ChoiceLend

Do not deal with this company! The customer service is terrible! Its like they were desperate for staff and hired from the bottom of the barrel.
They changed the lock in rate every email you send them. It goes higher every call. They are a joke!! Stear clear!!

I rang to get arranged a new rate, the offered me a rate, I came back and asked questions via email to the customer service representative he took a week to respond and in that time they had changed there rate, I was unhappy but agreed to the new rate and again asked him a confirmation question, He took over 2 weeks to respond as he was out of the office, and low and behold they have increased there rates again. This was all in a 3 and a half week period, no interest rate rise from the reserve bank. Whatever you do under no circumstances go with these guys!

Reading the poor reviews about this lender. I can’t say our experience has been the same. We found the process easy, and service great. Maybe it’s just our great broker!

We had a home loan with this company and opted to refinance to our bank that we do all our banking with. Choice lend missed the first two settlement dates and offered to reason as to why. I have spent hours on the phone trying to get it sorted with no luck. I would recommend another lender that can handle your issues professionally as well as in a timely manor.

Where do I even start? My broker suggested they are a great bank with attractive terms and I got taken in. The whole loan process was a nightmare and it was extremely hard to get hold of them either by phone and email. The broker was trying his best but in total vain. Their Online system is equally horrible. Currently I have lost access to my online account and have emailed them twice and sent forms etc but again NO response in the last 10 days. I do have empathy for their staff with COVID around but I wonder if they even have anyone still wor...

Clunky system resulting in many stressful delays when accessing our funds and staff who have no knowledge or pass the blame. Tried to blame us, the bank we were trying to trade funds to when ultimately it was all on Choicelend end. I read negative reviews and questioned our brokers choice.
Avoid at all costs. I would not recommend banking with choice lend regardless of the financial incentive

This bank is hopeless when trying to refinance with another institute. My new lender has booked settlement twice only to have Choice lend not come through on their end. They keep making excuses and have been waiting over a month and have no idea when it will go through.

Took out a loan in December 2016. On January 10 first rate increase. Followed by more in April and July. There were no reserve bank increases. We were stuck because we had paid mortgage insurance. Be wary if your mortgage broker recommends this option.

Having had many home loans with various financial institutions....I trusted my broker and went with ChoiceLend. I have had no problems to date and the communication piece has been great.

At the end of the day I just want to pay my mortgage off as quick as possible with a no frills institution that will give me what I pay for. I can honestly say this has been the case to date!

These lenders want to suck as much financial gain out of you as possible. That is why they are in business. Lenders have all the same faults. Hey......if I had enough cash to purchase my house I wouldn't be on here giving them a review lol!

We worked with a broker 7 years ago and borrowed a lot of money on a Melbourne property. We never missed a repayment and in fact always paid more than we needed to. In October we sold the property and settlement date was 19 December and we noticed our payout was almost $3000 short. We questioned why and were told that they held next months (January 2020....we settled December 2019) payment as security! Just in case the sale fell through.....seriously! No wonder we have a royal commission into banking in this country. We still don't have our 're...

Will not allow an interest only option which has made things difficult for me, they are very slow to pass on interest rate drops. I cannot wait until I am able to re-finance elsewhere.

Sold my property and settlement is over 1 week overdue, bank keeps making up excuses why it cannot settle, keep getting conflicting information from different staff. With each query/phone call there's a new lie and excuse. Can't get a straight answer. Their problem solving skills are non existant.

I have been with choicelend for 9 years now. About a month before the last interest rate drop they put my loan up by .15 pc and have not yet passed on the last rate drop which makes my loan a very expensive one all. When I emailed them about this got no response.

Application process took well over 3 months with many (almost stupid) questions being asked resulted in another week long review process each time. As I was refinancing I told my broker I'd had enough and ready to quit luckily loan came thru soon after. Notice now they are terribly slow passing on rate cuts and slow notifying you. Was with ING before and they were brilliant in comparison. Should have refinanced elsewhere

Our 1st ever property has been mortgaged with Choicelend. We managed to save few $$$ and deposited in the loan account as we have a "Redraw" facility. These deposits continued and we had saved about 120k.

There was an urgent need (emergency) for which we needed cash and when I requested for redraw of a portion of the amount, it was dishonoured. None of the agent had any clue. Throughout this ordeal they gave me different messages and by then I have come to conclusion that a) they don't speak truth or b) they don't know what they are talking ab...