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Liberty Financial has offered new variable-rate borrowers a temporary fee reduction of $995.
The non-bank lender will waive the $995 application fee on the Liberty Swift home loan product until February 28.
Liberty Swift, which was launched a year ago, offers up to 95 per cent LVR with the full lender's mortgage protection fee capped for borrowers who cannot obtain LMI approval.
National sales manager John Mohnacheff said many lenders aim to win on price alone, but that Liberty also offers innovation and great service.
"Credit scoring has been a roadblock for years but Liberty changed this by creating its Swift solution so brokers can rescue deals and keep home ownership dreams alive," he said.
Swift is currently priced at 5.99 per cent and has a comparison rate of 6.37 per cent, according to Liberty's website.
The minimum loan amount is $50,000 and the maximum amount is $500,000.
[Related: Liberty promises new businesses after posting 'strong result']
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