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Liberty home loans

Liberty
Liberty's overall rating for home loans

(as rated by the Mozo community)

3.5 / 10

based on 17 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 07 August, 2020. 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 ‡

4.69% 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


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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 ‡

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


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*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
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Overall 3.5

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Price

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Features

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Trust

17 Reviews

Recent Liberty home loan reviews Recent Liberty home loan reviews

Liberty

Liberty Star Home Loan review

Overall rating   8 / 10

Competitive rate, easy to use and accommodating.

Excellent product, great rate, very helpful team, convenient offset, only slight negative is taking funds out from Offset is slightly cumbersome and restrictive.

Full review

Excellent product, great rate, very helpful team, convenient offset, only slight negative is taking funds out from Offset is slightly cumbersome and restrictive.

    Price   9 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Ryan, Victoria, reviewed about 2 months ago

Liberty

Liberty Home Loan review

Overall rating   1 / 10

More interested in making money from you

They are very greedy and do not pass on the RBA interest cuts.

Full review

They are very greedy and do not pass on the RBA interest cuts.

    Price   1 / 10

    Features   1 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Kim, Queensland, reviewed about 2 months ago

Liberty

Liberty Home Loan review

Overall rating   0 / 10

I will never take out a loan with Liberty again.

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...

Full review

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.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Sally, Queensland, reviewed 3 months ago

Liberty

Liberty Star Home Loan review

Overall rating   0 / 10

Stay away.

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.

Full review

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.

    Price   0 / 10

    Features   0 / 10

    Customer service   1 / 10

    Convenience   3 / 10

Less

Tibs, Western Australia, reviewed 5 months ago

Liberty

Liberty Sharp Home Loan review

Overall rating   2 / 10

Bad experience so we intend to move.

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.

Full review

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.

    Price   1 / 10

    Features   0 / 10

    Customer service   3 / 10

    Convenience   3 / 10

    Trust   3 / 10

Less

Corey, Western Australia, reviewed 5 months ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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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