Based in Melbourne, Freedom Lend is made up of a team of passionate consultants who offer a non-bank product. As a 100% online business, Freedom Lend offers home loans at both fixed and variable home loan offerings.
Freedom Lend strives to bring financial freedom to their customers by providing guaranteed customer service and competitive products.
Founded in Melbourne, Freedom Lend is proudly 100% Australian owned and operated. They cater to both first home buyers, next home buyers, refinancers and investors.
Please see the table below for a list of available products.
Freedom Lend offers a number of home loan products to suit your particular needs. The home loans on offer include loans for:
Broadly speaking Freedom loans tend to fall into four categories: variable, fixed, construction or SMSF.
Freedom Lend is an online only lender which means they can avoid many of the overheads in traditional home lenders, and therefore pass along the savings to its customers through low interest rates.
The application through Freedom Lend is relatively straightforward and takes place online. Assuming you are over 18 years of age, an Australian resident and can demonstrate a regular source of income the application shouldn’t be too time consuming.
Ensure you have your proof of income documents like payslips, as well as appropriate identification documents and any documents showing both your assets and liabilities.
Although timelines do vary, Freedom Lend offer an approximate timeline on the loan application process. It’s worth calling the team about your specific circumstances to see if they differ from the standard time taken for loans.
Once you apply with Freedom Lend and supply all relevant documents to the Freedom Lend team via their website, you will wait one business day before hearing back from the team. At this point they may ask for any additional documents or requirements, or you will be submitted for loan approval.
Loan approval process takes one business day, at which point there may be additional documentation needed. If not, it will pass to the review process for approval which takes five business days.
After five business days if you are granted conditional approval, you will then move into the valuation of purchase. The valuation takes four business days after which you will be granted unconditional approval and move towards settlement.
Compare Freedom Lend home loan rates with other home loans in Australia.