IMB Building Society has received a five star rating for four of its home loan products from Canstar, making it the lender with the most five-star variable rate home loan products in Australia.
IMB chief executive officer Robert Ryan said the recognition is positive proof of the value of IMB’s extensive product range and competitiveness when compared to other financial institutions.
“This is great news for IMB and even better for our members and consumers in the market for a home loan," he said
“I would urge homebuyers or those looking to renovate or refinance to consider IMB when they are making a decision about which home loan product is right for their needs.”
The Canstar five star rating was awarded to IMB’s Budget Loan, Introductory Variable Loan, Essentials Loan and its Platinum Package (variable) Loan.
Canstar finance analyst Lilith Bohler said, “Our star ratings are designed to help buyers easily compare the various loans on offer and to recognise outstanding value products that will suit their needs.
“IMB stood out for its competitive variable rate home loan products and we congratulate them on their five-star achievements,” she said.