Liberty Financial is a leading finance company that operates in Australia and New Zealand. It was established in 1997 with the aim of providing specialty finance through solutions that are not often found in other financial institutions, including simplifying the process of owning a home. This approach enabled the company to get where it is today: a customer base of 140,000 and funds worth more than $12 billion.
Home Loans by Liberty Financial
Liberty Financial offers a wide array of home loans that cater to the different needs of individuals. There are products, for example, designed for first home buyers, as well as for those looking to invest in property, as well as those who wish to invest using their Self-Managed Superannuation Fund (SMSF).
Here’s an overview of some of Liberty Financial’s home loans:
a. Liberty Sharp. This is designed to be a no-frills home loan with its combination of competitive interest rates and no ongoing fees.
b. Liberty Swift. This is a variable home loan that doesn’t require Lenders’ Mortgage Insurance (LMI) for those borrowing more with an LVR of over 80%.
c. Liberty Free. This contains a number of attractive features that include low interest rate, no application or ongoing fees, as well as flexible payment frequencies, redraw, extra repayments, and repayment holidays.
d. Liberty Star. This is designed to be a flexible home loan, as it offers variable payment frequencies, redraw, extra payments, and repayment holidays. It also comes with low interest rates.
e. Liberty Fixed. As the name would suggest, this allows borrowers to fix their interest rates at 1, 2, or 3-year periods.
f. Liberty SuperCredit. This one is ideally combined with an SMSF to fund a purchase of an investment property.
g. Liberty Custom. The self-employed, people with poor credit history, and everyone in between are the target of this product.
h. Liberty Nova. This combines Liberty Star with the benefits of a low-doc loan. This option is also available for the Liberty Free and Liberty Custom loan options.