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HBS Finance Reviews

HBS Finance
RESIDENTIAL and COMMERCIAL LOANS

Specialties:

Purchase Loan, Refinancing, Home Equity, Mortgage Planning

 
- Highly likely to recommend
04/22/2009 - solidintl
Closed refinance loan. Delthome, Torrance, CA 90503
Refinanced at good rate. Guaranteed Closing Cost saved us alot. Very responsive, honest and straightforward. I recommend getting Guaranteed Closing Cost Promotion. Thank you HBS FINANCE
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Response from HBS Finance

 

- Unlikely to recommend
06/03/2009 - mlolson
Gave me a quote on Zillow, but it did not work out. Sunland, Los Angeles, CA 91040
It seems deceiving to quote loan costs that are not what the loan will actually cost. I asked this lender to provide GFE and suddenly the closing costs were $2300 (not the $980 provided in the quote). This practice just seems wrong as borrowers should be provided with actual loan costs ---- including all third party costs! All lenders should be required to quote what a consumer will be required to pay for the loan ---- this one seemed to prefer hiding behind a third party wall.
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Response from HBS Finance on 06/04/2009
Please be advised that the quote is for our rate and fee. Our fee is $980. We never charge more than our quote. GFE includes third party fees. The third party fees were based on our volume discount pricing for YOUR BENEFIT. We informed you that you may choose YOUR OWN service providers. The TOTAL closing cost for your refinance is about $2,300 which includes our LENDER FEE ($980), TITLE, ESCROW, CREDIT, NOTARY/SIGNING, APPAISAL as well as RECRODING FEE. We also strongly believe that $2,300 for TOTAL closing cost is money saving for you. Thank you very much for contacting us for your refinance. We hope to further assist you with your refinance. Please refer to http://www.zillow.com/mortgage/help/Mortgage-Fees-And-Closing-Costs.htm for â??Understanding Mortgage Fees and Closing Costsâ?�.

 

Professional Information
Address:
HBS FINANCE
3812 SEPULVEDA BLVD SUITE 310
TORRANCE, CA  90505
Office:
(310) 356-6500Click to view
 
Fax:
(310) 424-2979Click to view
 
Click to view
Websites:
Website
 
Screen name:
HBS Finance
Member since:
02/03/2009
NMLS #:
N/A