3.1 / 10

based on 29 reviews as rated by Mozo community

Liberty home loans

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.

What home loans do Liberty offer?

Rates and fees verified as correct at 22 January, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

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.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

3.84% p.a.

4.04% p.a.

$295.00 yearly

$0

4.69% p.a.

4.91% p.a.

$295.00 yearly

$0

4.19% p.a.

4.38% p.a.

$295.00 yearly

$0

Variable Rate Home Loans

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.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments ‡

2.84% p.a.

2.91% p.a.

$0.00

$995

3.24% p.a.

3.31% p.a.

$0.00

$995

3.59% p.a.

3.66% p.a.

$0.00

$995

4.19% p.a.

4.26% p.a.

$0.00

$995

4.64% p.a.

4.71% p.a.

$0.00

$995

2.64% p.a.

2.71% p.a.

$0.00

$995

2.94% p.a.

3.26% p.a.

$295.00 yearly

$0

3.34% p.a.

3.66% p.a.

$295.00 yearly

$0

3.69% p.a.

4.00% p.a.

$295.00 yearly

$0

4.29% p.a.

4.59% p.a.

$295.00 yearly

$0

4.74% p.a.

5.03% p.a.

$295.00 yearly

$0

2.74% p.a.

3.07% p.a.

$295.00 yearly

$0

3.19% p.a.

3.26% p.a.

$0.00

$995

3.59% p.a.

3.66% p.a.

$0.00

$995

4.14% p.a.

4.21% p.a.

$0.00

$995

4.54% p.a.

4.61% p.a.

$0.00

$995

4.99% p.a.

5.06% p.a.

$0.00

$995

2.99% p.a.

3.06% p.a.

$0.00

$995

3.99% p.a.

4.29% p.a.

$295.00 yearly

$0

3.29% p.a.

3.61% p.a.

$295.00 yearly

$0

4.39% p.a.

4.69% p.a.

$295.00 yearly

$0

3.69% p.a.

4.00% p.a.

$295.00 yearly

$0

4.74% p.a.

5.03% p.a.

$295.00 yearly

$0

4.04% p.a.

4.34% p.a.

$295.00 yearly

$0

4.64% p.a.

4.93% p.a.

$295.00 yearly

$0

5.09% p.a.

5.38% p.a.

$295.00 yearly

$0

3.84% p.a.

4.15% p.a.

$295.00 yearly

$0

3.09% p.a.

3.41% p.a.

$295.00 yearly

$0

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

‡ 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.

Liberty home loan features in a glance

Free icon

Unlimited free extra repayments

Make unlimited free extra repayments on your fixed or variable rate home loan to own your home sooner.

Repayment Icon

Repayment holidays

Need to take a break? With Liberty home loans, you have the option to take a repayment holiday if you need to.

Repayment Icon

Flexible repayment schedule

Make your mortgage repayments weekly, fortnightly or monthly - whatever suits your budget.

How are Liberty home loans rated?

Mozo users have rated Liberty home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
Liberty home loans
Overall
3.6/10
Price
Features
Customer service
Convenience
Trust

24 Reviews

Recent Liberty home loan reviews

Liberty Home Loan review
Overall 1/10
Go elsewhere.

Fail to pass on rate cuts and blame Covid. No good enough.

Read full review

Fail to pass on rate cuts and blame Covid. No good enough.

Price
1/10
Features
2/10
Customer service
2/10
Convenience
3/10
Trust
1/10
Less
Ian, Queensland, reviewed about 19 hours ago
Liberty Home Loan review
Overall 3/10
Nice staff. Expensive interest rates

Staff are always pleasant and helpful. Rates are too high and they aren’t interested in negotiating despite having 4 loans with them.

Read full review

Staff are always pleasant and helpful. Rates are too high and they aren’t interested in negotiating despite having 4 loans with them.

Price
4/10
Features
5/10
Customer service
8/10
Convenience
5/10
Trust
5/10
Less
Kristy, Victoria, reviewed 7 days ago
Liberty Home Loan review
Overall 7/10
Great for older customers

Speedy approval and will lend to older Australians. Rate started at 4% and now down to 3% which is fairly competitive and very happy given that they are not a bank. Most RBA cuts have been passed on.

Read full review

Speedy approval and will lend to older Australians. Rate started at 4% and now down to 3% which is fairly competitive and very happy given that they are not a bank. Most RBA cuts have been passed on.

Price
7/10
Features
7/10
Customer service
7/10
Convenience
7/10
Trust
7/10
Less
Ned, Queensland, reviewed 9 days ago
Liberty Home Loan review
Overall 2/10
Stay away

Stay away from this bank. Never pass interest cut and not ready to discuss on any option.

Read full review

Stay away from this bank. Never pass interest cut and not ready to discuss on any option.

Price
1/10
Features
3/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Fredo, Australian Capital Territory, reviewed 10 days ago
Liberty Star Home Loan Fixed Rate review
Overall 5/10
Non competitive rates.

We appreciate the bank as they give loans even though income is not high, however their interest rate is very high comparatively.

Read full review

We appreciate the bank as they give loans even though income is not high, however their interest rate is very high comparatively.

Price
3/10
Features
4/10
Customer service
7/10
Convenience
5/10
Trust
5/10
Less
Arputha, Victoria, reviewed 4 months ago

What do you need to apply for a Liberty home loan?

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:

  • Your personal details (including contact details)
  • Proof of income
  • Details of other loans, credit cards and expenses
  • Details of your assets (things like savings, shares or property)

Home loan quick links