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Lendi
4.6 from 2,433 reviews · View Statistics
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Cass
CassGold Coast
  • 2 reviews

Absolute waste of time!

published

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.

Transparency
1/5
Customer Service
2/5
Application Process
1/5
Timeliness
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forFirst Home
Lendi
Relationship manager -Lendi
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Bryan B.
Bryan B.Greater Melbourne (Outer), VIC
  • 2 reviews
  • 1 like

Very disappointed with Lendi settlement team

published

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 .

Customer Service
1/5
Application Process
2/5
Timeliness
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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ripoffsspreets
ripoffsspreetsGreater Melbourne (Inner), VIC
  • 28 reviews
  • 53 likes

Multiple documents

published

Started a refinance loan through Lendi, the agents i have had 3 now and do not call when they say, even got told they forgot, then asking for same documents over and over, i am done have not finished filling in info because they want me to run around and get a release form from the bank when there has been no approval, then the other bank if i get the loan want to charge me to get the same document signed again forget it hire professionals not young people who have no idea what they are doing, i asked for a pacific loan including credit card and this has been ignored.

Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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Morty
MortySouth East Queensland, QLD
  • 3 reviews
  • 1 like

Best platform so far

published

You simply upload one document at the time step by step until you have all boxes ticked.
That's it.
Then they contact you for best loan options and they submit all documents to your new loan provider.

Transparency
5/5
Customer Service
4/5
Application Process
4/5
Timeliness
2/5
Online Tools
5/5
Incentivised Review No
Loan TypeFixed Rate
Loan Start DateNovember 2021
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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Yokas W.
Yokas W.Canberra 2600, ACT

These guys are unprofessional, inefficient, incapable, cost me 4k in penalty due to their slow processing time

published
Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forFirst Home
Similar opinion? Write a review on ProductReview.com.au!
Jon
JonPerth, WA

What a joke this company is

published

Had a dispute about 6 weeks ago and manager called and we sorted it out ..told everything will be fixed in 21 days..so I proceeded no further as took their word again.. !! What a mistake that was 27 days and still waiting ..should have kept to my guns and principal instead of being understanding..no car taken here..very..very poor

Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan Start DateJuly 2021
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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Wish I had use them Sooner.

published

Excellent and approachable customer service. Made it all very easy. Susan was excellent and friendly. I am glad I chose Lendi and only my regret is that I wish I had use them sooner.

Transparency
4/5
Customer Service
5/5
Application Process
4/5
Timeliness
5/5
Online Tools
5/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi

Hi Chanthy, thank you for taking the time to write Lendi a great review! I'm glad to hear Susan and the team were able to do a great job in assisting you throughout the process. Please feel free to reach out if you ever need!

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Natasha
Natasha South East Queensland, QLD

Waste of time

published

I found the staff to be very inexperienced, young and lacking in confidence in communicating over the phone.

I had to take three phone calls from this company in a matter of hours only to be taken around in circles, I had to answer the same questions three times and reached a point where I gave up, feeling the conversation wasn't going anywhere.

Very frustrating.

Transparency
2/5
Customer Service
1/5
Application Process
1/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
Similar opinion? Write a review on ProductReview.com.au!
Timothy K.
Timothy K.Sydney, NSW

Good service and quick response

published

The experience with Lendi was great overall. They are very helpful. However, the turnover time can be a little lengthy as you are submitting application the bank via a broker. Apart from that, I would recommend them to anyone seeking for a loan.

Transparency
4/5
Customer Service
5/5
Application Process
4/5
Timeliness
3/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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Lendi loan process

published

The process of going through Lendi did take a while, but it was worth it in the end. Seemed to be quite thorough process in getting all the information together for the bank and hence having the best chance of securing the loan. Rishi Nandi was my broker and was a likable and professional character to deal with.

Transparency
4/5
Customer Service
5/5
Application Process
3/5
Timeliness
3/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRenovation
Lendi
Relationship manager -Lendi
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Jinx T.
Jinx T.Wide Bay-Burnett, QLD

Absolute nightmare. Go straight to the bank and forget lendi.

published
Transparency
1/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Online Tools
2/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
Jinx T.
Jinx T.

Process started 02/04 and finalised 09/08 to do a simple re-finance of my home and investment loan. Thanks Lendi.

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Patricia B
Patricia BGreater Melbourne (Outer), VIC

Amazing service

published

The service we received from our home loan consultant Kathryn was amazing. She was always keeping in touch with us and informed us of any delays. She found us a really good loan, we could not be happier.

Transparency
5/5
Customer Service
5/5
Application Process
4/5
Timeliness
4/5
Online Tools
4/5
Incentivised Review No
Loan TypeFixed Rate
Loan Start DateJuly 2021
Loan used forRenovation
Lendi
Relationship manager -Lendi
Similar opinion? Write a review on ProductReview.com.au!
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Art
ArtSouth East Queensland, QLD
  • 4 reviews
  • 1 like

Great Job Luke Sutton

published

Thanks Luke for your good work.
Luke was great to work with, always answering emails and my phone calls in a quick amount of time.
Any issues he would get corrected ASAP where he could.
Always tried to be honest.
Great job Luke Thank you. Lendi are lucky to have good people like you representing the company.

Transparency
4/5
Customer Service
4/5
Application Process
4/5
Timeliness
3/5
Online Tools
3/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forRefinancing
Lendi
Relationship manager -Lendi
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Michael
MichaelSydney, NSW

The Sales Process was great

published

The first encounter and support from Mike Lam were great. He provided me with the information that I needed to decide to purchase another property. When it came to the home loan decision time, he reduced my overall interest rate for my investment property and got me a good rate on my additional home loan.

The support after the sale could have been better. The communication about the next steps and timing was a bit uncoordinated and could have been better.

Overall I am a happy customer that got the desired outcome

Transparency
4/5
Customer Service
4/5
Application Process
3/5
Timeliness
3/5
Online Tools
4/5
Incentivised Review No
Loan TypeVariable Rate
Loan used forRenovation
Lendi
Relationship manager -Lendi
Similar opinion? Write a review on ProductReview.com.au!
Barbara Dooley
Barbara DooleySydney, NSW

Terrible service

published

Took over 3 months to settle. Most frustrating process I have ever been through. Never again. Next time I will go straight to the Lender and not use this Company.

Transparency
2/5
Customer Service
1/5
Application Process
1/5
Timeliness
1/5
Incentivised Review No
Loan TypeFixed Rate
Loan used forFirst Home
Lendi
Relationship manager -Lendi
Similar opinion? Write a review on ProductReview.com.au!
Page 1 of 3

Questions & Answers

Alex G.
Alex G.asked

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

1 answer
Lendi
Relationship manager -Lendi

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 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.

daniel m.
daniel m.asked

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?

1 answer
Lendi
Relationship manager -Lendi

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.

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.

Munyua G.
Munyua G.asked

Hello Lendi, i signed into your platform yesterday, 11th October,you allocated a loan of 16500.I applied and in fact paid your registration more than once in error (200x2); i have the Mpesa messages. Now when i try to confirm payment, i get the message,'no payment found try again after some time'. Is this a con game or what?

1 answer
Lendi
Relationship manager -Lendi

Hi Munyua, Thanks for reaching out. Can you please confirm for us what website you used as we do not take any payment via our platform so I believe you may have the wrong company here, never the less, we are happy to look in to this for you.

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