Complaint Review: Cash Call
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.
This report was posted on Ripoff Report on 08/22/2013 10:05 AM and is a permanent record located here: http://www.ripoffreport.com/reports/cash-call/anaheim-california-92806/cash-call-cashcall-failed-to-close-home-mortgage-anaheim-california-1078096. 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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