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Lender cuts rates by 10 points

by Staff Reporter7 minute read
The Adviser

One specialist lender has made changes to almost all of its prime and custom home loans.

Liberty Financial has made a 10-point cut to its prime variable rates, which now start at 4.89 per cent.

Those loans now come with no set-up costs, except for the Sharp and Swift products and for loans with an LVR of 90 per cent and above.

Liberty has also reduced rates and fees on all its full-doc and low-doc custom loans, including a 180-point cut on the Star product for custom borrowers.

National sales manager John Mohnacheff said brokers have everything to gain by trying Liberty for their next application.

“Liberty’s commitment to our business partners is stronger than ever and these exciting new updates show how any broker can now do more. Liberty has an extensive range of solutions, market-leading prices and outstanding service,” he said.

“The improvements won’t end here. We’re always looking for ways to reach higher, go further and deliver better solutions for brokers who partner with Liberty.”

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