ED Magedson – Founder
Lender Private, Naples USA
Lender Private Private Lender Private Mortgage Ripoff Naples Florida
Used online private lender website, might have been Lending Universe, to express interest in private mortgage. Was contacted by phone by Robert Wells. He sent loan application. Required $250 to process (wired). Loan agreement required $18,500 fee to proceed.
I asked for references and insisted that fee be placed in escrow to be released upon funding of mortgage at closing. He then back off and said he had been doing things this way for a long time and was sorry he could not help.
This report was posted on Ripoff Report on 06/18/2013 10:46 AM and is a permanent record located here: http://www.ripoffreport.com/reports/lender-private/naples-florida/lender-private-private-lender-private-mortgage-ripoff-naples-florida-1060026. 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.
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