• Report: #994408

Complaint Review: loan Depot

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  • Submitted: Thu, January 10, 2013
  • Updated: Thu, January 10, 2013

  • Reported By: massanuttenmt — Harrisonburg Virginia United States of America
loan Depot
26642 Towne Center Drive Foothill Ranch, California United States of America

loan Depot Buyer beware Foothill Ranch, California

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Applied to refinance.

 

Fees collected up front, red flag #1(nov 2012). Lots of calls at first, none after fees collected, red flag #2. Attempts to contact them unanswered, red flag #3.



Received explanation(?) on 01-09-2013, form letter, one page, status, "value or type of collateral not sufficient". Completely bogus explanation. We own two homes, have assets over 1/2 million in retirement accounts, etc.



Please, stay away from this type of company. They are dishonest, can't say it any better than that.



You have been warned.



Willing to discuss our experience.



Good luck.


This report was posted on Ripoff Report on 01/10/2013 06:55 AM and is a permanent record located here: http://www.ripoffreport.com/r/loan-Depot/Foothill-Ranch-California-92610/loan-Depot-Buyer-beware-Foothill-Ranch-California-994408. 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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