ED Magedson – Founder
quicken loans Worst experience ever. Did not honor in any way their commitment letter. added extra costs at closing Detroit Nationwide
Quicken loans promised a 3.25% rate on a $410,000 loan at $0 closing costs. due to their numerous errors in processing the loan, they wanted to raise the rate to 3 3/8%, lower the principal to $340,000 and charge me $1000 for the loan. Much of this was buried in the HUD. They flat out lied on the phone and could not care less about the mistakes they made and their impact. They were awful. worst experience ever. they have ZERO integrity and should be fined for shoddy business practices.
This report was posted on Ripoff Report on 08/14/2014 02:00 PM and is a permanent record located here: http://www.ripoffreport.com/reports/quicken-loans/nationwide/quicken-loans-worst-experience-ever-did-not-honor-in-any-way-their-commitment-letter-ad-1169856. 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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