Borrowing against our equity
Catherine at Gold Coast South Loans Center was great, she worked with us all the way and made sure we were kept up to date. Thank you Catherine for helping us make our dream pool come true.
Asking Opinion for those In RAMS.
This is not a review,..
I'm about to apply RAMS Home Loan, I started the application process atm. I just bit confused regarding this Salary Sacrifice. Is it necessary to RAMS to do Salary Sacrifice in order to approve the Loan?
Behind in every criteria
Its takes days for any transfers to go through (sometimes up to 5 - yes, that even if its someone that you transfer money to every single week). It has actually gotten slower the longer I've been with them. No VISA or Mastercard option, so you can forget completing any online purchases with their card. Zero technology on their website, in fact its got some areas that are a bit faulty. Not user friendly.
I originally changed to them because they had better savings interest rates but that was short-lived.
They literally offer nothing that someone else isn't doing better.
These days you've got banks with instant transfer, budgeting technology, VISA, and better rates. What the hell are you doing Rams?
Worst experience of my life
Worst experience of my life. Because I don’t have Netflix or internet in on my home (which is due to the hours I work), I most live below the poverty line and must be lying as no one lives like this. Even the manager was shocking. Got the loan at a better rate with someone else
A big shout out to your team at Sydney,we usually go thru our broker at Margate Qld but with Covid had to call Sydney to change our loan requirements.Been with Rams for 18yrs now & I understand you’ve been under the pump with the COVID thing & had to implement many changes which was explained to me.Thank you for your help during these uncertain times.Meryl & Steve Dodge Qld
Good, though rates have dropped
I had a RAMS saver for a couple of years to build up savings. I opened the account as it had a very good rate (with easy conditions).
Their website is fine, though their statement dates are not in sync with the financial or calendar years.
Their call centre were easy to contact, and good to deal with when I had to.
Unfortunately they recently dropped the savings rate to a point where I wouldn't open an account with them.
Beware Trust Rams at your own risk
This has to be the most dishonest company I've ever had dealings with. I've complained but they did not even reference my questions. They bang on about legalities but integrity is completely missing. They don't get it. I dread having to deal with them because I believe if they treat their customers with contempt, they won't answer questions they don't like and probably force their staff to do the same, Not good enough. They lie by emission and they seem fine with that. This has been my experience since day one. Their interest rates are not good and there is nothing I could say to recommend this outfit
Always there when you need her
Zoey Langdon has been an exceptional home loan manger for us, goes above and beyond when she doesn't even have too!
Thanks Zoe for everything you have done so far, I know you will be there for us next time as well :)
Utterly disgusting. What a disgrace.
I was put on to the Geelong office where I was told I would get a 9 month bridging loan and so and so per cent and so i waited and waited for the paperwork, including emailing - to nothing. I then wrote again and was put through to the same office. The same guy spoke to me, this time stating he didn't think Rams offered that and he didn't know why he'd told me. I might add that both referrals were to a woman at Rams Geelong who never bothered to make contact even though she was my port of call via the Rams site. I have never been so disguste...d in a company in my life, how dare they! So now we have to sell first, to then buy where we're going for my daughter to go to uni to do a double major/Masters, and we were hoping to move stuff out and buy first so I could fix the house up here first. Can't be done, and they led me on. I hate them and there should be an inquiry into their ethics. Absolutely disgusting and disgraceful!
Find somebody else
Try to change my loan from low docs to a normal house loan. They gave me the run around. I was on income protection for 2 years with a snapped ankle and they said they couldn't use that as income. I have never missed a payment. Very disappointed
WORST BANK EVER!!!!!
We received a home loan from them and had money in our redraw but every time the money disappeared. Tried calling so many times but the people said they cannot tell us where the money went have to wait and call back. Called again and same thing happened. They never have the straight answers, half the time people don't know what is going on and you have to go through multiple people or wait a number of days before even explaining what is happening.
I wish I went with ANYBODY else. Online banking horrendous, app is even worse. Extremely high fees. No customer service. No Debit cards to access your money on offset accounts, they use eftpos, didn’t even know they existed anymore
empty promises. no customer service. high fees.
I currently have a home loan with you. Each time I’ve contact customer service I’ve had a horrible experience.
