ED Magedson – Founder
Quocken Loansinternet, Select State/Province USA
Quocken Loans Low appraisal. Bait and Switch internet
I was given a 3.5 refinance rate by Quicken Loans because my credit was excellent. After all of the paperwork, the appraisal came in at 60, 000 dollars less than the latest comp. I was then told that by paying another 2, 500 to 4, 000 I could still have the same rate. Bait and switch tactic. I lost 500 dollars in this"appraisal" and would have lost more if I had continued with this company.
This report was posted on Ripoff Report on 07/25/2013 05:28 AM and is a permanent record located here: http://www.ripoffreport.com/reports/quocken-loans/internet-select-stateprovince/quocken-loans-low-appraisal-bait-and-switch-internet-1069920. 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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