- Report: #642965
Report - Rebuttal - Arbitrate
Complaint Review: Loan Depot
Loan Depot3355 Michelson Drive,Suite 300 Irvine,CA92612-0684 Irvine, California United States of America
Loan Depot Amy Nguyen,Esther Lee Loan Depot Lying,cheatting,frauds who need to be stopped. You pay $498.00 for locking and the close don't go through.wait to the last week to tell you they need something removed off your credit. Irvine, California
*Consumer Comment: Learn to spell before you post a report
*Consumer Comment: Loan Depot has Integrity
*Consumer Comment: Similar to QUICKEN LOANS...
Loandepot, Nothing but a cheatting loan company trying to take everyone broke. Lock in rates that are rediculous and everytime you speak the prices go up. I was told by Amy Nguyen that I paid $498.00 to lock in my rate and when we went to close I get the money back. I was told if the loan did'nt close for some reason I would have to pay $350.00 for the appraisel but get the rest of the deposit back. The very first thing you do when your applying for a loan is the loan company runs your credit. Amy ran my husbands credit and said it was fine he had a 705 that was the middle score. Three weeks later Esther Lee calls and said they needed us to get equifax to remove a medical dispute for $106.00. The report said the dispute was paid in full and closed 2007. That was'nt good enough for Loandepot Esther said the dispute had to be removed I called equifax and paid them $15.95 to update and review his credit which it was removed but the company loandepot uses did'nt have the dispute removed. Now my loan is on week past the close date and the prices keep going up. At first the loan was for $218,000 but they said were going to round it off to $219,000 my appraisel came back under but loandepot said we can still do the loan. My loan right now is $208,000 so they were making $11,000 Ester said it was $7,000 to buy my rate to a 4% so they would still make $4,000 to close the loan. Now since were past the 30 days lock. Ester said its going to take my loan to $222,000 and my monthly payment would be $1,298 when I pay $1,436 now so I'd be saving $138 a month but loandepot making $14,000 for closing my loan."I DON'T THINK SO" This company has to be stopped from ripping and straight up lying to customers.
This report was posted on Ripoff Report on 09/21/2010 04:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/Loan-Depot/Irvine-California-92612-0684/Loan-Depot-Amy-NguyenEsther-Lee-Loan-Depot-Lyingcheattingfrauds-who-need-to-be-stopped-642965. 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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