The very first time was when I got a message to say that my direct debit of $50 for the construction loan was overdue. I called to rectify this straight away as I am never late in any of my bills. When I called the call centre I spoke with this very rude and abrupt lady, she implied that I was crazy as “RAMS don’t do direct debit as it is illegal” she would not let me speak, shut me down each time I said my previous construction prog...ress payments were being direct debited. She got frustrated with me and said she will transfer me to someone else. This was very stressful for me, being my first home loan I really didn’t want to get on a bad start. I finally got through to another RAMS representative and I had to start the call like new. Full ID check, had to relay what my enquire was and what happened in the last call. This lady was nice and very helpful, unfortunately the first person I spoke with didn’t leave any notes so the second representative was unsure what she was talking about. She explained to me that direct debit is normal, the only reason I got the message was due to the public holiday and it will get processed following business day -nothing to worry about. The second time I called was to discuss what to do when my construction loan is completed. I called the call centre. They said they weren’t too sure but to call the person that set up my home loan account. Once I advised that they are no longer open she then referred me to the closest RAMS office to enquire. I believe it was RAMS Mooloolaba, I spoke to a lady that was extremely rude. I wish that call was recorded and she was extremely condescending, she would not answer my questions and told me to call the call centre. When I asked her if I could get the valuation that my house was valued at she said that RAMS don’t do a proper evaluation, someone only goes out to make sure the house is completed after the build. This I found annoying as when I first signed up with you, [name removed] was my loan advisor, he said that we would get a valuation of the home once completed. So am feeling deceived as now I need to pay to have one completed. Then I called to simply request my bank details be updated as I simply changed banks. I thought I could do this over the phone like any other company. But no, I I was sent a form to complete. I completed and emailed the form back, only to receive it back again to say it was missing information. I had to print the whole form again since the last one was chucked in the bin. I don’t hear anything. I tried calling, long wait in the queue, couldn’t get through. Then get an email to say to call RAMS. The call centre isn’t exactly to get a hold of. But I tried, couldn’t get through. Now to my most recent events with RAMS. The end of my construction loan. I received a letter to call RAMS to get my change over fee waived. Great. Called through, no you can’t change until a week before the 1st of April 2020. Alright, Called a couple of days before then, spoke to a gentleman, didn’t catch his name, he said good news we can waive all fees and you can get an interest rate of 2.79% without any prompting. I thought this was great as I was considering refinancing for a similar interest rate. I also wanting to change my monthly payments to weekly or fortnightly as that works better for us. He said I was entitled to all these changes. But he can’t do anything until the 1st of April 2020.
Used to be personal and flexible. Not anymore.
I"m charged 4.12% for P&I investment loan. Their advertised rates are much lower, Other banks offer even lower rates. When I pointed these out to RAMS they do the usual merry-go-round between customer support and branch / franchise staff. If you are considering an investment loan don't go here. I'm moving to online lender at 2.69% with similar terms.
Unconscionable and exploitative lender.
The ruthless franchise model of RAMS branches is not compatible with customer-focused solutions. Complaints to the escalated team are routinely ignored. Emails to RAMS are ignored. Our dealings with RAMS South East have been nothing short of a shambles. We have observed 4 separate staff members who have departed (as evidenced by automatic email replies advising of their departure) which makes communication all the more difficult. We were assured in writing when we applied for the loan that after 3 consecutive years of clear repayment history, w...e would revert to full doc and obtain an interest rate reduction of 1% less (we are currently obtaining an exploitative rate of 4.26%). However we understand based on a conversation with customer service that RAMS has reneged on this policy. I understand RAMS will soon be rebranded as Westpac. The sooner that happens, the better.
Would not recommend!!
Already had a Home Loan with them and went for a loan increase to pay out a credit card.
Found out that the franchise we used was no longer and got the Docs from Rams (December). Filled out and got told we needed to go through the local Franchise.
Needed to fill out more paperwork and send more docs through. Rang Feb only to find out local guys had not even sent through. Got told all was OK and they would reply within the week.
After a month of more docs to send through we still heard nothing. Rang to follow up and got told we could n...ot get the increase due to a business we had years ago. So after a 4 month wait, a check on our credit file, and no increase after being told multiple times that all was great, the only thing they offered was a reduced interest rate to their current 2.74%. Would strongly avoid due to the poor customer service from the Franchise and Rams themselves as a current customer. Read the reviews ALOT of customers have had the same experience.
Had two brokers through the process of getting a home loan, completely useless went to Bankwest and all done in 4 days approved.
I would not recomend Rams to anyone. Unless they want to waste time.
Worst experience ever!
We got a home loan through Rams in 2018. Once we added the construction part to it they were completely hopeless and extremely unprofessional.
As we went to settle on our new home they advised us of an almost $25,000 shortfall. Money we also paid for our driveway and landscaping had “disappeared”.
They can give no explanation as to how this happened.
We had to come up with additional funds as Rams would do nothing to help us.
We have gotten lawyers involved and now going to court and making complaints to the Australian financial complaints.
The lack of care and empathy showed from RAMS is absolutely disgusting.
We can’t even get a phone call returned.
I’d strongly recommend never banking with RAMS.
Lack of customer service!
Recently I had really bad experience with this company. I am their long term customer. Their customer service team is lack of responsibility nowadays. They are Not helpful even I have submitted an URGENT request. They are trying to delay my HL request and keep the high interest rate! Find another home loan lender if you can. Stay away from RAMS!
Cancelling home and contents insurance
Home and contents insurance was good to begin with, but when the insurance was up for renewal I got a better deal elsewhere, so I rang Rams to cancel which they said they cancelled. 3 Months later still taking money out monthly despite insurance being cancelled.
Questions & Answers
When I try to move/transfer money online from my account for three days I have the message "We weren't able to load this page. Refresh". Is this happening to me only? or is this a Rams online problem?
Do you do landlord insurance in HOme Hill 4806
Why does RAMS take 24 to 48 hours to send out a statement? My bank Commonwealth does it immediatly. RAMS wants me to save with them but cannot act like a savings bank.
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