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Liberty Sharp

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So you want a straightforward home loan that offers a low interest rate? The Liberty Sharp home loan could be just what you need.

With a competitive rate of just 6.19%* p.a., and no ongoing fees, the Liberty Sharp home loan offers you fantastic value.

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FEATURES

FEATURESLIBERTY SHARP
Minimum loan amount $100,000
Maximum loan amount $500,000
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Additional repayments image
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Repayment frequency Weekly, fortnightly, monthly
Repayment type Principal and Interest only
Availability Owner Occupier, Investor

rates & fees

RATES AND FEESLIBERTY SHARP
Rate 6.19%*p.a.
Comparison rate 6.32% p.a.
Application fee $995
Valuation fee $0
Settlement fee $0
Ongoing fee $0
Redraw fee $50
Discharge fee $395

faq's


Q:
What happens if my personal or financial circumstances change?

A:

A lot can happen over a 25-year home loan term! We have plenty of experience in proactively working with our customers to manage their loans when circumstances change. Options can include changing your repayments to Interest-only for a set period of time, reducing your repayments or, if you are already ahead on your loan repayments, taking a repayment holiday.

Q:
What is Lenders Mortgage Insurance?

A:

Lenders Mortgage Insurance (LMI) is a type of insurance that's taken out as part of certain home loan applications. LMI provides lenders with cover for any shortfall that may occur from the sale of a security property. At Liberty Financial, when borrowers seek a loan in excess of a loan to valuation ratio (LVR) of 80%, LMI is required. For certain types of applications (e.g., low doc loans), LMI may be required for loans with an LVR over of 60%. The LMI premium is payable by borrowers.

Q:
Can I switch my home loan from another lender to Liberty Financial?

A:

We make the process of switching your loan to Liberty easy and hassle-free. We always assess your loan application on its own merits and tailor a home loan for each customer, so if you are considering switching your loan to Liberty from another lender, contact a Liberty Adviser or call our friendly customer service team on 13 11 33 to learn more.

Q:
What is a compulsory comparison rate?

A:

The National Consumer Credit Protection Act 2009 (Cth) stipulates that any advertised interest rate must also include a compulsory comparison rate (CCR). A CCR is calculated in accordance with a standard formula which incorporates known establishment, ongoing and discharge fees into the interest rate. It is designed to provide you with the ability to compare the 'true cost' of different loans. However, the CCR does not include any 'event-based costs' such as redraw fees or fees that are not known at the time the CCR is provided.

Q:
How do I apply for a home loan?

A:

Applying for a home loan with Liberty Financial is easy. Just contact us and one of our expert advisers will be in touch. Or you can call 13 11 33 from Monday to Friday, between 8.30am and 5.30pm (AEST), and one of our friendly customer service team will be happy to help!


Key Facts Sheet

Liberty Sharp

Loan Amount

Loan Term in Years

Minimum loan amount : $100,000
Maximum loan amount : $500,000

This Key Facts Sheet is an Australian Government requirement

under the National Consumer Credit Protection Act 2009

KEY FACTS ABOUT THIS HOME LOAN
Date Produced : 18th May 2012

THIS IS NOT AN OFFER OF CREDIT. This Key Facts Sheet is provided to help you compare this home loan with the home loans of other lenders.

Liberty Financial

Australian credit licence number: 388133
What you have told us
Loan Amount: $
Term of the home loan:  years
Interest type:
Lender and product name: Liberty Financial -
HOW DOES THIS HOME LOAN COMPARE?
Description of this home loan
Repayment method
Repayment frequency Monthly (other repayment options are available)
Interest rate  per annum
Personalised comparison rate:
(interest rate including fees)		  per annum
Estimated cost of this home loan
Total amount to be paid back (including the loan amount and fees) $
This means you will pay back $ for every $1 borrowed
Application fee $
Ongoing fee $
Repayment per month (including ongoing fees) $
Repayment per year (including ongoing fees) $
There may be circumstances in which other fees are payable. Fees applicable for the loan you apply for will be shown in the loan contract. You can also obtain a list of fees applicable to this type of loan through our website at www.liberty.com.au.
Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Additional fees may be payable if you choose to repay your fixed rate home loan early.
What happens if interest rates increase?
This is a variable rate loan. If your interest rate was to increase by 1% per annum, your monthly repayment would increase by around $.
How can I repay my loan faster?
This loan allows you to make additional repayments to pay off your loan faster but such repayments may attract a fee. You should ask your lender about the fee before making additional repayments. Altering the frequency of repayments may also help repay the loan faster.
How to find the best deal for you
To obtain the best deal for you, it is important to shop around and compare interest rates, fees and features before you apply for a home loan. For more information about how to get the best deal on your home loan visit the ASIC consumer website at www.moneysmart.gov.au.

ABN: 55 077 248 983

This Key Facts Sheet is an Australian Government requirement

under the National Consumer Credit Protection Act 2009

FURTHER INFORMATION ABOUT THIS KEY FACTS SHEET

Which home loan is right for you?

It's important to work out what you want from your loan and how much it will cost you. Some loans have features that may result in savings over the life.


Where can I find out more about this loan?

If you want more information on the terms used in this document or about this home loan, please contact us on 13 11 33 or visit our website at www.liberty.com.au.


This Key Facts Sheet is an Australian Government requirement.

The Australian Government requires all lenders selling standard home loans to give you a Key Facts Sheet. This Key Facts Sheet is not an offer of credit. The lender is not obliged to provide you with the home loan described in this Key Facts Sheet. You will need to apply for the loan and meet our lending criteria before we can determine whether you are eligible for this loan.

You should also be aware:

  • the interest rates and fees and charges are those that apply as at the date of production of this Key Facts Sheet.
  • the amount required to be paid does not include fees which are dependent on events that may not occur (for example, late payment fees if you do not make repayments on time).
  • the amount of the repayments shown in this Key Facts Sheet will change if interest rates, fees and charges change and if a different loan type, loan term or loan amount is used.

What is the personalised comparison rate?

The personalised comparison rate helps you understand what the total cost of your home loan might be, taking into account known fees and charges that will apply (other than government fees, charges or duties) by building those costs into the interest rate. This personalised comparison rate assumes this product and rate are available to you.


ABN : 55 077 248 983

* Comparison rate is 6.32% p.a. based on a $150,000 loan over a 25-year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

 
 
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TOOLS & CALCULATORS

Liberty's range of loan tools and calculators can help you select the right product for your needs.

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HOW TO ENQUIRE

BY PHONE

Speak to one of our friendly representatives. Call us on
13 11 33

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CONTACT FORM

Let us contact you! Complete our  form and we'll call you back at a time that suits you.

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