Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #1146373

Complaint Review: Union Bank - santa monica California

  • Submitted:
  • Updated:
  • Reported By: Paul — santa monica California
  • Author Not Confirmed What's this?
  • Why?
  • Union Bank 2001 Wilshire Blvd santa monica, California USA

Union Bank Dan Cobb Deceptive loan practices to collect nonrefundable 'fees' santa monica California

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

This bank and this loan officer, after submitting all my materials, and after telling me that all my figures are good and everything lines up and I am approved for a mortgage refinance, tells me that I just need to accept the one time non-refundable fee.  I tell him that I've heard this before and that I know that my situation and my loan are difficult, so before I agree to the fee, I need a 100% assurance that I'm approved.  He says, "oh, no problem we have the easiest approval process and ratios on the biz."  Once again, I say that I will not approve this 'fee' unless I am 100% guaranteed that I have been approved and I will be closing a loan within 30 days.  He says, 'Oh, you're a slam dunk, you're totally approved."  I must add that before this he and another loan officer in another office called me repeatedly for days to submit this fee so we can go on.  Then after I agreed, after he guranteed me I'll have a loan, I suddenly didn't hear from him, or anyone.. for days... for weeks...  All of a sudden...silence!   Then I wonder what's happening, so I send him an email.  He tells me it's not looking good.  I didn't pass for a loan.  What??  Was he going to tell me?  He just disappeared. Got his fee and disappeared.  Nothing changed at all with my circumstances or the info I gave him. Just that all of a sudden, I don't have a loan...after they told me I did...and collected this ridiculous fee from me!!!   Completely deceptive and fraudulent.  We had an agreement, Dan.  And you lied to me, so give me my fee back, or I won't waste your time in court over this.  It doesn't bother me to do so.  I'd enjoy it.  It's not about the $495. It's about your deceptive practices.  Collect this fee more than a few times a week and it adds a nice profit to the loans your bank can't give out anyway.  

This report was posted on Ripoff Report on 05/13/2014 02:40 PM and is a permanent record located here: https://www.ripoffreport.com/reports/union-bank/santa-monica-california/union-bank-dan-cobb-deceptive-loan-practices-to-collect-nonrefundable-fees-santa-monica-1146373. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now