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Lendi
Pros
- 2 reviews
- 1 like
One star because there is no ZERO
After 2 months a simple refinance has not gone through. Complete incompetence by the broker and no follow up or replies by the head of customer complaints. Final straw is phoning the ONLY phone number and getting a lady in India who barely speaks English, has the worst phone connection and a CRYING BABY in the background. Lendi has put me off ever using a broker again.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateJuly 2022
- Loan used forRefinancing
Great at the beginning
Fantastic to get the ball rolling and get you signed up. Unfortunately when they hand you over to their closing off staff they are terrible. Won’t reply to emails asking about the current status, won’t return calls. Frustrating as hell. I highly recommend going through a private mortgage broker.
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateDecember 2021
- Loan used forRefinancing
Hi Addam, thank you for taking the time to review your experience with Lendi. We take customer experience seriously and will be looking into what has happened. We will send you a private message to di...
Read morescuss this further. Please reach out if you have any further questions or queries and we would be happy to assist you.Helpful and friendly
Overall the team were helpful and found us the best solution…. I did find communication dropped off a bit once loan was approved pending settlement, but we are very happy overall.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi Julie, thank you for taking the time to leave us such a positive review of your experience with the Lendi Team. Here at Lendi, we put customer experience at the forefront of everything we do. We’re...
Read more so happy to hear your experience was in line with what we expect it to be. Please do not hesitate to reach out to us in the future if there is anything further we can assist you with.- Verified
Took over 3 months to settle
Mortgage broker was great but Lendi themselves were hopeless. Took over 3 months to settle…kept telling me they were hoping for it to happen the following week..again & again & again. Rate was good. But 3.5 months was not what I consider to be easier & quicker
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateJune 2021
- Loan used forRefinancing
Hi Meg and Nick, thank you for taking the time to review your experience with us. We’re so sorry to hear that the process wasn't quick and easy for you. We pride ourselves on our customer experience a...
Read morend we will be looking into what happened. We will send you a private message to discuss this further but please feel free to reach out if you have any other questions or queries.Find out how Lendi compares to other Home Loans
Know better, choose better.
- 12 reviews
- 6 likes
Incorrect calculations lost us thousands
Lendi agent made an error in his calculations, advised us of the amount we could offer on a property, whist keeping our $60k savings. The $60k was needed to cover the cost of some major repairs on our house before we leased it out to tenants. This was made very clear from the beginning. Numbers were off and we lost it all. Complained to the company and manager, who then tried to "help" us by offering to assist us to borrow more money to get back our $60k. No compensation for financial and personal stress offered, just help to get further into d...
Read moreebt and higher monthly repayments. Very upsetting and stressful. One of the worst experiences of our life. Now have to ask family to borrow so we can take care of the repairs. Beginning the complaints process with AFCA.- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateMarch 2021
- Loan used forRefinancing
Hi Bec, thank you for taking the time to review your experience with Lendi. We take customer experience seriously and I am aware that you currently have someone looking into this for you. Please don't hesitate to reach out if you need.
- 5 reviews
- 1 like
- Verified
It's a 4.5-star rate!!!
Very happy with the services, staff shows being eager and enthusiasm and guided me through the process.
Some required documents were asked a couple of times though and timeliness needs to be improved if can. however, it turns all worth the effort in the end.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateApril 2021
- Loan used forRefinancing
Hi, thank you for taking the time to write Lendi such a positive review! It's great to hear your team were able to guide you through the process. We definitely appreciate the feedback as well and feel free to reach out to us if you ever need!
Review collected in partnership with Lendi
Will never go through lendi again
Applied for a loan in November 2020, loan still has not gone through May 2021. I have lost a lot of money in interest in this period of time! Lendi keeps blaming the banks for the wait, however are very slow themselves to find resolutions to questions I have asked.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi, thank you for taking the time to review your experience with us. We’re so sorry to hear your experience was not an enjoyable one. We pride ourselves on our customer experience and we will be looki...
