Lendi

Refinanced my home mortgage. It took around 4 months from start to finish. I spoke to 3 different people in Lendi. I told the senior lender that I need 6 split accounts similar to my current bank. He did not really understand or listen to what I need. Now I have 6 split accounts, however I am not able to change the limit of individual accounts which is important for tax purpose.

I was advised to take all my money as it will take the new bank 2 weeks so once we get settlement, I wont be able to access my money, it got delayed by 2 months and al...

My partner and I contacted Lendi in January 2022 for a refinance. Loan settled in June 2022. I believe our first consultant (sorry, don’t remember his name) was absolutely useless. If it wasn’t for Matt Herewini, we would still be waiting. Constantly updating payslips and proof of amounts for refinance. Sorry, but I would not recommend unless dealing with Matt.

It took more than a year to refinance a loan missing a better rate as it went up. Also promised calls and then never call. I got the loan in the end but with 1.7% more than when I started the application.

Mortgage broker (Tom) was awesome, we were off to a great start….upon handover to the Settlements team and everything turned to sh*t. Feels like a case of the left hand (Lendi) not talking to the right hand (Bank), lots of emails and phone calls with mixed messages, no clue as to what documentation had to be signed for the Bank, receive a confirmation from Lendi saying everything’s been completed then a week later apparently not so... I found it more helpful reaching out to the Lender directly to clarify the actual requirements. 3 months later….

The broker seemed rushed and bias. He expected me to sign the pre-approval paperwork immediately without giving me time to read the terms and conditions. He disappeared on me after I got the pre-approval and did not respond to my emails. I've ended up doing my own research and got a better deal elsewhere.

I used Lendi twice, once as a first home buyer and then for refinance. In both instances I got wrong products recommended and the process was so slow that I had to get loan arranged from somewhere else.
During refinance I was suggested HSBC. I patiently waited for 4 months but got an abysmal 3.37% fixed rate offer blaming the bank. I would recommend Lendi to those who want to waste their time.

We had an absolutely terrible experience with Lendi which made our home buying experience very painful.
Could have easily just went direct to the bank for a smoother experience in getting a loan.
We were assigned a broker who seemed OK at the very beginning, until after we had bought the property where all the issues started to arise.
She continuously made errors and spoken with certainties, when in fact she had no idea what she was talking about, and never apologises for her errors and puts the blame on others (the bank and us).

1. She was ce...

Decided to go with Lendi to re finance. Spoke to Anand Mehta. Very poor communication ability and comes across arrogant. We spoke on the phone at 11:30am and he said to expect a call from him at 5:30pm. No call. Wouldn’t return calls. How on earth could I trust someone with my 30 year term loan if he cannot even have the professionalism to call me back when he said he will.

Lendi loss my business and advise to not deal with Anand Mehta.

I own several properties and have been refinancing over 15+ years, including using brokers. In 2021 I chose to work with Lendi. Paul, one of the ‘Relationship Managers’ confirmed my market research that Westpac was the best option for me, with the enticement being $3000 cash back, which I met the criteria for. After completing the info for the loan application via the Lendi online portal I was passed onto Ardra ‘Senior Client Solutions Expert’, and here is where our problems began. The settlement was stalled multiple times due to Lendi, thi...

4.5 months to refinance and still waiting.
Never updated through the process asked for things over and over that had no relevance. I will go directly through a bank then use there service again!

I used lendi via the Domain website, a friend has also recommended it to me. Everything seems well at the start, simple setup, quick call back and great rates. But when things got serious, I started to feel that all my assigned broker wants to do is to lure me into the ING, that she doesn't care that my situation has changed and was pushing me to keep using ING.

ING currently has 21-day waiting time for pre-approval, it wasn't a problem for me at the start as I was just browsing through properties, then I found a property that I'm interested ...

Extremely disappointed with the service and outcome I received after being promised to be refinanced with HSBC. Lendi had me believe everything looked great and was going to take a couple of weeks to get approved. 2 months later after going through the whole process I get turned down because I’m self employed and run a business. Don’t bother wasting your time! Refinance with someone else as I found a much better company that’s already getting me approved and refinanced.

We have been on the refinance merry go round directly with Macquarie Bank for months and so decided to look elsewhere. The initial phone interview was very positive and we had a scheduled video meeting with Leigh Passfield that evening. Again all looked promising, surprisingly Macquarie Bank was seen as the best fit for us and Leigh offered to follow up with Macquarie Bank. Then the door seemed to close quickly once we reiterated that we were looking for an interest only period of 5 years - which had been communicated in the initial phone in...

Was trying to be persuaded to get a loan for $800,000 when I couldn't afford it. I have been getting advice from Aussie and Mortgage Choice and they are much more realistic, $350k loan. I own an apartment worth approximately $600,000.

The broker i delt with to start the process Eric was fantastic but it went down hill from there , i was sent 2 incorrect bank contracts the settlement member Roneel was very hard to get onto he only returned my call after an email outlining my intentions to contact the ombudsman I was given 6 different settlement dates with a lack of explanation why ? that is totally unacceptable and poor business practise we have excellent credit history which was a straight forward application but clearly for a business that is in this line of work on a daily basis cant even get the simple refinance contract settled in a timely manner this is a real concern .I definitely will not be recommending Lendi to family or friends .