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Report: #595812

Complaint Review: AimLoan.com - SAN DIEGO California

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  • Reported By: TESS — LEXINGTON Kentucky United States of America
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  • AimLoan.com 4121 CAMINO DEL RIO SOUTH SAN DIEGO, California United States of America

AimLoan.com AIMLOAN SCAM TO GET MORE FEES AND CLOSING COSTS SAN DIEGO, California

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Aimloan will entice you with low rates, but when it comes close to closing, they will add additional fees.  I told my husband that I felt like I had another part-time job faxing all the forms to them that they wanted.  They are on another time zone, so I would get an email at 8 or 9 p.m. with another form that they needed.  I would fax that the next day and then wouldn't hear back until 8 or 9 the next evening.  Everything was approved and then we had the appraisal.  We had just done a renovation and I had a respected agent from Soetheby's give me a valuation.  I even went $100,000 under that when I listed my home value.  The appraiser asked what I thought my home should appraise for.  He then came in over $30,000 under that figure.  I can understand the conservative approach in these economic times.  This brought us from 54% loan to value to 64%.  My problem is with the additional fees that they wanted to charge us for this.  They gave the option of paying $21,000 down at closing or paying an additional $3750 in closing costs.  We have excellent credit and even have several rental properties that are completely paid off.  I wish I had done my due diligence when researching companies.  I have wasted my valuable time and money.  I hope this helps someone not make the same mistake as me.

This report was posted on Ripoff Report on 04/23/2010 10:14 AM and is a permanent record located here: https://www.ripoffreport.com/reports/aimloancom/san-diego-california-92108/aimloancom-aimloan-scam-to-get-more-fees-and-closing-costs-san-diego-california-595812. 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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