13 Weeks and Home loan Application Still Not Approved!
All home loan application details were completed on 18 February and am still waiting for approval! NAB are completely hopeless in every area of the home loan application process including communication. Wish I had not applied with them, it has cost me a over $1500 in extra interest while they mess around. They make no apologies just make weak excuses, the last one 3 weeks ago. Do not believe the NAB web site which states a 4-6 week time frame to complete your application, that is a lie. If you are considering a home loan avoid NAB at all costs.
Hassle free service from Winnie Cheng, 800 NAB. Amazed with her service and timely help. within 2 days she got the pre-approval for me where broker took 2 months.
This is worst experience for my first dream home loan
I am actually speechless about my anger with NAB. Their people are very inefficient I guess. I had conditional approval already several times, but again they asked for papers. My settlement was delayed due to manual auditing; again now building loan is delaying. It was pre-approved 2 months ago but now showing processing to pre-approval. They main anger is with the banker. She doesn't answer the phone, don't reply to emails and even ignored my when i went to Bank. So please avoid NAB (specially Belconnen ACT branch)
Their loan settlements team should all be FIRED. You incompetent useless TURDS!!!!
I actually didn't apply for a loan thru NAB. Just the vendor of the property I bought unfortunately had these useless tossers as a bank. It was meant to be settled on the 12th of Feb initially. Vendor solicitor, vendor, my bank (CBA), my solicitor, everyone is fine and ready to settle then NAB replies oh can't settle on the day of the settlement then says oh we'll settle on the 14th of feb. Then again sends a reply to the solicitor saying can't settle today either at 1pm. Doesn't give a date at all for settlement, just straight into the ether. ...This is all done through PEXA. Everything is in, except for the idiots at NAB who keep delaying for NFI reason because they're playing grab your pin crap in the settlement team of scum. You call yourselves a business bank? As if you pathetic tossers. You should all be licking the gutters on the streets. Specially you [name removed] you maggot customer service tosser. You are an embarrassment when you have a team like this knob. Your bank will never go anywhere. Anyone buying property or conducting business just stay the f away from NAB halfwitss.
Slow and Inconsiderate
We applied with NAB through our broker for a home loan. We are first home buyers. We had conditional approval, they had 3 weeks before finance was due on the property and they missed that deadline. Then we were told through our broker that it would be another 3 weeks before we'd hear anything, which would be past settlement date. We are in the process in applying with another bank. Stay away from this bank like the plague. They'll cause unwarranted stress.
Avoid NAB Please!
Never bank with NAB, especially home loan and Credit Cards. The staff do not know how to treat customers. I am desperately looking my contract tenure be over so that I can switch it to another bank. Please listen to other people and avoid NAB.
stuffed me around and almost cost me my house
worked with them for 3 weeks while i had a deposit on land and build, they had all document's needed and appoved my finance to at the last minutes before settlement to tell me the credit team would not allow spit construction loans any more.. i could possibly lose my deposit and house.. and they dont care why would they not say this at the start so i could find another lender rather then drag me around for 3 week and possibly cost me everything.. horrible
The Worse bank ever!
This must be Australians worse bank ever! Highly offensive staff with scripted dialogues, no common sense and general inability to assist with any issues.
I am so glad that I have refinanced all my mortgages and banking with another bank. I have also moved all my business banking to Westpac and I have never been happier.
NAB is like a dinosaur with their technology and processes. At least I have learnt my lesson to never bank with NAB and I encourage all others to ditch this awful bank and refinance with another bank so you can actually enjoy your money.
Home loan retention team treats you like an Idiot
Just come off the phone from the home loan retention team with J.... Got treated like an idiot and basically was like a sales call, wanting me to do more business with them and channel more their way. I wanted to give them an opportunity to do something about my rate. Obviously NAB does not need customers. You lost me as a customer after the experience with your just about insulting Team Member
Home loan rates
Interest rates have gone down, rang NAB to get a better rate, spent 45 minutes waiting to speak to someone to be told they will not reduce my rate. They could of told me when they were going to transfer me for the 45 minute wait that I was wasting my time thinking they would reduce the rate.
- Verified customer
They ruined our home loan application which cause to lose our 31K deposit.
That was a worst experience ever in our life.They gave us a conditional approval with highest rate and finally declined our application in the due date avoiding go for another provider.We lost our $31000 .Stay away from these liars.Very disappointed.
Resolved the issue upto satisfaction
They resolved issue up to my satisfaction this is called turn the customer perception!
3 years of good deed what I had with bank (moved from another bank) tattered with in seconds due to Extremely poor customer service. Credit of that goes to REDSTAR CONSTRN LOAN team. I would not even close near by to that street where this banks is.
One star because there is no option less then that.
Diasppointed to say I am on verge of losing my home which I just got the keys this morning and have to sell it if bank continue with their dirty deeds.
Dangerous... Warning!!! Cruel & nasty people stay away.
NAB called me yesterday to discuss my homeloan threatened to not allow settlement to pay off home loan.
Warning do not talk to nab make nab send to you communications in writing. They are disgusting liars.
What's worse is NAB do not help after divorce or separation for transfer and make you suffer even if you still make monthly payments on time and sacrifice buying food and turn off electrical power heating to save money to pay the loans on time.
Warning do not fall for a homeloan with fake smiles from nab and feel good stars in you...
Terrible customer service. The rates are not competitive and they will bully you into keeping your loan with NAB when you call to negotiate your interest. Really high annual fees ($395) and I still have no idea what the annual fee covers.
I had a fixed rate and once the fixed period ended the interest rate switched to a very high variable rate. I pay on time with a good credit rating yet they treat you like your loan is subprime. Look elsewhere before taking out a loan and do not trust a Mortgage Broker who recommends NAB.
Very unprofessional in approach and customer service
We took home loan from nab through broker and afterward whenever we need any help bank refuse to help they always use to say that you took loan through broker you should go to them I don’t understand why the bank has broker if they don’t want to help the customer who has gone through broker.
I had a approval from CBA but we selected NAB because it is our choice of bank from the day one in Australia banking support was good but we had bitter experience in terms of home loan the CBA broker told me many times that you are doing a mistake but I sai...
Home Loan experience is POOR!
I was a first home buyer and had a loan approved with NAB. All seemed well at first until i tried to refinance loan into just my name. They kept making me pay other debts off i had in full with the illusion that finance would be approved afterwards and each time they rejected me.
When i was selling the house, the day before settlement the collections team had not approved for settlement to go ahead, nor did they bother to tell myself, my settlement agent, or the other part of their own bank chasing info on why not. There was a short fall in p...ayment and arragement was made for myself to pay and owing amount the day after settlement when they would phone me. I have not received a phone call, email or letter from NAB. But have recently found out they have been charging me dishonour fees over 2k now.. i tried phoning them 3 times the week after my settlement to pay this...(not my f*ing job) and could not get ahold of them.. I would NEVER reccomend that anyone use this bank. They are incompetent and are CRIMINALS!
Very disappointed with the service
Our broker applied for the home loan with nab and it was a terrible experience for us. They gave us pre-approval with no specific condition. We looked for the property based on the loan amount they mentioned in the letter. However, after we payed 0.25% of the home price to the agent, we waited for two weeks to get the loan and at the end, the bank rejected our application. The reason was my husband ABN that they knew at the beginning. Nothing changed in two weeks. They just wasted our time with two little kids traveling 3 hours every week for inspection and back.
They don't care
Questions & Answers
What does it mean if your application was on nab online than a few days later it’s no longer on it/
Just been offered fixed rate 2 years 3.69 from my current rate 4.29 yet told my repayment won’t change? Why ?
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