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Report: #414117

Complaint Review: Veritus Funding - San Diego California

  • Submitted:
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  • Reported By: Escondido California
  • Author Confirmed What's this?
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  • Veritus Funding 6050 Santo Road, Suite 200 San Diego, California U.S.A.

Veritus Funding Veritus funding is a SCAM! San Diego California

*UPDATE EX-employee responds: All of the claims against VERITUS are TRUE!!

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Veritus Funding is a crooked corporation. I concur with the statements previously given by others.
A veritus agent came to my door on Dec 19th 2008 and presented a home re-finance package that was fantastic! It took him quite a while to get it together and I just figured he was very new to this job. We set a date for another meeting on Dec 21st.

We met and began signing the standard papers. After he left we went over the numbers on the good faith estimate and found discrepancies. I had a difficult time convincing him of the mathematical error but finally did. The following day he brought over a corrected good faith estimate. It too had errors. By this time I was suspicious and began researching Veritus Funding.

I contacted Wells Fargo (my bank), and gave them the details of the pending contract. They told me what was being attempted was legally impossible on my VA loan and gave me the references. I told them to "flag" the name Veritus Funding and honor no business with them in any of my accounts.
I contacted my other bank via web and ordered a stop payment on a large check I had written them. I called the Veritus agent and told him all business is cancelled between us. The guy apologized for his shortcomings and said all processing will stop. That all took place before Christmas. On January 7th, they tried to cash the check. I got away with only a $20.00 stop payment fee. You may not be so lucky. DO NOT DO BUSINESS WITH VERITUS FUNDING.

Britt
Escondido, California
U.S.A.

This report was posted on Ripoff Report on 01/20/2009 02:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/veritus-funding/san-diego-california-92124/veritus-funding-veritus-funding-is-a-scam-san-diego-california-414117. 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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#1 UPDATE EX-employee responds

All of the claims against VERITUS are TRUE!!

AUTHOR: Scammedbyveritus - (U.S.A.)

POSTED: Sunday, March 22, 2009

First and foremost, do not ever work or do business with Veritus Funding aka Golden Valley Lending group!!! They will scam you out of money for loan modifications and loans. I personally worked for them and saw the horrible things they did! I closed a $300,000 VA refinance and they paid me $50!! It should be very easy to see that they treat their employees horribly with the HIGH RATE of turnover. Ever word that comes out of Brent and Mark's mouth is a LIE. Katie, their processor, is the worst in the business and is part of the scam. She doesn't even work on some cases and just cashes the checks. They claim to do hundreds of modifications a month but for some reason only have a handful of examples....something look wrong there?

Brent is ridiculous. He just "trains" every day to feed his ego and teaches you to write do a presentation on a folder, very professional.

Mark is a professional scam artist. You will not get paid what you expect. You won't even be able to pay for the gas you use while driving to their appointments.

The 4 step process for Loan Modifications is a joke, carefully read the descriptions! YOU WILL NEVER GET ANY MONEY BACK!!

They should be expecting a class action lawsuit soon.

STAY AWAY FROM THESE DEAD BEATS!

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