• Report: #715406

Complaint Review: River City Mortgage

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  • Submitted: Fri, April 08, 2011
  • Updated: Fri, November 11, 2011

  • Reported By: Christian Home Help — Bloomington Minnesota United States of America
River City Mortgage
5001 American Blvd, Bloomington, MN 55437 Internet United States of America

River City Mortgage A Company Run by Crooks and Thieves - True Subprime Slime Internet

*Consumer Comment: River City Mortgage, California

*REBUTTAL Owner of company: River City Mortgage & Financial Rebuttal

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If you ever consider working with or working for this company, please take my advise and run as fast as you can.  I have not met one single person from this company in a management/ownership role that actually cared about the consumer or their employees.  The only thing they care about is lining their pocket book. 
 
They got into this business during the Sub Prime days.  And boy did they ever take advantage of that.  They have always had a reputation of being the mortgage company to work for if you are "New" in the business.  Walk through one of their offices and you will notice what I am talking about.  It has the used car sales person atmosphere.  Fast talking, slick back hair, cheap suits, sitting around the coffee machine talking about how hard they just screwed their last customer. 
 
Companies like this one are the reason we are in a financial mess.  It is a perfect episode of "American Greed".
 
 
God Bless.

This report was posted on Ripoff Report on 04/08/2011 08:43 AM and is a permanent record located here: http://www.ripoffreport.com/r/River-City-Mortgage/internet/River-City-Mortgage-A-Company-Run-by-Crooks-and-Thieves-True-Subprime-Slime-Internet-715406. 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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REBUTTALS & REPLIES:
0Author 1Consumer 1Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

River City Mortgage, California

AUTHOR: Deborah - (United States of America)

Hello, I am the broker/owner of River City Mortgage in California.  We are in no way, shape or form affiliated with this company. We are not a direct lender. We get calls for this company all the time. We just filed for the dba last year and did not realize how much bad press was out about this company. I do not know the owner  or employees.  Our website address is www.rivercitymortgageloans.com  If you are in California and see the rip off report, disregard it's not Deborah or Bruce. In fact, we have been serving state employees for over 20 years. thank you,

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#2 REBUTTAL Owner of company

River City Mortgage & Financial Rebuttal

AUTHOR: Louis - (U.S.A.)

River City Mortgage & Financial has been in business since 1994, ten years before sub-prime mortgages reared its ugly head. If fact, even when sub-prime mortgage caused the mortgage industry to collapse in the 2005, sub-prime mortgages were a very small portion River City's overalll business. The owners of River City have over 100 year of combined service in the mortgage industry. River City has originated over $5 billion dollars in loans over the last seventeen years has has a 96% approval rating from its customers based on customer surveys. River City Mortgage enjoys an outstanding reputation with the communities it serves and the regulatory agencies it reports to, as well as an A+ rating with the Better Business Bureau. The employees of River City take a great deal of pride providing mortgage to its communities and these type of ANONYMOUS smears deserve to be addressed with the facts. I have no hair and spend about $450 on my suits. I doubt "God" is blessing this type cheap, dishonest commentary. Louis Olsen, President, River City Mortgage & Financial.
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