Home Loans

Fresh start home loan

Things don’t always go according to plan, but our fresh start home loan helps you take that next step in the right direction.

Liberty Home loans

Move forward with more home loan options

You don’t live in the past, and neither do we. Our fresh start loan can help you take the next step toward your financial goals.

  • Poor credit history considered

  • Loans up to $3M**

  • Borrow up to 95% of purchase price#

  • Rates from 7.54% p.a.# (7.89% p.a. comparison rate*)

Easy to understand features, variables and fees


Maximum LVR 95%
Maximum loan amount**
Minimum loan amount
Principal and interest
Interest only***
Free online redraw
Third party account transfers
Split loans****
100% offset facility with Visa Debit card
Additional repayments
Repay weekly, fortnightly, monthly
Fixed rate options

Loan variables

Unlimited debt consolidation
Paid and unpaid defaults
Mortgage arrears
Past bankruptcy


Application fee
Valuation fee^^
Settlement fee
Equalisation fee
Starting from 0.5%
Ongoing fee (monthly)
Manual redraw fee
Discharge fee

Ready to get moving?

Wherever you are in your journey, help is here however you need it.

Check your borrowing power

Use our simple calculator to work out how much you might be able to borrow.

Get online pre-approval

Move ahead with confidence. Our online indicative pre-approval tool gives you an answer instantly. It's fast and fuss free.

Contact a trusted adviser

Your local Liberty Adviser will be able to look at your financial situation and help you decide the best way forward.

Our innovation and flexible solutions have helped over 850,000 free thinkers.

Free thinkers like us see the possible!

When others see the impossible, we look past that and see what we can achieve together.

We’ve helped more than 850,000 customers get financial.

Supporting free thinkers from diverse backgrounds for over 25 years.

Proudly B Corp certified to make a difference beyond borrowing.

Championing women in sport to make a difference on and off the field.

Liberty home loans FAQs

  • Many people with bad credit are reluctant to apply for a home loan and are often told they will not qualify for a mortgage – this may not be the case. At Liberty, we have a range of home loan solutions designed to help people from all walks of life get financial. Even with a less than perfect credit history including paid or unpaid defaults, mortgage arrears and bankruptcy, Liberty can work with you to find a great home loan solution. Our fresh start home loan is just one of these solutions.

  • If you are unsure of your credit history, get in contact with a credit reporting agency like Veda, Dunn & Bradstreet or Experian for a free copy of your credit report.

    This report includes much of the information that counts towards a poor credit score including number and type of loan enquiries, type of credit providers, unpaid debts and credit infringements.

  • Having bad credit often refers to there being a default listed on your credit report. This affects your credit score and can make you appear riskier to some lenders, making it difficult to be approved for finance.

    Liberty’s home loans can provide the flexibility borrowers may need to rethink their current financial situation and take a step forward.

  • When it comes to applying for a loan, most lenders consider an applicant to have bad credit if they are behind in existing loan repayments or have a poor credit report.

    A poor credit report can be caused by many factors. For example, not paying or late payments on a utilities bill, can lead to an unpaid account listed as a default.

    Similarly, applying for multiple loans with different lenders within a short timeframe can reduce the credit score on your report. If you have poor credit and are interested in our home loans to you move forward, speak to a Liberty Adviser today.

  • Liberty has a range of home loans to suit different borrowers and help repair bad credit. In fact, our home loans are flexible and can adjust over time to reflect improving circumstances.

    At Liberty we look at a person’s whole story so we can understand the circumstance of your financial history.

  • If you know you have poor credit, you should tell your broker. If you let them know, they can help find you a lender such as Liberty, that will listen to your full story and consider your application even with a lower credit score.

    If you know you have bad credit and need a home loan, talk to a Liberty Adviser or broker today to discuss your options further.

  • A target market determination describes who a product may be suitable for, based on likely needs, objectives, and financial situation. It also outlines who can distribute our products, how they can do this, and examples of situations when we may need to review our products and the target market. To view the target market determination for this product, click here.

  • The loan-to-value ratio (LVR) is a term you are likely to come across when applying for a home loan. It refers to the ratio of the loan amount against the value of the property you are looking to purchase. For example, the maximum LVR on our fresh start home loan is 95%, which means you can borrow up to 95% of the property value. The LVR is also used to determine whether lender’s mortgage insurance (LMI) will be needed and what interest rate you are entitled to.


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  • 100% offset facility##
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Low doc home loan

Perfect for self-employed borrowers, our low-doc loan offers alternative ways to verify your income.

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  • Flexible income verification
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Debt consolidation home loan

Our debt consolidation loan can help you roll home loan, personal loan, and credit card debts into one repayment.

  • Consolidate multiple debts
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Things you should know:

#Higher interest rates may apply. The actual interest rate applicable will depend on our assessment criteria and the loan to value ratio. Please call 13 11 33 or speak to your local Liberty Adviser for more details.

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

**Subject to LVR restrictions.

***Interest Only loans are subject to LVR restrictions and interest rates are higher than advertised interest rate. For further information on this product contact us on 13 11 33.

****$0 for loans with ≤ 4 splits. Additional fee of $495 applies for loans with > 4 splits.

^Other fees and charges may apply. Contact us on 13 11 33 for more information on fees and charges.

^^Additional valuation expenses may be payable where the anticipated security property value is >$1.5m, where the security property is in a regional location or for additional securities.