Freedom Lend is a group of like minded specialists providing non-bank loan products. We are a team of passionate consultants who aim to achieve tailored solutions for you. We are 100% Australian owned and all our staff are local to Melbourne. When you contact us, you can be assured that you are speaking to someone you can relate to and not a call centre overseas.

We help home buyers review and qualify selected home loans through our Calculators and Application process. Using voice chat, video conferencing or face-to-face, our loan specialists are here to help you through your new home and investment purchases  or refinance.

Our products and services are in most cases are complementary. We are paid by our underwritten lenders for finding you. We pride ourselves for being agile in a unique environment to benefit you as a customer.

With our loans there are government, legal and discharge fees. These are not paid to Freedom Lend and are part of the application. To ensure you have a full understanding of costs, check out these links:

Our pre-approval and approval process are the same and once you have receive conditional approval, you can have confidence in buying your home. We ask that you have all basic information on application, which includes copy of driver’s licence, payslips, contract of sales and deposit source.

You can find a full description of required documents here:

Freedom Lend applications can be as quick as a few and up to a month or more. On average, the process takes 2 weeks for new home purchases and 3 weeks for refinancing. We recommend you have required documents prior to applications to assist with punctual settlement. Your situation may vary and if you believe have any concerns you can always drop us a line to get further details.

A fixed home loan is a mortgage rate offering that does not change for your specified period. Freedom Lend offers fixed rates at 1, 2, 3, 4, and 5 years.

A variable home loan is a lender offering on interest rates which can change periodically. This index rises and falls depending on a number of factors such as Reserve Bank of Australia (RBA) cash rate and lender’s costs.

Freedom Lend offers split loan services to fix a portion of the loan while keeping the remaining variable. As an example, you can fix 49% of your loan and while keeping 51% variable. This can help you budget easier while providing you the benefit of additional repayments.

To get a better understanding of benefits for each, check out the below reference:

Congratulations on taking the next step in owning your new home. With all purchases of property, there are a number of costs including Government levies such as stamp duty and professional consulting fees such as conveyancing costs.

For all loan applications we recommend you factor in all fees and charges. A number of these costs are outlined in the below reference:

Freedom Lend allow for up to 95 % loan-to-value ratio (LVR). This means you will need a deposit of 5% plus costs for home occupancy purposes. A number of these costs are outlined in the below reference:

Lenders’ Mortgage Insurance (LMI) is a premium payable by you to protect the lender again potential loss in the event where you cannot repay your home loan. This premium can vary and can be as much as 3.5% of the total loan.
Freedom Lend loans have no LMI for loans to 80% or lower Lender to Value Ratio (LVR) and 70% or lower LVR for high density locations. Possible solutions to avoid paying LMI is to have 20% in cash deposit as well as available funds to pay for purchasing costs. Alternately, you can use your existing equity in other homes to redraw and cover the 20% deposit and costs for your new home.

There are other possibilities and we recommend you leave your details in the below form to discuss with our home loan specialists.

For your personal credit report, you can obtain a credit check with Veda.

A healthy credit rating is always beneficial when applying for a mortgage product. Credit reports can show overdue payments that were not made. To avoid credit strikes, we recommend you setup direct debit for your bills and loan repayments. Restrict your credit card spending so that you do not exceed 80% of your credit limit.

Freedom Lend can provide unlimited enquiries with no impact to your credit rating. When you have full understanding of your situation, you can apply for loan with Freedom Lend with confidence.

Freedom Lend are affiliated with a number of loan products and can definitely look through your situation. We recommend you complete the contact request form for one of our consultants to work through your best options.

Leave your details here for one and we will get back to you within one business day:

The comparison rates are based on a secured loan of $150,000 over the term of 25 years. WARNING: Comparison rates provided are only given as an example. Your situation may have different amounts and terms which will result in different comparison rates. Please give Freedom Lend a call if you would like to get a clear understanding of your fees and costs.

This information is provided by Freedom Lend Australian Credit Licence 498325 and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you.

Interest rates may change at any time. The applicable interest rate will be the rate on the day of settlement for new loans or the day of processing for variations to existing loans. Lending criteria, fees and T&Cs apply.