Hard Money Placement Inc Marty Sweeten, Mark Stagger, Sarah Newhouse, Heather, Liar, Cheat, Steal, Fraud FRAUD, FAKE LENDERS, THIEVES, LIARS, UN-ETHICAL, CHILDISH, AVOID AT ALL COSTS, FAKES Maple Valley, Washington

This complaint was posted by a loan officer who works for company in California that prey on borrowers of Mexican decent.  They originated a deal that should have never been originated (I also suspect charged them an upfront fee) and then when our due diligence process caught it, they cried foul.  Our company is very upfront about any costs that the customer may incure and insist that the customer read and sign an agreement explaining things that shabby loan officers might not tell them.  Though we normally don’t refund the due diligence fee, we agreed in this case to refund the unused portion to the customer.  The other acusations are just ridiculous.  Anyone can post anything on any site without the verocity being checked.  HMP, Inc is a solid company that spends most of its day dividing the wheat from the chaff submitted by these pretenders. 

The owner of Hard Money Placement is Marty Sweeten.  You can see by his rebuttal that he will not put his name on the retort.  All you have to do is google his name and make the determination yourself.  He is scoffing at brokers that bring him business, that shows you his business acumen. No he is not a broker, a real estate agent, an underwriter or an investor. The so called predatory brokers preying on hispanic borrowers is ridiculous as we funded his loan less the money Marty took from him.  Marty Sweeten and Mark Stagger or Skinner are swindlers and we believe they're all the same person behind a few emails at this point. Just ask the Idaho State Attorney General.  Marty was smart enough to send an unsolicited fax to their office not knowing he would be fined $75,000.  Needing that money, who knows how much more he is willing to do.  He is afraid to address anyone on the phone and hides behind childish emails trying to diminish those whom are actually productive in this business.  There are enough problems in the mortgage industry without the Marty Sweetens of the world.  So google the name Marty Sweeten and Hard Money Placement Inc and see all the wonderful praise you will find. 

In reading this article is was startling to think that someone would actually do this and be able to get away with it.  That is to say it is true, but checked on other people's comments and if I was a gambling person would probably believe they do this.  Has anyone actually contacted the Washington State Attorney General to investigate?  As tough as the economy is and for someone to basically steal from someone, needs to be investigated and punished.  Very sad individuals if they are doing his!!!!!!!!!!!!!    

This company is a complete FRAUD. They pretend to be a money lender of hard money and make all assurances that they are. THEY ARE NOT! They are scam artists. They took an application fee from me for $1400.00 and jerked around for 45 days and finally told me that there ONE invester decided to bail out and they were closing the file. I am in the process of filing charges against this company with the sheriff's department in Washington. My loan broker has not had one call returned from these THEIVES! DO NOT DO BUSINESS WITH THESE SCAM ARTISTS!

We entered into an agreement with Equity Warehouse located at 2710 Thomas Avenue, Cheyene, Wyoming, to secure a loan for 3,000,000. We received a pre approval letter stating that they would be willing to fund our project. They then requested that we pay $5500 as a due diligences fee for their services. The due diligences contract stated that once all fees were paid and due diligences research was complete , we would close within 10 to 15 business days.

On the 27th of September, we submitted the full amount of $5500 which was requested. We also supplied all documentation which was requested. From that date to now, we have heard nothing from Equity Warehouse or any of their representatives. Several attempts have been made by us and the broker via telephone but have not been successful. Absolutely no contact has been made. This is clearly a scam conducted by Equity Warehouse. The representative who had been working with us is Anthony Chote, Fund Manager. The local broker connected to this project is Gerald W. Grimes of Grimes Consulting Group, Dallas, TX.