HOME LOANS
First FreedomHome Loan
A smart home loan for PAYG and self-employed borrowers with more complex situations. Offers a large amount of cash out, debt consolidation and a case-by-case credit approach.
pa.
pa.
A good fit for
Borrowers with past credit issues
Those with defaults, arrears, or other credit events who need a second chance.
Self-employed borrowers with non-standard income
SMEs with irregular income streams or alternative documentation.
Refinancers with complex circumstances
Looking to consolidate or refinance despite a challenging financial history.
Features & benefits
- Borrow up to $3,000,000
- Up to 80% LVR
- Designed for past credit issues or irregular income
- Cash out available
- Unlimited debt consolidation
- No ongoing fees
- Internet transaction functionality
- Redraw available
- Principal & interest or up to 3 years interest only available on investment properties
Loan details
Loan purpose
Owner-occupied purchase, investment purchase, refinance
Loan term
Up to 30 years
Loan amount
$100,000 – $3,000,000
Maximum LVR
80%
Interest rate type
Variable interest rate
Payment type
Principal and Interest or interest only (max I/O period 3 years)
Payment frequency
Monthly, fortnightly or weekly
Security
Registered 1st mortgage over residential property (exclusions apply)
Security locations
Capital cities, metro areas
Extra payments
Permitted (with no penalty)
Redraw available
Minimum redraw $50,000
Broker commissions
Up front (for new to organisation clients) – 0.65% of loan amount
Trail ( paid once > $3m in active loans held) – 0.15% pa (paid
monthly)
Loan fees
Application fee
$950
Risk fee
From 1.00%
Valuation fee
At cost
Ongoing fees
nill
Discharge fee
$880
All First Choice, First Choice Plus, First Freedom, First Business 30, First Business 3 and First Business Jumbo rates are correct as of October 2025 and are subject to change at any time.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All Comparison Rates are calculated based on a secured loan of $250,000 over a 25 year term.
Compare
loan solutions
Quickly compare flexible options designed to deliver the right outcomes for your customers.
How brokers win with First Federal
Real examples of how we’ve helped brokers move loans from scenario to settlement.
