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Report: #172991

Complaint Review: Alpine Lending - Eagan Minnesota

  • Submitted:
  • Updated:
  • Reported By: crystal Minnesota
  • Author Confirmed What's this?
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  • Alpine Lending 1185 Town Centre Drive Eagan, Minnesota U.S.A.

Alpine Lending Set me up for failure ripoff Eagan Minnesota

*Consumer Comment: EX EMPLOYEE

*UPDATE EX-employee responds: Good luck suing

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Greedy employee at Alpine changed my information to get me approved so he could get a fat commission check!

Read on:

I have lived in my house for 12 years. I got breast cancer and had to stop working. I was solicitated by phone from Greg Isaak at Alpine Lending in Eagan. I told him I was only receiveing disability pay of $1081 per month, he (Greg) said that wasn't a problem. He had worked there for like 5 years and he knew how to get me approved and that I really needed to get cash out to pay my creditors. He said with all my extra money (at closing), I would have no problem making any payments at all. They got like $8000, I got about $2000. And he said that since I wasn't going to be disabled forever, not to worry.

Greg said he was going to take me to the casino and do the buffet, but after I was in there signing documents, I never heard from him again. He didn't even attend the closing, so I couldn't ask him any questions.

I did not know my taxes and insurance weren't escrowed. My taxes are past due, and my homeowners insurance has lapsed. Had they been escrowed, on paper it would have showed I would have been left with $5.00 a month to live on. Had I seen that, I would have for sure walked away.

My truth in lending says my payments would be $752 They are $881. Also, this is an arm- not fixed- so my payments are going to be even higher!!!

Also, they put on my application that I made exactly $2500 per month. That wasn't true. I could never afford the $881 payment, and now I got a foreclosure letter in my mail box.

I didn't file taxes in 2004 because I had no taxable income. In 2003, my tax return says I made $16,000. I was straight up with these people and brought them in everything they asked for. Greg at Alpine said they were bigger and had more resources.

Alpine had set me up with Argent Mortgage. Argent immediately sold my loan off to Chase, and they are not willing to work with me at all.

Anyway, now I am going to lose my house. And my income is so low that I can't even get an apartment.

Argent investigated my problem and agreed there was fraud on my loan, but Alpine said "I was heading for bankruptcy anyway". I am looking for an attorney to sue Alpine.

Jennifer
crystal, Minnesota
U.S.A.

This report was posted on Ripoff Report on 01/23/2006 09:36 PM and is a permanent record located here: https://www.ripoffreport.com/reports/alpine-lending/eagan-minnesota-55123/alpine-lending-set-me-up-for-failure-ripoff-eagan-minnesota-172991. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#2 Consumer Comment

EX EMPLOYEE

AUTHOR: Victum - ()

POSTED: Saturday, March 22, 2014

 LuedtkePlease be advised, anybody, whom has been ripped off by Vance Luedtke owner of Legendary Lending, Inc. should file with the BBB and Bureau of Real Estate. This is the only way to make public his actions and the trail can be tracked.

Currently Vance Luedtke has three judgments against himself and his company Legendary,Lending, Inc. in Newport Beach CA. at the Harbor Justice Center small claims.  Vance Luedtke had hired unlicensed indenpendant contractors to quote loans using his lenders, web-site and office to establish pipe lines with he required his staff the update daily.

The California Bureau of Real Estate has been notified.  Legendary Lending, Inc. has an "F" rating with the BBB.  Currently Vance has 1-unpaid judgment against himself and his company Legendary Lending, Inc. & a second court case waiting for court findings on 3/24/2014.

Vance Luedtke can be tracked using the California Bureau of Real Estate with link to NMLS.

Vance Luedtke also used the name Barns with the Arizona Department of Motor Vehecles.

 

 

 

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#1 UPDATE EX-employee responds

Good luck suing

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

POSTED: Thursday, March 30, 2006

Alpine Lending officially shut there doors on 2-28-2006. The owner Vance Luedtke sold everything and head for the hills leaving many creditors trying to collect. He didn't pay phone bills, rents due, bills for credit reports ($50,000), title ($100,000-$300,000), not to mention all the wages he failed to pay. You would wonder where all the money went(since so many people got ripped off and that was what ALpine did, ridiculous fees!) Vance is no where to be found, he won't answer his home phone or his cell phone. My guess is he is laughing all the way to the bank!

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