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Lendi
Pros
- 3 reviews
Started off well.
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.
- Transparency
- Customer Service
- Incentivised Review No
- Loan TypeVariable Rate
- Loan Start DateMarch 2022
- Loan used forSecond Home
Incompetent Broker
They have good concept to help people looking for better options. I think it works out well for refinances, but for new loans they are not the one to approach. Many undisclosed factors
1. Timelines even when known by broker not disclosed to customer... e.g ANZ taking 8 weeks to pick file.
2. Incompetent knowledge on how to handle complex files - broker was just unable to highlight risks upfront from the files provided. Where in you expect broker to read your files correctly and thoroughly.
3. Incomplete communication/document submission by br...
- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan used forSecond Home
Hi There, thank you for taking the time to review your experience with us. We take customer experience seriously and will be looking into what has happened here. We will send you a private message to ...
Read morediscuss this further. Please reach out if you have any further questions or queries and we would be happy to assist you.I don’t think helping you guys with phone number did any good. I am yet to hear from your broker and believe me it is worst service ever received by servicing industry.
Hi Ravi, sorry to hear you have not received any contact yet. I have organised for our senior manager to reach out to you this morning to work with you on a resolution here. Please do not hesitate to let me know should you have any further questions.
Worst experience
Too many errors and not kept informed worst experience ever, Lucky I had a good conveyancer
Applied 22/4/20 finally settled 7/8/20.
I was under the impression Brokers were to take the stress out of home purchasers, the stress created was huge.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Online Tools
- Incentivised Review No
- Loan TypeVariable Rate
- Loan Start DateAugust 2020
- Loan used forSecond Home
- 4 reviews
- 2 likes
- Verified
Slow to respond and get back to us
I spent a lot of time uploading documents to Lendi, we had the worst experience with one of the senior brokers. She made appointments with us 3 times, once she was late (benefit of the doubt), second appointment she forgot and then blamed traffic (ok sure), 3rd time she said she would call after 3pm no follow up (it's been a week). Each time it was me chasing here.
- Transparency
- Customer Service
- Application Process
- Timeliness
- Incentivised Review No
- Loan TypeFixed Rate
- Loan used forSecond Home
Hi Rebecca, thank you for taking the time to bring this matter to our attention. This is certainly not the type of experience we pride ourselves on providing. We'd love to investigate this further for...
Read more you. In order to do that, can you please respond to our private message we have sent you? We're looking forward to your reply so we can get this sorted for you.Find out how Lendi compares to other Home Loans
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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
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Hi Sasha, 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 discuss this further.