Adelaide Bank has received a 5 Star CANSTAR Award Rating in the Outstanding Value Home Loans category for the SmartFix fully featured fixed rate home loan.
Premier financial data provider, CANSTAR, is Australia and New Zealand¹s most comprehensive specialist research service, and is used by over 325 financial institutions, government, media and finance professionals.
Fons Caminiti, Senior Manager Broker Distribution, Adelaide Bank said: ³Adelaide Bank has always been well regarded for offering great products and superior turnaround times. A top-rating CANSTAR Award of 5 stars, underscores the low cost and full range of features that make SmartFix a popular choice with mortgage brokers and their customers.
³The SmartFix loan also features up to 10 years of interest-only repayments for investors looking to pay back only the interest incurred on the loan and home-owners will appreciate a fully featured variable home loan that automatically comes with a 100% offset account, one of only a handful of fixed rates with offset in the market.
³Borrowers can maximise the benefits of any savings built up by reducing the interest charged on their home loans and check their progress by seeing at a glance what they owe and what they own – because the offset balance is shown separately.
³Other features CANSTAR rated highly included our free ³rate lock² feature, and our free electronic redraw; Adelaide Bank is one of only a handful of Australian banks to offer redraw on a fixed rate home loan, providing our customers with the flexibility that fixed rate loans often lack.
³This is a great achievement for Adelaide Bank in light of the highly competitive lending landscape we are currently contesting and I¹d like to thank our team for their hard work and dedication to outstanding customer service in bringing about this result², Mr Caminiti concluded.
Source: Bendigo and Adelaide Bank Limited
