Network Capital Funding The famous bait and switch rip off artists sam roumi and network capital funding Irvine California

I am just a random reader and do not claim to know the truth about this post as these days there are many fake posts online and you cannot trust what you read. However, I wanted to say if this is really what happened then it is the buyer's fault for not getting the rate in writing or looking over any terms and conditions that they may have signed. In any economic climate, it can be difficult to make the payments on a home mortgage. Between possible high interest rates and an unstable economy, making mortgage payments may become tougher than you ever expected. The danger in refinancing lies in ignorance. Without the right knowledge it can actually hurt you to refinance, increasing your interest rate rather than lowering it. One of the major risks of refinancing your home comes from possible penalties you may incur as a result of paying down your existing mortgage with your line of home equity credit. In most mortgage agreements there is a provision that allows the mortgage company to charge you a fee for doing this, and these fees can amount to thousands of dollars. Before finalizing the agreement for refinancing, make sure it covers the penalty and is still worthwhile. Along these same lines, there are additional fees to be aware of before refinancing. These costs include paying for an attorney to ensure you are getting the most beneficial deal possible and handle paperwork you might not feel comfortable filling out, and bank fees. To counteract or avoid entirely these bank fees, it is best to shop around or wait for low fee or free refinancing. Compared to the amount of money you may be getting from your new line of credit, but saving thousands of dollars in the long run is always worth considering.

Last January 21, 2013, I had all paperwork ready and signed for a loan approval. I received a good faith estimate, all I was waiting on was the result of the appraisal. Come time to finalize the details, I got a call from Omeed Sadat Darkeh and he told me that the rate had suddenly changed.

I was flabbergasted at the new cost, which would mean more money out of pocket. I already was up to my nose in closing cost and he then tells me that if I wanted to keep the super low rate, i would have to pay extra thousands of dollars.

truth be told, I was ripped off. Stay away from this company. AT ALL COSTS!

This is a hoax from a disgruntled employee who was terminated by Mr. Roumi.

The actual customer in this complaint has been contacted and is assisting in the removal of this report. They have already submitted a letter of denunciation.

It is known who was actually behind this bogus report as well.

We look forward to Ripoff Repots removal of this very soon.