Complaint Review: Arora Capital - Rocky Point New York
- Arora Capital Rocky Point, New York USA
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- Category: Financial Services
Aurora Capital John Lucido Manipulated and deceived by this broker Rocky Point New York
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To all who work with this broker or so-called lender,
First and foremost he claimed he was a direct lender for a hard money purchase in which i wanted to borrow 50%LTV on a multi-family duplex. After charging me a due diligence fee of $7200 he shopped the deal for an additional 2 months before finally admitting he couldnt fund it. I then referred him to someone who I heard could get the deal closed. John then began working with the other lender to get the deal closed. To my dismay he charged me an additional 4 points outside of the closing and claimed that the lender wouldnt allow him to get paid on the deal. Well at least I was able to close it and get funded to finish my product. For anyone who has the unfortunate pleasure of working with this broker claiming to be a lender run!!!! as far away and as fast as you can.
This report was posted on Ripoff Report on 04/02/2015 01:18 PM and is a permanent record located here: https://www.ripoffreport.com/reports/arora-capital/rocky-point-new-york/aurora-capital-john-lucido-manipulated-and-deceived-by-this-broker-rocky-point-new-york-1219996. 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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