Read moreng into what happened. We will send you a private message to discuss this further but please feel free to reach out if you have any other questions or queries.Related Articles
- 3 reviews
- 2 likes
Worst home loan brokerage experience ever
It took us 6 months for a simple home loan to be processed by Lendi. We had 2 loans, both with big banks, that we were getting refinanced into one loan, to another big bank, and due to Lendi's mismanagement of our refinancing, we had to submit our loan statements 6 times because of the time that had elapsed between submitting our paperwork to the receiving bank. I had spoke with all the banks trying to see where the hold up was and they all said it was because Lendi was not sending the paperwork through. Even the banks tried contacting Lendi...
Read more to assist with the transfer and got nothing. Just the accrued interest that we gained over this time, cost us money. The only reason this got resolved is because our submission got red flagged and sent to Lendi's BDM, where the completing of the transfer happened in one day. The staff were very nice and seemed genuinely supportive but the complete lack of management and following due process was inexcusable. I see the other reviews have been positive, but there is no way I will ever recommend Lendi as a professional service- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeSplit
- Loan Start DateApril 2021
- Loan used forRefinancing
Hi David, thank you for taking the time to review your experience with Lendi. We take customer experience seriously and will be looking into what has happened. We will send you a private message to d...
Read moreiscuss this further. Please reach out if you have any further questions or queries and we would be happy to assist you.Frustrating Process. Constantly Ignored. Unprofessional service.
Process started off brilliantly with constant, clear communication....then Lendi dropped the ball and the process ended up taking 2 months! I didn't get the rate I was offered. My emails and phone calls were being ignored because they "forgot" or were "busy with other clients". Extremely unprofessional
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi Kellie, thank you for taking the time to review your experience with Lendi. We take customer experience seriously and will be looking into what has happened. We will send you a private message to d...
Read moreiscuss this further. Please reach out if you have any further questions or queries and we would be happy to assist you.Find out how Lendi compares to other Home Loans
Know better, choose better.
Very professional and helpful
The customer service we received from George El-Khoury was professional and extremely helpful. George walked us through the refinancing process and ensured that we had all necessary information to make an informed decision. Not to mention the rate we received as much better than we had hoped.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi Coleman, thank you for taking the time to leave us such a positive review of your experience with George and the Lendi Team. Here at Lendi, we put customer experience at the forefront of everything...
Read more we do. We’re so happy to hear your experience was in line with what we expect it to be and we hope we can get the opportunity in the future to earn that fifth star! Please do not hesitate to reach out to us in the future if there is anything further we can assist you with.- 2 reviews
- 3 likes
Into our 4th month and finally we might see light
Into our 4th month and finally we might see lighr...our manager got us good rates and then we never heard from him again apart from an email blaming the other bank. Their specialists then told me to contact Adelaide Bank as Lendi were only the middle men and not responsible for organising the discharge papers. Great, you contract a supposed mortgage broker and you have to do the work yourself. If I had my time again I would NEVER touch this sham of a company. [Name Removed] you should be ashamed of yourself for not keeping your promise in following through and assisting.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi Esilio, thank you for taking the time to review your experience with Lendi. We take customer experience seriously and will be looking into what has happened. We will send you a private message to d...
Read moreiscuss this further. Please reach out if you have any further questions or queries and we would be happy to assist you.Can you answer me as to why, as your specialist, Tammi, said to me on Friday 29th November, that "the bank could not possibly do the the refinancing of the loan at the end of the month as they were at...
Read more capacity and could not do any more loans." Why was this not conveyed to me. Given that the forms had been filled out and have been put in the post on November 11, and on November 13, Simon advised me that, "The lender has received the signed docs and will have them verified within 2 business days " Then on 22nd November he advised me that ING now that they have accepted the discharge and ING advised that they are still processing the discharge form which will take 3-5 business days.Hi Esilio,
Thanks for reaching out to Lendi! ...
