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Lendi

Lendi Questions & Answers

4.6 from 1,901 reviews · View Statistics

20 questions from our users

GKrish

GKrishasked

I was leaning towards Lendi for a homeloan after seeing the '1877' reviews with the highest stars than any of big 4 banks, just having a feeling that these may not be genuine.

Are you aware of any fake or paid reviews ?

1 answer
Lendi
Relationship manager -Lendi

Hey there, thank you for your question. I want to clarify that we are not ourselves a Lender. We work alongside over 35 lenders within the market and have helped thousands of Australians on their home loans. We pride ourself on providing exceptional customer service, hence some of our glowing reviews on Product Review. We do not pay for our reviews nor are our reviews fake. If you would like to know what the hype is about and understand how we can help you, feel free to send us a private message and we would be more than happy to see how we can help.

Babakura abatcha

Babakura abatchaasked

What happen to lendi network?

1 answer
Lendi
Relationship manager -Lendi

Hi Babakura,

I'm not sure what you're referring to here, I've sent you a private message to gain a better understanding, there are no issues with the Lendi network.

Seni

Seniasked

This senait and I would like to get information about house loan for stabletion and build .. and also how much deposit I have to have for those

3 answers
Lendi
Relationship manager -Lendi

Hi Senait, we'd be happy to provide you with further information, we'll private message you through here to assist you further.

Kathy Gluvic
Kathy Gluvic

I want to get a investment home my son is going to live in it and I want to use my home as deposit can you help

Lendi
Relationship manager -Lendi

Hey Kathy, We would love to look in to option for you. we'll private message you through Product Review to assist you further.

Tracker

Trackerasked

Hi. Do you do face to face meetings in South Australia, Adelaide to be more precise, to sort through first home buyers questions applications etc?

1 answer
Lendi
Relationship manager -Lendi

Hi There, under normal circumstances we do offer face to face meetings in South Australia, however due to COVID-19 restrictions, all of our home loan specialist's are currently doing phone appointments only. We'll send you a message to assist you further.

Mamadou T.

Mamadou T.asked

A casual worker can get a home loan from which bank here in Melbourne?

3 answers
Angie
Angie

I’m not sure about casual next to call Lendi or Macquarie Bank

Lendi
Relationship manager -Lendi

Hi Mamadou, thanks for your question. Yes, there are home loan options for people under casual employment. Requirements will vary from lender to lender and depend on the duration of your employment as well as how much you earn. We've sent you a direct message to assist you further.

Mamadou T.
Mamadou T.

Commonwealth bank

Bob

Bobasked

How long from first application did it take to finish? Home refinance.

1 answer
Lendi
Relationship manager -Lendi

Hi,
Welcome to Lendi. The processing time will depend on the lender and the amount of applications they need to assess.
Can I assist with something specific?

Kind regards,

Samantha

YankeeDoodle

YankeeDoodleasked

Hi, what’s your history of passing on RBA rate cuts?

1 answer
Lendi
Relationship manager -Lendi

Hi, thanks for reaching out.
We work with 40 different lenders, which includes the major banks. We personally do not pass any rates, we are just informed.

Can I assist you with anything further today?

Regards,
The Lendi Team

Bobby M.

Bobby M.asked

Dear Lendi,

Do you give mortgage/loan for foreigners (non-PR) who bought Australia property such as Indonesian ?

Thank you.

1 answer
Lendi
Relationship manager -Lendi

Hi there, thanks for reaching out to Lendi! We will send you a private message to see how we can help you further!

olwen at

olwen atasked

I'am a 66 year old person, with a mortgage of $300,50 thousand dollars is there anybody that would give me interest only.

1 answer
Lendi
Relationship manager -Lendi

Hi there, thanks for reaching out to Lendi! We will send you a private message to see how we can help you further!

linda d.

linda d.asked

Hi there my husband and I have owned a business for 8 months and it is paying us both a combined wage combined of 1500 a week gross. The business is al sdo paying us back 300 a week for the money that we spent to buy the business. I also h ave a casual job paying approx 300 a week. We have a deposit available of 70000. Do we have any chance of purchasing a home in regional vic at this stage or do we have to wait 2 years? We would be looking to borrow approx 300000. Thankyou Linda

1 answer
Lendi
Relationship manager -Lendi

Hi Linda, thanks for reaching out!

We've sent you a private message to assist you further, please feel free to get back to us when you can.

sharon

sharonasked

my name is attached to 2 properties i am not on any of the the loans however i am a guarantor for 1 of them which the person who im guarantor for is willing to be a guarantor for me, the only deposit i have is $5000 i have been full time employed for the past 12 or so months with an annual income of approx $60,000 i do have a car loan and a $5000 credit card my question is can you help me secure a home loan ??

