards do not have solo category winners. Instead, we identify the top 10 percent of products in market, allowing consumers to discover a suite of high performing products and find the one that suits their individual needs.
RateCity believes that everyone should have the power to make smart financial decisions. It’s why RateCity continuously works to create the best comparison engine. We compare over 13,000 financial products from more than 250 brands, allowing Australians to find the best offer, deal or solution for their situation.
More information can be found in RateCity’s data and fact checking policy or in a look at how Real Time Ratings works.
See the full list of winners here: RateCity