- Report: #1124450
Report - Rebuttal - Arbitrate
Complaint Review: Funding Edge
Funding Edge Leon Hubbard all in Boern, Tx 78006 Mortgage fraud and deception Boerne Texas
*Consumer Comment: Great Company (FundingEdge)
*UPDATE Employee ..inside information: Property Value did NOT support the Loan Amount Requested
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Funding Edge advertizes to have guranteed funding low amount of documentation. None of this is true. First you must pay large up front fee. Then you will be over run with the amount of documentation needed.
They have no money to loan themselves but they make it sound that everything is possible and no loan is a big deal. however they will not do a thing until you wire transfer money into their bank account.
At the pointo they have your money you will be given an unbeleivable laundry list of things to do. The low docs claim could not be further from the truth.
When they find someone they will be looking for someone who also will want an up front fee of which I have to assume they get a portion.
Assuming they provide an offer for funding the interest will be in the teen's with a huge amount of points and maybe a 1 year loan.
Stay away from these bottom feeders.
This report was posted on Ripoff Report on 02/18/2014 10:58 AM and is a permanent record located here: http://www.ripoffreport.com/r/Funding-Edge/Boerne-Texas-78006/Funding-Edge-Leon-Hubbard-all-in-Boern-Tx-78006-Mortgage-fraud-and-deception-Boerne-Texa-1124450. 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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