3 answers
JMD
JMD

sorry Im a bit confused..? We have just refinanced our loans with Lendi, I assume you would need to ask Lendi if you wish to secure a home loan, not us.. we are the client / customer.!!

sharon
sharon

Sorry i thought i was asking lendi

Lendi
Relationship manager -Lendi

Hi Sharon, thanks for reaching out to us. I'll be sending you a private message to assist you further with your inquiry.

Lisa

Lisaasked

If i have a not so good credit rating but can prove i can afford and then some make the mortgage repayments, could you help

1 answer
Lendi
Relationship manager -Lendi

Hi Lisa, thank you for reaching out to Lendi. I will send you a PM now to see what we can do for you.

SIDDHARTH KUMAR K.

SIDDHARTH KUMAR K.asked

Hi there,

how does it work when the lender values low valuation for the property? Mainly happening around with the construction loans given the current market trend.
We have saved 5%+LMI, a low valuation will just rule us out completely and losing our deposits would be a nightmare.

1 answer
Lendi
Relationship manager -Lendi

Hi Siddharth, it sounds like a case by case scenario that would largely depend on area and construction. There is generally no way to assure a valuation until the construction is complete. Are we currently assisting you with a loan at the moment?

Vivienne M.

Vivienne M.asked

Interest rate on interest only loans say for 5 years.

1 answer
Lendi
Relationship manager -Lendi

Hi Vivienne,

Thanks for getting in touch with us here at Lendi.

We can help you out with seeing whats possible, simply visit our site https://lendi.com.au and answer a few quick questions to get started.

If you need to know anything else, we're always happy to help.

Megan M.

Megan M.asked

What happens if you want to change lenders again after only a few months, because the new lender has increased the interest rate within a couple of months?
Are you charged a fee?

1 answer
Lendi
Relationship manager -Lendi

Hi Megan, Thanks for reaching out. So that we can look further into this for you to ensure that we give you the right information, can you please respond to our private message here on Product Review? Thanks!

Paul M.

Paul M.asked

We currently receive 60% of our retirement income from the U.S. and 40% from Australia, approximately $9,000 per month in total. Does Lendi have a "policy" that restricts the use of overseas retirement income in qualifying for a mortgage?

1 answer
Lendi
Relationship manager -Lendi

Hi Paul, Thank you for your question! To answer this for you, Lendi does not have a policy against this, however, there are lenders that are on our panel who may have policies that restrict this. To discuss this in more detail, please feel free to give us a call on 1300 323 181 or come through to our live chat!

Dotty

Dottyasked

What do you charge for your service.? Or is it commission paid

1 answer
Brenda
Brenda

The banks pay commission to Lendi; the consumer does not pay to use Lendi's services.

Chilly

Chillyasked

After my conversation I am left wondering what the first point of contact Lendi consultant meant, by the comment made that this point of contact, would not effect my credit rating? Seems like a strange thing to say, how could it or would it effect my credit rating at any stage?
I am reluctant to use this service by the comment in itself.
If you could clarify
Thankyou

2 answers
Tom
Tom

Every time you enquire or apply for credit, it is usually noted on your personal credit file/score.
In this case they are letting you know the enquiry to them will not show up or effect your credit score, unless or untill you make an actual application for credit with a lending organisation.

Lendi
Relationship manager -Lendi

Hi Chilly,

Firstly, thank you for your message.

Our Home Loan Specialist and Associates will send out our internal electronic privacy consent to allow Lendi to continue with a fact find and take a look into your situation. You will be asked to review our privacy and accept, should this be your decision.

Additionally, this can allow us to take a look at your credit file to determine an appropriate home loan solution for you. The consultant states that this will not impact your credit rating as we do not list an enquiry by following this process. An enquiry is only made once an application is submitted to the lender of your choice. However, you must also accept the Lender's privacy policy before this is even considered.

We are happy to contact you to explain this should you wish.

Thank you,
Sarah

Jay

Jayasked

I got 3 default paid do you think i can get a home loan with you guys?

1 answer
Lendi
Relationship manager -Lendi

Hi Jay,

Thanks for getting in touch with us here at Lendi.

We can help you out with seeing whats possible, simply visit our site https://lendi.com.au and answer a few quick questions to get started.

If you need to know anything else, we're always happy to help.

Michelle

Michelleasked

Hi we are looking to refinance our home loan, have just been rejected by our bank because we were late with a mortgage payment in January, which was actually a mistake from my salary packaging department.
Really want to roll our credit cards into the mortgage.
Should we wait to make another application?
Can you help us ??
Thanks
Michelle

1 answer
Lendi
Relationship manager -Lendi

Hi Michelle, Thank you for your question. We should be able to help you out with refinancing and consolidating your debt into the home loan, simply visit our site https://www.lendi.com.au/ and answer a few quick questions to get started. Alternatively you can give us a call on 1300 323 181. Let us know if you need anything else, we're always happy to help.

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