Read more I understand you have spoken with one of our senior managers in regard to this. Please reach out if you need any further assistance. ThanksNice people but terrible customer service
The online process was quick and easy, but when it came to having to actually speak and deal with their 'experts' it has been a very long drawn out process, and I have pulled plug after 2 weeks of them telling me we will call you tomorrow, and each day there is no phone call. I will get an email, sorry we will call tomorrow, and again no call. So I have had enough and going elsewhere.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeSplit
- Loan used forRefinancing
Hi, thank you for taking the time to review your experience with us. We're so sorry to hear your experience was not an enjoyable one. We pride ourselves on our customer experience and we will be looki...
Read moreng into what happened. We will send you a private message to discuss this further. We are looking forward to resolving this for you.Find out how Lendi compares to other Home Loans
Know better, choose better.
Questions & Answers
Hello, waiting for someone to answer my email about removing my details from your system as you broker was rude. I have emailed heretohelp@lendi.com.au - and there is no one on the other end to help.
Please respond to my email and follow instructions within.
Looking forward to a reply.
Hi Casper,
I have sent you a private message here on Product Review in order to rectify this issue urgently. Looking forward to hearing back from you!
Hi lendi.
I am a free-lance real estate agent and now working for Investment Property Consulting. I have a client who wants to buy an investment property. Here are his relevant information:
1. A single-earner with no dependent except his wife who’s not working;
2. He’s earning $65k a year; no personal loan with credit card with 6k limit;
3. His owner-occupier is valued at more than 65k with existing mortgage of only $194k;
4. He is willing to put deposit up to 30% coming from his equity
He wants to know how much he can borrow. I can provide you with any relevant info/documents you may require and you can talk to our client after. You may call me through my mobile phone.
May I hear from you soon.
Thank you.
Alex
0430 308 813
Hi Alex, thank you for reaching out. We actually have a really useful tool on our website to help with your inquiry called our burrowing power calculator https://www.lendi.com.au/calculators/. You can...
Read more complete the questions to determine the clients capacity. Alternatively, the client can reach us directly by calling us on 1300 323 181 to get in touch with someone from our team. Thank you.Why doesn't lendi answer their phones anymore ,I have used them previously and found the service great but now can't speak to anyone?
Hi Daniel, thank you for taking the time to leave us a question.
We take customer experience seriously and try answer all inbounds, otherwise we have a call back system in place in case we miss any calls. ...
Read more We will be looking into what has happened and will send you a private message to discuss this further. Please reach out on 02 80264019 if you have any further questions or queries and we would be happy to assist you.Get an answer from our members and Lendi representatives
Details
About Lendi
Lendi is an Australian home loan platform that helps borrowers compare, apply for, and settle their home loan. They work with over 25 Australian banks and lenders to provide you with options that meet your home loan needs.
After inputting information regarding your financial situation, Lendi’s smart technology will compare and filter through thousands of loan options to find your best match.
You will then be given a tailored shortlist of home loans based on the information you have provided. Lendi uses an Approval Confidence™ tool that means you’ll only be shown loans that you have a high approval likelihood for.
If you decide to move forward with a loan, Lendi’s Home Loan Specialists will guide you through the application and settlement process. The application process is entirely online, and expert help is available 24/7.
Points of praise:
- Many reviewers found that Lendi gave them access to competitive deals on the market.
- They also said that Lendi Home Loan Specialists were incredibly easy to deal with, professional, and thorough in their explanation of the various options available to them.
- According to reviewers, the platform was easy to use and upload relevant information and documents.
- ABN: 18611161856
ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.
Hi there MMM,
Read moreeach interaction. We understand you may have already spoken to someone in our team regarding this matter but we would love the chance to follow this up and look into this further for you. A direct message has been sent to you so we may assist you moving forward.Thank you for taking the time to advise us of the experience you recently had with us. We are sorry that it is was not positive as we always aim to provide the best service we can with ...