How Peter is saving thousands towards his retirement since refinancing

"The rate I was able to get through Lendi was 3.69%. The rate I believe I was on with the major bank was 4.5%, and that was their special deal!”

Peter from Brisbane had already paid off his first home loan when he bought a townhouse with his wife. They planned to rent out until they were ready to retire.

He and his wife had been with a major bank for 30 years with their first home loan, but Peter wondered if there were better deals elsewhere.

“Our previous experience was with a major bank and that, as far as I knew, was fine but I don’t necessarily think it was fine in hindsight,” says Peter. “We had a home loan with a major bank for 30 years and we were supposedly special customers because they said they were giving us a special deal. Now I know that ‘special’ doesn’t mean that we actually were getting a great deal.”

It was during his research that Peter found Lendi. He says, “the deal I got with Lendi was far superior to what I had with a major bank. The rate I was able to get through Lendi was 3.69%. The rate I believe I was on with the major bank was 4.5% and that was their special deal.”

He was also very satisfied with the Home Loan Specialists that he dealt with. He says, “[Lendi’s] Home Loan Specialists made sure they kept me informed and advised me every step of the way.”

“God only knows how much we would have saved if I’d gone to Lendi earlier."

"The new loan I got from Lendi paid for itself within two months” says Peter. “The spare money I get from Lendi will contribute to my wife and I being able to have some nice holidays.”

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