Money Magazine says the Greater’s  Five-Year Fixed Great Rate Home Loan is the best of the best.

The loan was today announced as the winner of the Best Five-Year Fixed Home Loan (Non-Bank) Award in the 2011 Best of the Best Awards.

The loan is also one of four Greater products awarded a five star rating by Canstar Cannex earlier this month.

Greater product manager, David Bryde says the award is more proof that the Greater Building Society offers its members some of the best deals in town through a great range of award winning products and services.

“We are owned by our members, not shareholders, which means the Greater can continue to offer its members competitive rates, low fees and better service than the banks,” Mr Bryde says. 

He says the loan has no ongoing monthly loan service fees, a free internet redraw facility as well as free internet and phone banking. It has a low rate of 7.60% p.a and for a $300,000 loan over the 30 years the comparison rate is 7.21% p.a.*

The awards keep coming for the Greater. It was named Australia’s Building Society of the Year by AFR Smart Investor and in the Mozo People’s Choice Awards in September. In the AFR Awards, the Greater took out Basic Home Loan of the Year and was also a finalist in the standard variable and fixed rate home loan categories. In the Mozo awards the Greater was voted as one of the Top 2 home loan providers across Australia, out of all of the major banks and other lenders.

“People wishing to bank with the best of the best should call 131386 or visit one of the Greater Building Society’s 66 branches.”