Dishonest haphazard lending at its best; or should I say worst? Convenient deception throughout the entire loan process. >>>>
Recently, I got involved w/ this train-wreck of a company, after one of their [MLOs] directed me to his profile page. I stayed as patient as possible during our preliminary conversation, while he went through his smarmy, non-incendiary responses to the tired, overused questions I'm sure he must get on a daily basis. All in all, he did an adequate job moving my loan forward; that's when the nightmare began. >>>>
A full month went by before an appraiser was contacted; I live in TX and wasn't informed about the necessity of a survey until roughly the sixth week, when pressed for answers about cost/time parameters, the response was always along the lines of, ""We don't know what we don't know."">>>>
I was then told I would need to payoff my truck w/ the proceeds of the loan in order to get the debt-to-income [DTI] ratios in line. This, as it turns out, was not necessary - they fiddled w/ the closing costs a bit and made it work. Well, why not do this to begin with?? >>>>
Despite how dangerous and negative the forces of the ""To Big to Fail"" banks on our nation, I think the lack of accountability and mediocrity that seems to plague our financial institutions is far worse, as the inept hive-mind (inclusion) which has undermined their core will remain prevalent long after the recession abates.>>>>
By the way, I also call FRAUD on the positive reviews you see on this page. Take a look, they were all posted on the same date, all are short and sweet (no details) as if the reviewers involved did a quick run through in order to bring their rating up.>>>>
Consumer/Homeowner BEWARE!
Pros: diddly squat, nada, goose egg, hill of beans
Cons: problematic processing, incompetent, amateurish
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