Great guided service with very low rates
Great service which guided me through the process. Very low rates and very low fees, and Well tried to ensure that costs were kept low the entire way through. Compared to competitors such as tic:toc this was much easier and felt like there was a human at the end of a line.
Beware the age barrier discrimination.
I did the full application on line which is very thorough, the website said congratulations I meet the criteria and a consultant would be in touch. Great. so far so good.
The next business day I got a call saying that I was too old. Even with a constant income stream to cover the loan. Age is one of the first things asked for on the application.
A waste of time applying.
Excellent Service from Glenn Cermin
Glenn has been instrumental in our application as he has been very responsive throughout the whole process.
He has made the process a whole lot easier to understand even if everything was just done via phone calls/emails.
Friendly, efficient and responsive.
The team at Well Home Loans was friendly, efficient and responsive. As a first home buyer, they provided us with peace of mind by being very clear about the process at each step. Plus, their fixed rate product with full offset account was a rare find. I am very happy with my experience to date.
Lowest interest rate and excellent service
Well offered the lowest interest rate I could find on the internet for an investment loan, and I did a lot of research. Friends of mine paid brokers and they didn't get as good a rate. Support and service from Glenn was excellent. He is responsive, helpful, communicative and answered my many questions over the application and settlement period. The process was smooth and without stress. Highly recommend the Well team.
- Verified customer
Great result and great service with Well
Applied online to check loan options with a range of providers - Well was head and shoulders above. A comprehensive application process, Well was the only one that actually properly looked into our assets etc, rather than giving an automated response based on limited info. Service from Glenn was attentive, helpful and friendly. And the result was a really good rate, better than we had hoped. Thanks Glenn and Well.
Awesome service with a low rate. Michael Lazari is awesome.
I'm very happy with the whole process of refinancing, very smooth and efficient. Michael Lazari provided a great service and plenty of assistance through the process. He is professional, helpful and communicative. In addition, the Well Home Loan online application is impressive, special the part to work out the total living expenses. It is easy to work out the total living costs accurately by going through all questions in the application. I definitely recommend Michale Lazari and Well Home Loans to anyone who requires a home loan.
The reviewer stated that an incentive was offered for this review
Excellent rate, excellent service
I am a first-time-buyer who has just completed final approval of a home loan with Well Home Loans. Aside from the market-beating rate, the service I received from start to finish was excellent. The staff at the front-end of the process and my assigned loan advisor were generally in step with each other and were very helpful throughout the application. The website is intuitive and easy to use when accessing or uploading details related to your application. The only minor issue I noted was that the loan advisor's voicemail was always full, and he...nce our main line of communication was email, but all emails were responded to in a very timely manner so this was not an issue. I hope the service retains its excellent qualities as I start to get into the loan period.
Awesome service with a low rate. Thanks Michael Lazari couldn’t be happier!
From start to finish Michael provided us a professional and informed service.
Coming from years with one of the largest banks in Australia we were a little apprehensive to make the change but the rate couldn’t be beaten and Michael’s patience and knowledge instilled the confidence we needed.
Everything was upfront and we received everything expected with a personalised service.
Thanks Michael and thanks WELL loans.
Talk to Glenn
We had a bit of a wait to get through the first review stage which was frustrating but after that got put through to the most amazing person who was incredibly responsive and helpful answering all of our silly and nervous questions. The rate we got was very good. The fees were probably about average and this company only uses Genworth for LMI which are not super competitive but ok - hopefully, you don't need it.
Happy First Home Buyers!
Very happy with our decision to use Well Home Loans. Great low interest rate!
John was very informative throughout the application process, keeping us updated along the way.
We have already recommended to our friends.
Best homeloan experience so far!
Michael has been amazing. So glad to have left my broker, and to be guided by someone who does not receive commissions and does care. Fantastic rates, though less upfront fees would always be appreciated. I hope the after settlement experience will be as great as the pre settlement. Thank you for making the homeloan industry more transparent!
Over conservative and heartless lender
Time wasted as Well is backed by Bank Adelaide.
Both Well and Bank Adelaide are so reluctant about bonus payment and they even ask the employer to issue assurance in COVID-19, well done. The test criteria are set to turn you down with 5.5% interest and high monthly expense assumptions. In the end, you will be borrowing at less than 5 years of base salary.
