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AFG Home Loans
2.3 from 66 reviews · View Statistics
See the Best Home Loans in 2022 as rated by Australians on ProductReview.com.au.
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Reviews

1.3
12 reviews
5
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4
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3
(1)
2
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(9)
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Adarash D.
Adarash D.Sydney, NSW

100 years behind in service.

published

So when i call up they look as if i have disturbed them. First lime is ‘we are sorry but i have to transfer you to a different company’ as you are with edge home loans.

The have a primitive system of providing a debit card and their online banking is from the 70s. Everytime i transfer money between accounts it gives an error.

I am trying to get out now and my resettlement is delayed as i have magically lost about 40k in their books

Stay away from these guys.

Transparency
1/5
Customer Service
1/5
Application Process
2/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forFirst Home
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Matt H.
Matt H.Hunter Region, NSW

I will never recommend or use them ever again

published

Awful and inefficient practices, unwilling to provide correct statements or loan discharge figures. Loan payments taking 7+ days to "clear" and being told refunds after loan discharge will take 3-4weeks

Transparency
1/5
Customer Service
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forInvestment Property
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Leanne
LeanneSouth Australia

Don't bother

published

Took out a loan with them for $347,000, but we don't have access to the full amount. Going to the ombudsman and hopefully we can refinance and have nothing more to do with them.

Incentivised Review No
Loan TypeVariable Rate
Loan Start DateJune 2020
Loan used forInvestment Property
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Sam
SamSydney, NSW
  • 2 reviews
  • 6 likes

Very poor customer service

published

I am an AFG home loan customer. Due to COVID I was in hardship, I requested AFG to review my request to pause the repayment for 2 months. Didn't get any support at all!

Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan Start DateDecember 2017
Loan used forFirst Home
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Ujwal
UjwalGreater Melbourne (Outer), VIC

Worst decision of my life. Stay way and save your self from depression

published

The transparency and practice of this company is borderline unconscious misconduct. I am currently trying to doo a partial discharge of my loan which will reduce the balance of AFG by $110k but they are saying that they will not discharge my loan which I am currently servicing easily. My settlement is in a few weeks and they have left me absolutely no option but to discharge my all there loans from them. Funny how they don't want my business and would rather I discharge 3 loans instead of one. This is beyond my understanding and feel like they are purposely trying to make sure my settlement does not proceed. I will be making sure no one in my immediate contact EVER deal with these guys again.

Transparency
1/5
Customer Service
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forInvestment Property
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Griffin
GriffinPerth, WA

Great to begin with, horrible afterwards

published

Easy to get a loan with.
Terrible if market conditions change.

If they review your rates when RBA rates change, don't expect a reasonable outcome. 0.05% offered vs 1% on their competitors.

Transparency
3/5
Customer Service
4/5
Online Tools
2/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forFirst Home
Similar opinion? Write a review on ProductReview.com.au!
Sheree C.
Sheree C.Greater Melbourne (Outer), VIC
  • 2 reviews

Administration is terrible

published

Their LMI fees are great and what not. So the savings side fantastic. But their admistration is ridiculous. Everything we have had to sign had to be done again. And when it was redone we had to wait weeks for the process then redo it then wait weeks again! We have builders waiting for money to be released and the bank is taking their sweet time. As soon as we can we are refinancing with another bank

Transparency
2/5
Customer Service
1/5
Application Process
3/5
Timeliness
1/5
Online Tools
2/5
Incentivised Review No
Loan TypeVariable Rate
Loan Start DateJuly 2020
Loan used forFirst Home
Similar opinion? Write a review on ProductReview.com.au!

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Jared
JaredGreater Melbourne (Inner), VIC
  • 7 reviews
  • 1 like

AFG Home Loan Edge

published
Transparency
5/5
Customer Service
3/5
Application Process
4/5
Timeliness
3/5
Online Tools
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forFirst Home
Similar opinion? Write a review on ProductReview.com.au!
MDM
MDMVictoria
  • 2 reviews
  • 1 like

Horrendous service and woeful organisation. Keep away from AFG!

published
Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
2/5
Incentivised Review No
Loan TypeVariable Rate
Loan Start DateMarch 2019
Loan used forHome Construction
AFG Home Loans
Dean T.AFG Home LoansSend a private message
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Malcolm1978
Malcolm1978Greater Melbourne (Metropolitan), VIC
  • 10 reviews
  • 2 likes
  • Verified

Terrible Service

published
Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan Start DateOctober 2017
Loan used forHome Construction
AFG Home Loans
Dean T.AFG Home LoansSend a private message
Similar opinion? Write a review on ProductReview.com.au!

Frustrated

published

I’ve been with AFG for less than a year and my interest rate has gone up twice .Im now looking into changing my home loan...mind youvim a first homebuyer and I’m in shock how fast the interest rates are going up when other banks are keeping their rates the same .

Incentivised Review No
Loan TypeVariable Rate
Loan Start DateJune 2018
Loan used forFirst Home
Similar opinion? Write a review on ProductReview.com.au!
Ben
BenHunter Region, NSW

Stay away

published

I’m warning anyone that will listen to stay away from AFG.
I have a loan with them for my land, but Im transferring my land loan to another bank to build my home.
My account was canceled by them but they are refusing to realise my loan to the other bank. But in the mean time they have charged me $800 and are trying to charge me interest on the account that was closed. Settlement has been pushed back by 2 weeks now and I’m still waiting.

I was also ahead on my payments and haven’t seen or heard where that money has gone.
Please stay away from this company

Incentivised Review No
Loan TypeVariable Rate
Loan Start DateMay 2017
Loan used forHome Construction
AFG Home Loans
Dean T.AFG Home LoansSend a private message
Similar opinion? Write a review on ProductReview.com.au!
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Questions & Answers

ShaneH
ShaneHasked

Can you please advise when you will communicate your decision on the current rate decrease from the reserve bank?

2 answers
Joseph
Joseph

They haven't passed on anything but are constipating on it...!!

AFG Home Loans
Dean T.AFG Home LoansSend a private message

You can view the latest rate movements in relation to the recent RBA decrease here - https://afghomeloans.com.au/afg-home-loans-rates-reduced/

Get an answer from our members and AFG Home Loans representatives

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