Report: #973162

Complaint Review: Quicken Loans

  • Submitted: Sat, November 24, 2012
  • Updated: Sat, November 24, 2012
  • Reported By: Mr. Darkclouds and Rain — University Place Washington United States of America
  • Quicken Loans

    Internet
    United States of America

Quicken Loans Quicken loans engages in Discrimination Internet

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I did a Internet serach using Google and Quicken Loans showed up stating they do VA mortgages. I applied for a VA mortgage. I paid for a credit score and found it to be 720. Brandon Eggleston of Quicken Loans claimed that I had too much debt. I looked at the VA criteria at another mortgage company and found the debt to income ratio maximum is 41-50 percent. I have a total debt of 405.00 every month out of 1900.00 for a debt income to ratio 21 percent. The Loan Officer is Brad Eggleston of Detroit, Michigan. I was attempting to apply for a Condominium with my payments between 600-700.00 a month with a 70-80 k mortgage. Brad Eggleston asked why I wanted to leave the place I have been currently renting the past 10 years. I told him our Apartment has drugs, gangs, and prostitution with the police visiting every once or twice a week. Brad asked for documentation IRS taxes, w2's,Net profit for limited self employment, and pay stubs. He than called and gave us a offer of only 40,000.00. VA would not approve a mortgage of 40,000.00 on a condo in Washington State condition of place would require major rehab. I find it appalling Mortgage companies and banks continue to set up barrier's to home ownership on top of discrimatory practices. To remedy these problems, I place the loan officer and the company on a blacklist hint use yandex
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This report was posted on Ripoff Report on 11/24/2012 01:21 PM and is a permanent record located here: http://www.ripoffreport.com/reports/quicken-loans/internet/quicken-loans-quicken-loans-engages-in-discrimination-internet-973162. 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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