• Report: #347289

Complaint Review: NVR Mortgage - Ryan Homes

  • Submitted: Thu, July 03, 2008
  • Updated: Thu, July 03, 2008

  • Reported By:Liverpool New York
NVR Mortgage - Ryan Homes
http://www.nvrmortgage.com/ Syracuse, New York U.S.A.

NVR Mortgage - Ryan Homes False Advertising Unwillingess to live up to advertised promises Syracuse New York

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Ryan Homes advertises that they (NVR Mortgage) offer below-market financing with their homes. This is not the case. They come no where close to market interest rates, let alone beating them.

So far, we have been happy with the quality of the construction of our new home, but are very unhappy with NVR as a mortgage lender. Even when you take away our half off in options that we would have received if we financed through NVR, our mortgage payments are still $100 less a month with an outside lender.

Beware of their ads...can't trust them. Talk about bait and switch. They are unwilling to budge. If you like the homes, go with an outside lender...shop around...even if it means giving up on your "incentives" (which is a whole other story)- RESPA violation.

Liverpool, New York

This report was posted on Ripoff Report on 07/03/2008 03:46 PM and is a permanent record located here: http://www.ripoffreport.com/r/NVR-Mortgage-Ryan-Homes/Syracuse-New-York-13090/NVR-Mortgage-Ryan-Homes-False-Advertising-Unwillingess-to-live-up-to-advertised-promise-347289. 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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