Foundation Mortgage Richard Malman kept had me pay for services when I was already denied a house loan. Boca Raton Florida
*Author of original report: Stop the Lies
*REBUTTAL Individual responds: the whole truth
On April 11, 2013 I went to Foundation Mortgage and spoke to Richard Malman to find out if I could get a mortgage for a house
that I found for sale. After Richard charged me for a credit report and reviewed my job history, my assets, and my bank statements and 2 years of tax returns, he told me I was qualified for a home loan. Over the next 45 days I delivered all the papers he requested and answered all his questions and re-answered most questions twice all the while he kept me assured that I was approved. A lot of additional questions needed to be answered because he failed to copy my information correctly and also said I should sell my other house through him to cover any costs and assured me it would be easier to do both sales through him. He started mixing up the paper work and causing incredible confusion and problems Somehow, he got my renters husband's cell phone number and had his appraiser calling asking him personnel questions and giving him personnel information. [continued below]....
..... Initially, my dad wanted to be on the loan like on my
house that I was selling. He assured me it would not be necessary and would be easier if dad wasn't on the loan. He wanted to close on both houses on the same day. He kept saying that we were on schedule and should close without delay after the 45 days. He charged me for an appraisal on 5-23-13 in the amount of $410.00 to my visa credit card. This amount was denied by my credit card due to
the fact that I never gave him authorization to charge it as I had just sent in my credit card payment. Then on 6-08-13 again without my authorization he charged it again for a higher amount in the amount of $520.00. I had plans to use my credit card as I was out of state traveling and was informed my credit card has reached its limit because he charged it without my authorization, again. He charged more this time as a kick-back scheme. In the beginning of July I became suspicious of his ability to process the paperwork I provided. When I asked whether he would be available on a Friday to discuss why I keep getting Stihp sheets with recurring questions that I already answered he stated "What's more important Mortgages or golf." He then told me he would be there on Friday to discuss matters further. I received a phone call Thursday stating he will be unavailable due to an important golf game. At that point I felt he was maliciously causing me to go through a lot of leg work for nothing. On 7-1-13 my title company told me that they will help me to straighten out the problems he created. Up until the very last day before the closing all paperwork with the help of the lawyer's staff we provided and answered all the questions the loan processor asked. Mimi the lawyer’s assistant said there was no reason why we should not get the loan after answering all the questions. On 7-18-2013 one day before the closing I called the title company and they told me my loan was denied. Richard Malman then called a short time afterwards and he said that my previous employers said “not nice things about me”. Then he said "it's your job history." He saw my job history on the first day when I paid for the credit check and he said I was approved for a loan. After being told I was denied for the house loan Mimi the title lawyers wife informed me that I was previously denied by a different bank Malman had used. All banks/brokers go to the government for a loan why was I not told I had already been denied more than once. He kept spreading around my money with no intention of ever getting me the loan.
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1Author 0Consumer 1Employee/Owner
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