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Report: #1296750

Complaint Review: Alterra Home Loans - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Reshard — Atlanta Georgia United States of America
  • Author Confirmed What's this?
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  • Alterra Home Loans Nationwide USA

Alterra Home Loans Venta Financial Group This lender has no clue what they are doing! Las Vegas Nationwide

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Let me share my experience with this company. I applied on February 1st for a loan to purchase a house. I received a pre-approval letter on February 5th. Wrote a contract on February 6th to close on March 24th. They submitted my loan to underwriting on March 21st. This lender caused me to miss financing contingency and my closing date. I got a 7 day extension on the contract. They missed that too. The loan officer calculated my income wrong and then suggested I pay off a $40,000 car loan and then said once I pay it off, he will "see if that's fixes the issue" and so now here I am a few days before my extended closing and it's not happening and now I am out of my $1,500 deposit, $475 appraisal, and $475 inspection fee. It's too late to go to another lender. My loan sat with the local office from 2/1 to 3/21 and then with underwriting from 3/21 to 3/28. They had no idea what they were doing. None at all. Don't do business with them. This company is a joke. Them and Venta Financial Group.

This report was posted on Ripoff Report on 03/30/2016 07:27 AM and is a permanent record located here: https://www.ripoffreport.com/reports/alterra-home-loans/nationwide/alterra-home-loans-venta-financial-group-this-lender-has-no-clue-what-they-are-doing-las-1296750. 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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