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Answers (15)
- Ice L.
- Contributions:11285
- Adrian Tridel, "Adrian Tridel"
- Contributions:5
Honestly bigger agency's like weichert, will have there own people who will give you free no commitment advice and tell you what you can afford.
IMHO... NON-REFUNDABLE upfront fees amount to a Loan Screwup Insurance Policy
If the Lender screws up the loan or pulls a swithcheroo on rates down the road and the borrower bails to another lender, then they at least get their fee.
If the Lender is confident in the rates, fees and level of service they intend on providing... then why would they insist on requiring a non-refundable fee up front???
If the Lender screws up the loan or pulls a swithcheroo on rates down the road and the borrower bails to another lender, then they at least get their fee.
If the Lender is confident in the rates, fees and level of service they intend on providing... then why would they insist on requiring a non-refundable fee up front???
- Doug Hutchins, "90 day rate locks"
- Contributions:721
There are plenty of good places to get financing, but like anything else...if you're buying a service based solely on "price" be prepared to be disappointed. Get a good rate from a good company. Don't try to think you can get "the best deal of the century".
- David Nezri, "Direct Lender"
- Contributions:265
Quicken = quick to get ripped off.
- Robert Benham, "FHA down to 620 OK!"
- Contributions:776
It's not a conflict of interest if we are all saying the same thing.
Call Wells Fargo, BofA, Citi, Joe Cafiero from Superior over to the right of this page, go to your neighborhood Broker where you can confront them in person with a hammer if they bait and switch you.....
These are all companies that are not mine. I have no beef with 95% of Lenders. The fact is there are some Lenders with bad ethics practices.
Why do you think companies like Ameriquest are out of business??? Because the LO's learned how to scam from their Managers! Yes,...they taught people how to scam. I know this because I know some of these LO's. The top producers were the ones who were corrupt.
Nowhere have I once promoted myself and said, "call me". So I have no dog in this race.....or is it horse in the race?..... You know what I mean.
- bamu77
- Contributions:4
No financial interest. I did my last refinance through Quicken Loans and had a good experience, that's all.
There seems to be a lot of conflicts of interests in this forum. One lender saying that another lender is no good isn't very credible.
My advice for people who are looking for a mortgage lender would be to do your research. Look the company up on the BBB, check review sites, ask friends and family for recommendations, and then make a decision based on what you've found and your gut instinct.
There seems to be a lot of conflicts of interests in this forum. One lender saying that another lender is no good isn't very credible.
My advice for people who are looking for a mortgage lender would be to do your research. Look the company up on the BBB, check review sites, ask friends and family for recommendations, and then make a decision based on what you've found and your gut instinct.
- Robert Benham, "FHA down to 620 OK!"
- Contributions:776
bamu77,
If you have a financial interest in Quicken there is no sense to argue with you. An A is not an A+. Plus this does not dismiss ALL the bad press that is readily available on the net AND the personal experience we have all have had over the past 7 years competing with Quicken.
There is no other company with a worse reputation. Name one other company that is still open with more dissaster stories and complaints...... And before you say DiTech I would call them a close 2nd. Name another....
If you have a financial interest in Quicken there is no sense to argue with you. An A is not an A+. Plus this does not dismiss ALL the bad press that is readily available on the net AND the personal experience we have all have had over the past 7 years competing with Quicken.
There is no other company with a worse reputation. Name one other company that is still open with more dissaster stories and complaints...... And before you say DiTech I would call them a close 2nd. Name another....
- Robert Benham, "FHA down to 620 OK!"
- Contributions:776
Appraisal coming in low because the LO convinced the Borrower the home will appraise for more with no factual data to back it up. They use this technique to low ball conventional quotes. I would be po'd if I told an LO my home is worth $300k and they said,..."nah,....we can get $350k!"
- Kelly Lacey, "kellylacey"
- Contributions:797
From what I understand Quicken has set into practice they will not give you any formal numbers until they have the $500 NON-REFUNDABLE deposit.
A lot of the complaints on sites like ripoffreport.com are people complaining about the appraisals coming in low so you should ignore those.
If you contact them expect high-pressure sales techniques and lot of re-directing if you have questions. They are highly focused on closing the sale.
Please note this is my own personal opinion.
A lot of the complaints on sites like ripoffreport.com are people complaining about the appraisals coming in low so you should ignore those.
If you contact them expect high-pressure sales techniques and lot of re-directing if you have questions. They are highly focused on closing the sale.
Please note this is my own personal opinion.
- Hamp Yonce, "Zilluminati"
- Contributions:3463
Quicken Loans is a meat grinder. I too have dealt with many of there casualties. Find a human being to do business with. Not a software corporation.
- Robert Benham, "FHA down to 620 OK!"
- Contributions:776
They do not have the best BBB rating either. If you do not trust ripoffreport simply Google the name and you will find too many complaints and stories.
Plus I have talked to too many people who have been burned by Quicken. They come to us to pick up the pieces and tell us their war stories.
There are a 1000 other Lenders with better reputation and prices.
- bamu77
- Contributions:4
Quizzle is a sister company of mortgage lender Quicken Loans. It's a personal finance site that helps you with things like your credit and budgeting.
Quicken Loans is a perfectly trustworthy company. All the larger mortgage companies have complaints on that Ripoff site. You should look to credible sites like the Better Business Bureau to make a decision about what company you should work with.
Quicken Loans is a perfectly trustworthy company. All the larger mortgage companies have complaints on that Ripoff site. You should look to credible sites like the Better Business Bureau to make a decision about what company you should work with.
- Robert Benham, "FHA down to 620 OK!"
- Contributions:776
quizzle.com seems to be the internet branch of Quicken loans. When I hear Quicken I hear bamboozle.
Go to ripoffreport.com and look up Quicken. See for yourself if this is a company you want to trust your most personal information and home with.
If you are here I highly recommend using one of us. We care very much about reputation. At the end of the day, you will get the same great price and much better service.
any body have experiance with quizlze.cominternate based mortgage company? need advise
thanks
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