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Non-bank trims rates on all products

by Staff Reporter2 minute read
The Adviser

Staff Reporter

One non-bank lender has proven it can still compete with the big players on price, cutting up to 25 basis points from both its fixed and variable rates.

Effective from today, Liberty Financial will cut 20 basis points from its suite of variable rate products and 25 basis points from its fixed rate products.

The lender’s variable rates now start from 5.99 per cent.

“Liberty continues its commitment to offering customers one of the broadest and best value home loan ranges available in the Australian market, including prime and custom loans,” Liberty’s national sales manager John Mohnacheff said.

“We are also committed to providing our business partners with more reasons to choose Liberty through our industry-leading service levels, the support of our nationwide network of business development managers, direct access to our experienced underwriting team, same day answers to applications and very competitive remuneration.”

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