I applied for an ANZ standard fixed refinancing loan through my broker in May. Its now nearly July and I’m still waiting for settlement with no date or other notification of a likely date. Once the application is lodged, ANZ does not respond to questions or give any indication of processing times. If I’d know it was going to be this bad at the outset I would not have tried to refinance with the ANZ. I’ve wasted considerable time on this.

Applied October 19 and loan eventually registered last week. Delays with staff in India, it’s beyond a joke. Take over from another bank which settled but the excess amounting to hundreds of thousands not paid into my offset account. I called the bank and after spending an hour on hold was told they having problems and had not setup the new loan account.
Anz DONT cancel my old loan if you can’t get your ducks in a row with important paperwork. Not sure I am going to last long at ANZ. Terrible terrible terrible service. Save yourself time and go elsewhere

We submitted our home loan application 8 weeks ago through a broker and we are still waiting for a final reply. Each week we are told we should hear something soon - We were advised 4 weeks ago we had conditional approval which is why we have waited this long.

Two weeks ago we were asked to resubmit our payslips because they were too old now to use.

Our application is now at the bottom of the pile again waiting for some person in India to look at it.

It’s been very stressful. I wouldn’t advise anyone to take this path. We should be in our new house by now.

Waiting over two months now to re-finance our house loan. Wished we had not chosen to go with ANZ and so disappointed that it has taken so long. No point in ANZ offering a low rate if they can’t actually approve any loans. Would not recommend ANZ to anyone unless you like waiting ages and getting really cross and sad

We have now been waiting for five weeks for our mortgage refinance / construction loan to be approved to be approved, meaning we've had to delay starting a renovation project. Unacceptable and really disappointing. We haven't received timely updates regarding when the loan is expected to be processed either, which adds to the frustration. Don't advertise for new customers if you can't process applications in an efficient manner. I'm already looking forward to my renovation being over so I can leave ANZ and move to a lender with decent customer service as soon as I can.

I have been waiting 5 weeks for ANZ to even look at my application for a home loan. 5 weeks! This is just crap. They claim they are inundated due to people now refinancing as they have very competitive loans now. If they are so swamped that it takes over 5 weeks to look at an application, from an existing ANZ customer, surely they could move more people into the team that look after applications! Even if they had to train them, it wouldn't take 5 weeks! Then they could hire people into other jobs to replace those people, and what do you know, it would also give more people a job! Seems to me ANZ is just trying to increase their profit margins by not hiring enough staff!

called them to gain some info on home loans. absolutely unreliable. was originally thinking of applying a loan from them but after my personal experience with them decided to pull even my savings account from them i have washed my hands clean of anz
and reading all the nehative comments here certainly has reaffirmed me that i made the wise choice indeed

Had a 21 day finance clause on a contract to buy an investment property. Not long enough for ANZ to process our loan. Seller refused to extend, so we lost the house. Money down the drain on building, pest, and legals. Would never touch ANZ again.

It is a nightmare. Automated systems keeps asking me to fill out discharge form. I have on a number of occasions which the head office recognised when I have called in. I was told to pay out the loan with cash to make the process quicker. I did that and all it has done is create confusion with their admin. Person I am dealing with has gone on leave. I am angry and scared I wont make settlement.

Been banking with ANZ for many years.
Loans are done off shore in INDIA.
Stay away from ANZ if you don't want headaches.
Trying to get my land loan it's been nothing but headaches.

I will be taking all my loans and banking to a new bank.

Day 35 and still no decision on refinancing the mortgage for an extension to my home from ANZ. Constant confusion, inability to plan ahead, lack of knowledge of their own processes and requirements. An absolute joke.

Found it impossible just to arrange to meet to sort out a couple of issues with a mortgage discharge. The automated voice service was a nightmare and it was impossible just to get to speak to someone.

I went for my land and home loan with ANZ my land loan was approved in December 2018 then I applied for construction loan in 2019 which was approved but I am still waiting for my first progressive payment to be made from ANZ which he hasn't put and my builder has put the work on hold bcoz he hasnt received the money from the bank. I have paid 20% initial deposit but still waiting from bank side. Its been a long time since I applied the loan and still ANZ saumya we will Do your settlement in 24 hours but when it will happen they don't have any idea

If I would rate 0 stars I would. Went through a broker for an anz home loan. Upon brokers ok after beginning an application for pre approval put in an offer for a property which was accepted. Was stuffed around for over 3 weeks. Were given 3 different deadlines from ANZ for outcome. None were met! Applied for extension with the vendor. Finally received a response but declined due to an old anz credit card that was finalised in 2017. On their records it was still outstanding. I forwarded a finalisation letter from anz from 2017 and they didn’t even bother liasing and stuck to their no. Now we are scrambling to get finance with another lender and applied for another extension with the contract. Absolutely disgusted. Never again Anz!!

Two weeks so far for a loan approval and still no result. My application is straight forward with lots of equity, good income and clear credit for a loan for a vehicle using my house as security. I won't be using ANZ again.

After reading some of the comments below we were really anxious about applying with ANZ, we were pleasantly surprised when our application was approved in 2 days flat. Yes, the application was sent to India and that didn't make a difference. Reason? I believe that having a great mortgage broker is the key, our broker went through our documents with a fine tooth comb, dotted our I's and crossed the T's. On many occasions he was able to pick errors in our data and guide us accordingly. What a relief this is and I wanted to come back here and post this for others so that they don't get worried like us. Do your research, be informed, use a broker and you will be fine.