Liberty began in 1997, providing a personal and competitive alternative to traditional banking options. At Liberty, it’s all about freedom - so the home loans on offer are flexible and suited to your personal needs. Check them out below.
Rates and fees verified as correct at 07 August, 2020. Other information correct at the time of writing.
For the security of a set monthly budget, take a look at the fixed rate home loan offers from Liberty. You can borrow up to 85% of the property's value, starting from $50,000 and make unlimited free additional repayments to pay off your mortgage sooner. You also have the option to take a repayment holiday, and to split your loan between fixed and variable rates. Keep in mind that there is a yearly service fee to consider.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.69% p.a. | 4.91% p.a. | $295.00 yearly | $0 | ||
| 4.19% p.a. | 4.53% p.a. | $295.00 yearly | $0 | ||
| 3.84% p.a. | 4.18% p.a. | $295.00 yearly | $0 |
There are a couple of different variable rate home loan options on offer from Liberty. Choose the Sharp Home Loan and you’ll be able to borrow amounts starting from $100,000, up to 95% of the property’s value. You’ll also have the use of money saving features including unlimited free extra repayments, a free redraw facility (minimum applies) and the chance to take a repayment holiday. But keep in mind, you’ll pay a yearly service fee for this option. Opt for the Free Variable Rate Home Loan and you can borrow up to 95% of the property’s value, starting from $50,000. You’ll have the same great money saving features, plus the use of an offset account.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.39% p.a. | 3.46% p.a. | $0.00 | $995 | ||
| 3.04% p.a. | 3.11% p.a. | $0.00 | $995 | ||
| 3.79% p.a. | 3.86% p.a. | $0.00 | $995 | ||
| 3.44% p.a. | 3.51% p.a. | $0.00 | $995 | ||
| 4.14% p.a. | 4.21% p.a. | $0.00 | $995 | ||
| 3.79% p.a. | 3.86% p.a. | $0.00 | $995 | ||
| 4.54% p.a. | 4.61% p.a. | $0.00 | $995 | ||
| 4.19% p.a. | 4.26% p.a. | $0.00 | $995 | ||
| 4.99% p.a. | 5.06% p.a. | $0.00 | $995 | ||
| 4.64% p.a. | 4.71% p.a. | $0.00 | $995 | ||
| 3.24% p.a. | 3.31% p.a. | $0.00 | $995 | ||
| 2.89% p.a. | 2.96% p.a. | $0.00 | $995 | ||
| 3.99% p.a. | 4.29% p.a. | $295.00 yearly | $0 | ||
| 3.49% p.a. | 3.80% p.a. | $295.00 yearly | $0 | ||
| 3.14% p.a. | 3.46% p.a. | $295.00 yearly | $0 | ||
| 4.39% p.a. | 4.69% p.a. | $295.00 yearly | $0 | ||
| 3.89% p.a. | 4.20% p.a. | $295.00 yearly | $0 | ||
| 3.54% p.a. | 3.85% p.a. | $295.00 yearly | $0 | ||
| 4.74% p.a. | 5.03% p.a. | $295.00 yearly | $0 | ||
| 4.24% p.a. | 4.54% p.a. | $295.00 yearly | $0 | ||
| 3.89% p.a. | 4.20% p.a. | $295.00 yearly | $0 | ||
| 4.64% p.a. | 4.93% p.a. | $295.00 yearly | $0 | ||
| 4.29% p.a. | 4.59% p.a. | $295.00 yearly | $0 | ||
| 5.09% p.a. | 5.38% p.a. | $295.00 yearly | $0 | ||
| 4.74% p.a. | 5.03% p.a. | $295.00 yearly | $0 | ||
| 3.84% p.a. | 4.15% p.a. | $295.00 yearly | $0 | ||
| 3.34% p.a. | 3.66% p.a. | $295.00 yearly | $0 | ||
| 2.99% p.a. | 3.32% p.a. | $295.00 yearly | $0 |
‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.
| Unlimited free extra repaymentsUnlimited free extra repayments | Make unlimited free extra repayments on your fixed or variable rate home loan to own your home sooner. |
| Repayment holidaysRepayment holidays | Need to take a break? With Liberty home loans, you have the option to take a repayment holiday if you need to. |
| Flexible repayment scheduleFlexible repayment schedule | Make your mortgage repayments weekly, fortnightly or monthly - whatever suits your budget. |
How do Liberty home loans stack up in terms of price, customer service and convenience? Read all about it in our customer review section.
Excellent product, great rate, very helpful team, convenient offset, only slight negative is taking funds out from Offset is slightly cumbersome and restrictive.
Excellent product, great rate, very helpful team, convenient offset, only slight negative is taking funds out from Offset is slightly cumbersome and restrictive.
Ryan, Victoria, reviewed about 2 months ago
They are very greedy and do not pass on the RBA interest cuts.
They are very greedy and do not pass on the RBA interest cuts.
Kim, Queensland, reviewed about 2 months ago
Liberty are charging us 5.76% interest for our loan when I'm only being charged 3.02% on our loans with other banks, and they don't charge a $30 per month service fee like Liberty does either. On top of that Liberty sent emails to all borrowers...
Liberty are charging us 5.76% interest for our loan when I'm only being charged 3.02% on our loans with other banks, and they don't charge a $30 per month service fee like Liberty does either. On top of that Liberty sent emails to all borrowers and put a message on their website stating that they are here to help borrowers affected by the Coronavirus by 'Waiving loan fees or charges'. Yet when I asked Liberty for help I was told that they will only assist with fees if we default on the loan! So they're not in fact helping anyone financially responsible who is trying hard not to default - pathetic service and false advertising from Liberty. Get your loan from any other financial institution besides Liberty.
Sally, Queensland, reviewed 3 months ago
Do yourselves a favour and stay away from Liberty. I have a SMSF home loan and am still paying 6% interest rate. They have not passed on anything in the last 4 rate cuts, they are shameless and refuse to pass on anything.
Do yourselves a favour and stay away from Liberty. I have a SMSF home loan and am still paying 6% interest rate. They have not passed on anything in the last 4 rate cuts, they are shameless and refuse to pass on anything.
Tibs, Western Australia, reviewed 5 months ago
Very lengthy process. Not replying back to emails. High rate in comparison to others. Lost a doc which resulted in a $560 extra expense for us. I wouldn’t recommend them to anybody.
Very lengthy process. Not replying back to emails. High rate in comparison to others. Lost a doc which resulted in a $560 extra expense for us. I wouldn’t recommend them to anybody.
Corey, Western Australia, reviewed 5 months ago
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To apply for a Liberty home loan, you’ll have to set up a meeting with a Liberty home loan advisor. To make sure everything goes smoothly when you start your mortgage application, it’s useful to have a few things ready: