Report: #1492824

Complaint Review: Global Capital Parnters Fund LLc - New York 274 Madison Ave Suite 901

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  • Reported By: M Willis — Wake Forest NC United States
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  • Global Capital Parnters Fund LLc New York, 274 Madison Ave Suite 901 United States

Global Capital Parnters Fund LLc Scam out of $3500.00 for LOI FEE New York 274 Madison Ave Suite 901

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They sent me an LOI in which I had to pay $3500.00 for the LOI and for them to underwrite the file, and if they did not do the loan I would get back $1500.00 of the fee a paid for the underwriting of the loan. 

A week later the sent me a Commit letter stating that the would do the loan for 1.8M , but wanted me to pay a another non-refundable fee of $18,000 of there 3% fee.  They did not underwrite the file, because in the commit.

letter is stated that would order the appraisal, but we already had a new appraisal they told us they would use,.   

Title work was done, we are set to close.  Why would they want a non refundble fee of $18,000  when we was ready to close, they wanted that fee so they would find a way of not doing the loan, But they told us upfront

about the $18,000 fee and said if we paid if and if they loan did not close we would get it back, But once the commit came over it had non-refundable in the commit.  They was really nasty to my broker and told us we could just go somewhere else.  So all in all they stold $3500.00 for a job they did not do.

Do Not Do business with Them......... Unless you Have money to Loose

Scam Company...... 


This report was posted on Ripoff Report on 03/11/2020 12:10 PM and is a permanent record located here: https://www.ripoffreport.com/report/global-capital-parnters-fund/new-york-madison-ave-suite-1492824. 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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