Heartless lender, wouldn't recommend to anyone. Came here by word of mouth from OzBargain but clearly they do not deserve any reward and good borrowers at all. Will see how they survive in the future.
great rate and service
Glenn finished off the excellent work of others during the process. Online process is easy to use and the information provided keeps you informed as you go. Highly recommended and great interest rates.
Great interest rate and service
I did a lot of research when looking for a home loan and ended up choosing Well Home Loans due to their low interest rate and great reviews. I definitely wasn't disappointed! The only negative I can say is pre-approval took about a week longer than we were initially advised, so ensure you give yourself enough wiggle room with timing. Other than that the experience was absolutely flawless. Glenn was friendly, very quick with correspondence and incredibly helpful - there wasn't a single question I threw at him that he couldn't answer. Thank you for helping us buy our first home!
what a fantastic experience
Working with Well Home Loans is how banking and financing your mortgage should be. All the biggies have a big lesson to learn. Mick was so helpful and communicative. I knew exactly where I was every step of the way. Mick helped us understand what to expect, when it would happen and followed-up to ensure it happened that way.
Well Home Loans also offers possibly the lowest interest rates in the market with an offset account on a fixed rate home loan to boot......
When our previous loan provider was grandstanding and refusing to settle, Mick an...
- Verified customer
Amazing value, all the bells and whistles and very helpful staff
Very glad to have found Well Home Loans to help me fund my first home purchase. Glenn was very professional, easy to reach, responsive and provided me with all the needed details every step of the way. Glenn was very helpful guiding me through the process of a private treaty without a real estate agent. The interest rates are the lowest on the market and there is no doubt I will refinance again for a second investment mortgage with Well Home Loans and recommend this professional team to others.
Great honest genuine guys that go the hard hard. Highly recommended
I had contacted them in April and got refinanced in June. Throughout the process the front office and Michael L have been a delight to deal with.
The company is honest and treat you like a Pierson rather than just another customer.
Great customer service
Simple application process. Stress free and great customer service especially from Glenn.
I would thoroughly recommend Well Home Loans.
Was a pleasure doing business.
We have a fantastic interest rate of 2.09% for the next three years.
Questions & Answers
Hello. My husband and I are first home buyers and looking to buy a house to live in. We have 93,000 deposit and loooking into a house around 610,000. Since we don't have 20%, how much interest rate can we have and also would like to know how much LMI are we to expect.. thanks
Well HQ.Well Home Loans
Hi there dane,
Nice work saving up for your deposit and it's always exciting looking for your first home! We have different rates for both Fixed rate loans and Variable rate loans and you can see those on our website (https://www.wellhomeloans.com.au/home-loans/buying-a-house/). We do have different rates based on your LVR (if you're not sure what this is - learn more here: https://bit.ly/2JGtML8) and that will determine what sort of rate you could be eligible for. When needing to get an LMI quote, this is something that's best done with the help of our home loan consultants as it's usually based on your loan amount - give them a call on 1300 899 724 or drop an email to firstname.lastname@example.org and they will be able to help.
Hi dear Well Home Loans team,
My wife and I intend to build our first home next year, with a holding deposit paid for a block of land that will title early in 2021. As we will not have a full 20% deposit, my family who own a home offered to serve as guarantors to help us avoid paying the LMI. Can we apply for a loan with a guarantor?
Thank you in advance for your response,
Well HQ.Well Home Loans
Hi Damir36, congrats on the first home! It's nice that your family is able to help you out as well in order to avoid the LMI costs. The type of loan you're looking for is a normally referred to as a family guarantee loan and unfortunately we don't provide those. To double up, we also don't have construction loan products available at the moment. We're not too sure who would be a good lender so we would highly recommend looking for the services of a mortgage broker who can help you to find a lender that offers a construction family guarantee loan. Best of luck and we hope you find someone that's a great fit for you.
Hi, my husband and I are seniors and wishing to buy into the housing market, he is 69 and I am 62 and we lost everything in the GFC so dont have any property. Is it possible to borrow if we are this age?
Well HQ.Well Home Loans
Thanks for reaching out! Sorry to hear about your troubles during the GFC, it was a pretty tough time for a lot of people. Regarding getting a home loan through Well and seeing if you're able to borrow at those stated ages, it will be best to chat with our home loan experts. With the responsible lending obligations imposed on lenders, this has become more of an issue with regards to lending near retirement age (regardless of whether someone wants to retire or not!). You can get in touch with the team on 1300 899 724 or send a message https://www.wellhomeloans.com.au/contact-us/
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