Texas Lending Delbert Knight Deceived and Fraudulent Company Dallas, Texas
*Author of original report: Disappointed
*Author of original report: MAKING GOOD ON THEIR PROMISES
*Author of original report: Discrimination
I recently went through Texas Lending to purchase a new home. My lending officer Delbert Knight assisted will getting a FHA loan. He stating that we qualified and was approved for a loan. He sent the commmitment letter and all the contracts were signed and we went and found a house we wanted to purchase. We thought everthing was finalized and set to move forward but that was a lie. It seemed like every time we thought they had everything to proceed with with the loan, he kept coming back over and over again request this document and that document and it seemed to never end. I was contacted by the loan proccessor, Cindy Branighan at Aspire Financial request more documents. We complied with everything they asked for and we thought surely this should be it but we were wrong again. My realtor called D. Knight to see if everything was going as planned and he stated that he and the rest of the employees at Texas Lending and Aspire decided to deny the loan. All the time myself and my realtor were in contact with D. Knight he never stated that there were any problems and he also stated that we shouldn't have a problem with having getting another loan under FHA when he was full aware that the home we are in now was an FHA. We asked him did we need to sale our current home numerous times before this process started and he stated that we didn't need to because our ratio was high.
Then he call and stated that we need to rent our current house out even though this wasn't stated in the contract so we complied with this and the loan was still denied. He withdrew $499.00 out of our account without notifying us or our realtor and now he is stating that this money is no-refundable but the contract doesn't state this. He had us to send in $1000.00 earnest money in knowing that the loan wasn't going through. This company has waisted our time and money and the realtors and sellers are out of money also.
I think this company needs to be stopped and I wouldn't recommend anyone to use this company to get a home loan without researching everything before proceeding. I've never experienced anything like this and I hope I never have to again. This company has destroyed my hopes and dreams. Something needs to be done to stop this madness as soon as possible.
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