• Report: #1063899

Complaint Review: New Horizon Financial

  • Submitted: Tue, July 02, 2013
  • Updated: Tue, July 02, 2013

  • Reported By: joe — arreoy seco New Mexico
New Horizon Financial
1010 Wilshire Blvd. Los Angeles, CA 90017 El Monte, California USA

New Horizon Financial AKA William PattersonPatterson, William Furman III Did not deliver a loan loan modification , Is not 100% guarantee, Ripoff El Monte California

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I was contacted by phone to lower my mortgage payments. It sounded good. So I look up their web site and that looked convincing. So I proceeded. This is what he said.  

It was great talking with you about the loan modification option that we will get approved for you. We have many successful case studies that have helped out home owners get an affordable loan modification. We will be able to modify all mortgages, and most are subject to many Real Estate RESPA Law violations. This gives you leverage to get a fixed loan mortgage or a reduced rate.

Even if a home owner has experience any type of hardship and/or has become late on any mortgage payments; New Horizon Financial will be able to fight for them to get an ffordable loan modification. Whether you’re not late or going to be late on your mortgage payments, we will be able to get you a loan modification that will fit your current budget and help you in your current financial situation. Starting fresh is usually a help for all home owners in today’s economic crisis.

Even if you have tried to work with your current bank and have had no success. This is usually the case, since the lender is only looking out for there own best interest.  We will be able to get your loan modification expedited and processed in a timely manner with weekly updates available. We will calculate your income and financial obligations. We will compile the numbers and submit our corrected information along with the other required documents to your lender. We will get you accepted into the HAMP Program or In-House loan modification program that will save you money and your property. This will give you a comfortable mortgage payment you can afford?

Loan Details:    $774,000            2%          $2800.00  + Taxes & Ins.

                  Loan Amount     Rate     New Payment

I made the payment they requested in the amount of $1295.00. I also provided all the information that was request throughout the process.

  It went on for 10 months and at the end it did not happen.   

This report was posted on Ripoff Report on 07/02/2013 01:18 PM and is a permanent record located here: http://www.ripoffreport.com/r/New-Horizon-Financial/El-Monte-California-91733/New-Horizon-Financial-AKA-William-PattersonPatterson-William-Furman-III-Did-not-deliver-1063899. 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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