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Report: #1173257

Complaint Review: Angel Oak Home Loans - Atlanta Georgia

  • Submitted:
  • Updated:
  • Reported By: Real Estate Investor — Decatur Georgia
  • Author Not Confirmed What's this?
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  • Angel Oak Home Loans 3060 Peachtree Road Suite 500 Atlanta, Georgia USA

Angel Oak Home Loans Angel Oak Funding Incompetent mortgage brokers Atlanta Georgia

*REBUTTAL Individual responds: Loan

*Author of original report: Loan has been approved

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Angel Oak Funding, now called Angel Oak Home Loans: Wish I could vote for no stars. This has been the worst experience ever for a loan. Now this is an investor loan and I know it would take a bit more, but I've done this before. Pearce Spurlin and Robert Mulcahy have been very inconsistent with their stories. I'm still trying to close after starting on May 19, 2014. How could a lender who says they make investor loans not know that if you have more than 4 loans you need to go another route. I did, but he Robert Mulcahy and Pearce Spurlin both said naw don't worry we can do the loan. Well after what seemed like an endless amount of loan documentation they tell me they need to go through another investor, not telling me the very reason the loan was turned down was because I had more than 4 loans. I had to write the BBB before they would respond to me.  I think they may just be this incompetent. Now today, the Mary Ann Amistead, the Sales Associate ask me have I changed the name on the title from my llc name to my name. Well, you never asked me to do so and Pearce Spurlin told me it would be taken care of at closing. So here were are nearly 4 months later and I don't have a loan. Should I just cut my losses because now it appears they are just dragging me along because they can't close. GAREIA investors beware.

This report was posted on Ripoff Report on 08/29/2014 02:32 PM and is a permanent record located here: https://www.ripoffreport.com/reports/angel-oak-home-loans/atlanta-georgia-30030/angel-oak-home-loans-angel-oak-funding-incompetent-mortgage-brokers-atlanta-georgia-1173257. 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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REBUTTALS & REPLIES:
1Author
0Consumer
1Employee/Owner

#2 REBUTTAL Individual responds

Loan

AUTHOR: tps5127 - (USA)

POSTED: Thursday, May 05, 2016

I'm very glad the loan closed and we could finnally get the deal done.  Very hard loan with a lot of moving pieces that took longer than expected to fund.  

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#1 Author of original report

Loan has been approved

AUTHOR: Real Estate Investor - ()

POSTED: Saturday, October 04, 2014

The loan was approved and funded.  Thanks to the help of Pearce Spurlin. He was very diligent in responding and making sure the loan was funded and processed. 

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