Cash Call CashCall Failed to Close Home Mortgage Anaheim California

In March 2013 we applied to CashCall to refinance our home.  They made so many errors in the loan documents we could not, in good faith, sign them.  My wife’s social security was wrong, and they showed our monthly income at more than $107,000.  We wish!

Two weeks later we had another set of documents, reasonably accurate, and we signed them and had our signatures notarized, including a Note and Deed of Trust.  They even had their name added to our homeowners insurance policy.

For reasons not clear to us, they did not close the loan within the time period permitted by their documents.

After two failed attempts, we chose not to deal with CashCall any longer.  We sought a similar loan with other lenders, but interest rates had risen and the replacement loan cost us nearly $10,000 more in interest and fees.

In addition, over a 2 month period CashCall put 3 inquiries into Experian, causing damage to our FICO scores.  I repeatedly asked them to send me a letter asking the credit reporting companies to delete those inquiries from our records, but all I received were vague “we’re working on it” answers.

Those are the facts, you can choose whether to deal with Cash Call.  Or not.