Liberty home loans

Liberty
Liberty's overall rating for home loans

(as rated by the Mozo community)

3.3 / 10

based on 42 reviews

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 23 January, 2019. Other information correct at the time of writing.

What home loans do Liberty offer?

Fixed Rate Home Loans 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 ‡

4.59% p.a.

4.99% p.a.

$295.00 yearly

$0

4.24% p.a.

4.72% p.a.

$295.00 yearly

$0

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Variable Rate Home Loans 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 ‡

4.95% p.a.

4.96% p.a.

$0.00

$0

4.94% p.a.

4.95% p.a.

$0.00

$0

4.59% p.a.

4.60% p.a.

$0.00

$0

6.19% p.a.

6.20% p.a.

$0.00

$0

5.69% p.a.

5.70% p.a.

$0.00

$0

5.34% p.a.

5.35% p.a.

$0.00

$0

6.19% p.a.

6.22% p.a.

$0.00

$330

5.69% p.a.

5.72% p.a.

$0.00

$330

5.34% p.a.

5.37% p.a.

$0.00

$330

5.09% p.a.

5.10% p.a.

$0.00

$0

4.59% p.a.

4.60% p.a.

$0.00

$0

4.04% p.a.

4.05% p.a.

$0.00

$0

4.34% p.a.

4.41% p.a.

$0.00

$995

3.99% p.a.

4.06% p.a.

$0.00

$995

4.69% p.a.

4.76% p.a.

$0.00

$995

4.34% p.a.

4.41% p.a.

$0.00

$995

5.44% p.a.

5.52% p.a.

$0.00

$995

5.09% p.a.

5.16% 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

4.94% p.a.

5.23% p.a.

$295.00 yearly

$0

4.44% p.a.

4.74% p.a.

$295.00 yearly

$0

4.09% p.a.

4.39% p.a.

$295.00 yearly

$0

5.29% p.a.

5.57% p.a.

$295.00 yearly

$0

4.79% p.a.

5.08% p.a.

$295.00 yearly

$0

4.44% p.a.

4.74% p.a.

$295.00 yearly

$0

6.04% p.a.

6.31% p.a.

$295.00 yearly

$0

5.54% p.a.

5.82% p.a.

$295.00 yearly

$0

5.19% p.a.

5.47% 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

Hide

*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

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 are Liberty home loans rated?

How do Liberty home loans stack up in terms of price, customer service and convenience? Read all about it in our customer review section.

Liberty home loans

Overall 3.3

Price

Features

Customer service

Convenience

Trust

42 Reviews

Recent Liberty home loan reviews Recent Liberty home loan reviews

Liberty

Liberty Fixed Rate Home Loan (Owner Occupier) home loan review

Overall rating   7 / 10

Great customer service, Flexible access.

They were excellent for us as beginner home owners with a Business debt, so we paid a higher interest to get into the market. Flexible extra payments and easy redraw facility are excellent. They don't reduce your interest rate when they go down...

Full review

They were excellent for us as beginner home owners with a Business debt, so we paid a higher interest to get into the market. Flexible extra payments and easy redraw facility are excellent. They don't reduce your interest rate when they go down unless you ask.

    Price   6 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Kate, New South Wales, reviewed about 1 year ago

Liberty

Liberty Free Variable Home Loan (LVR<70%, Owner Occupier, Principal & Interest) home loan review

Overall rating   2 / 10

Looks after those who the banks won't.

I had a bad credit so liberty were willing to give me an home loan when no one else would. For that they are to be commended. However the interest rate is higher than the competition. Their service is very prompt but the fee's are high.

Full review

I had a bad credit so liberty were willing to give me an home loan when no one else would. For that they are to be commended. However the interest rate is higher than the competition. Their service is very prompt but the fee's are high.

    Price   0 / 10

    Features   2 / 10

    Customer service   8 / 10

    Convenience   1 / 10

    Trust   2 / 10

Less

Andrew, Queensland, reviewed over 2 years ago

Liberty

Liberty Fixed Rate Home Loan (Owner Occupier) home loan review

Overall rating   2 / 10

Not happy

Not at all happy with their time frame of getting paperwork processed. It has cost me over $2,000 in penalty fees. Not happy

Full review

Not at all happy with their time frame of getting paperwork processed. It has cost me over $2,000 in penalty fees. Not happy

    Price   7 / 10

    Features   5 / 10

    Customer service   1 / 10

    Convenience   1 / 10

    Trust   4 / 10

Less

Glenda, Victoria, reviewed almost 3 years ago

Liberty

Liberty Fixed Rate Home Loan (Owner Occupier) home loan review

Overall rating   0 / 10

Useless

Liberty finance is useless. Submitted an application for pre-approval 5 weeks ago and I'm still waiting on a response despite having all required information upon submitting application. When they do get back they only ask for the same information...

Full review

Liberty finance is useless. Submitted an application for pre-approval 5 weeks ago and I'm still waiting on a response despite having all required information upon submitting application. When they do get back they only ask for the same information to be sent again. This information was submitted again and still no response. ABSOLUTELY USELESS

    Price   0 / 10

    Features   2 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Lyn, New South Wales, reviewed about 3 years ago

Liberty

Liberty Fixed Rate Home Loan (Owner Occupier) home loan review

Overall rating   10 / 10

Easy to do business with, good interest rates

Very helpful broker on the sunshine coast who was super efficient. It;s only early days for my refinance with liberty but so far very impressed.

Full review

Very helpful broker on the sunshine coast who was super efficient. It;s only early days for my refinance with liberty but so far very impressed.

    Price   6 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Jacqueline, Queensland, reviewed over 3 years ago

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