Posted on: 08th Feb, 2006 02:24 am
Hi friends,
In recent times, predatory lending has affected the mortgage industry by bringing in illegal lending practices. The inclusion of this forum is an attempt to create awareness among borrowers and common people about such practices.
Through this forum, you can share your experiences, good or bad, with mortgage companies. Your experiences will allow others to have a true picture so that they will learn to deal with lenders and companies in a better way.
You can also post your suggestions as to how one should deal with these companies to get the best services available.
Thanks
Sam
In recent times, predatory lending has affected the mortgage industry by bringing in illegal lending practices. The inclusion of this forum is an attempt to create awareness among borrowers and common people about such practices.
Through this forum, you can share your experiences, good or bad, with mortgage companies. Your experiences will allow others to have a true picture so that they will learn to deal with lenders and companies in a better way.
You can also post your suggestions as to how one should deal with these companies to get the best services available.
Thanks
Sam
I'm not sure if this is the right place to warn people, if not Mod please move to the right area.
Here's the story; This company and specifically the loan processor has taken +30 days to process my buyers loan and give them a commitment letter. The loan processor has lied numerous times, on numerous occasions. Unethical behavior and terrible customer service.
Date set to close in 12 days and these Boobs still have no answer for my buyer, in a nutshell they SUCK, run don't walk from REMN Mortgage company. :evil: :roll: :x :x :x
Here's the story; This company and specifically the loan processor has taken +30 days to process my buyers loan and give them a commitment letter. The loan processor has lied numerous times, on numerous occasions. Unethical behavior and terrible customer service.
Date set to close in 12 days and these Boobs still have no answer for my buyer, in a nutshell they SUCK, run don't walk from REMN Mortgage company. :evil: :roll: :x :x :x
thanks for looking out sara!
I was referred to company very close to where I live on long island. The company is called AMB mortgage and they did nothing but make the whole process painless. Their websit is ambmortgage.com
I was referred to company very close to where I live on long island. The company is called AMB mortgage and they did nothing but make the whole process painless. Their websit is ambmortgage.com
i am absolutely new on this forum but i found this forum really doing nice job.keep it up.
Welcome, TMT; I hope you have an opportunity to share whatever expertise you bring to the table and that you'll be edified and gratified by your involvement.
I have had the experience of working for 2 mortgage companies in the past 15 yrs, and I thought i knew a great deal about mortgages when i got there to begin with; but boy was i wrong, i have learns tons and tons about the pratices of mortgage companies and lenders that it's mind boggling. I personally saw the housing collapse before it happened in my mind with what was taking place back in the early 2000's.Having so much stored up experience has allowed me to make some wise choices when it comes to mortgages, mortgage servicing, getting great loans, getting what I want from mortgages companies and lots more, i feel like i could write atleast 3 books on the topic. I just don't know exactly where to begin because there are so many aspects of mortgage companies. I would advise any homeowner out there to always ask for what they want from their lender and more. Your mortgage company has the power to do almost anything on your mortgage loan, you have to ask, and keep asking no matter what you have heard. Another tips is that when you are buying a new home you need to ask for things and lots of them like mortgage buy downs which covers a broad area. If a builder or a borrower wants to close on selling you a home, the sky is the limit as far as what they can offer you. Always ask for the impossible, you might just get it.
Hi there,
We are a new start-up looking for help from seasoned lenders or mortgage professionals. Not sure which thread to start but hoping this is a good spot?
We want to speak to professionals regarding mortgages for foreign buyers/investors. Our site is dingow.com
Thanks!
Linda
We are a new start-up looking for help from seasoned lenders or mortgage professionals. Not sure which thread to start but hoping this is a good spot?
We want to speak to professionals regarding mortgages for foreign buyers/investors. Our site is dingow.com
Thanks!
Linda
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