• Report: #1014498

Complaint Review: Far east national bank

  • Submitted: Thu, February 14, 2013
  • Updated: Thu, February 14, 2013

  • Reported By: nickstan — fremont California United States of America
Far east national bank
977 N. Broadway, Ste. 500 los angeles, California United States of America

Far east national bank brandon hsu , fiber lo, kenneth yuan, DO NOT BORROW MONEY WITH FAR EAST NATIONAL BANK AND ESPECIALLY WITH THIS BANK los angeles, California

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We have a jumbo loan and several properties and this bank completely screwed us and we are trying to sale one of out properties they are giving us a hard time and wants a to pay off a specific note which we do not want to and what is the borrower left for example if the borrow has 6 million dollar loan on one note. what is a  person going to do if they sale it for 7 million and not get any money back due to taxes. i mean if you have 4 properties in the 6 million dollar loan or note and each previous not was at 1.5 each which total 6 million and if the person sales property at 7 million only that given parcel or property parcel should be paid off and the rest should be 5.5mill as your money. but the bank would not allow it. they want you to pay off the whole note and not invest into another property. and they also charge us in back interest when the economy fell down back three ago and they charge back interest


This report was posted on Ripoff Report on 02/14/2013 06:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Far-east-national-bank/los-angeles-California-90012/Far-east-national-bank-brandon-hsu-fiber-lo-kenneth-yuan-DO-NOT-BORROW-MONEY-WITH-FAR-1014498. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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