3.2 / 10

based on 24 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 27 October, 2020. 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.

4.18% p.a.

$295.00 yearly

$0

4.69% p.a.

4.91% p.a.

$295.00 yearly

$0

4.19% p.a.

4.53% 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 ‡

3.04% p.a.

3.11% p.a.

$0.00

$995

3.44% p.a.

3.51% p.a.

$0.00

$995

3.79% p.a.

3.86% 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

2.89% p.a.

2.96% p.a.

$0.00

$995

3.14% p.a.

3.46% p.a.

$295.00 yearly

$0

3.54% p.a.

3.85% p.a.

$295.00 yearly

$0

3.89% p.a.

4.20% 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

2.99% p.a.

3.32% p.a.

$295.00 yearly

$0

3.39% p.a.

3.46% p.a.

$0.00

$995

3.79% p.a.

3.86% 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

3.24% p.a.

3.31% 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

4.39% p.a.

4.69% p.a.

$295.00 yearly

$0

3.89% p.a.

4.20% 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

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

3.34% p.a.

3.66% 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
21 reviews

Recent Liberty home loan reviews

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 about 1 month ago
Liberty Sharp Home Loan review
Overall 1/10
Horrible bank

Horrible bank and terrible rates and fees.

Read full review

Horrible bank and terrible rates and fees.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Natt, Tasmania reviewed about 2 months ago
Liberty Home Loan review
Overall 1/10
Never do it!

Just don’t trust this bank! Not reliable at all and they take all your money!

Read full review

Just don’t trust this bank! Not reliable at all and they take all your money!

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Tahereh, South Australia reviewed about 2 months ago
Liberty Star Home Loan review
Overall 8/10
Liberty came through when no other bank could.

Liberty came through for me when other banks did not. They have been really good whenever I’ve asked for a rate decrease in line with the RBA.

Read full review

Liberty came through for me when other banks did not. They have been really good whenever I’ve asked for a rate decrease in line with the RBA.

Price
8/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
8/10
Less
Candace, Victoria reviewed about 2 months ago
Liberty Star Home Loan review
Overall 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.

Read 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 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