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Report: #475164

Complaint Review: Coldwell Banker Greater Valleys - San Franando Valley California

  • Submitted:
  • Updated:
  • Reported By: Canoga Park California
  • Author Confirmed What's this?
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  • Coldwell Banker Greater Valleys San Franando Valley San Franando Valley, California U.S.A.

Coldwell Banker Greater Valleys FORCING MY CLIENT TO GET PRE-APPROVED WITH THEIR LENDER San Franando Valley California

*UPDATE EX-employee responds: This is a rip off company

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I am a Real Estate Broker and a Mortgage Broker. My client has been pre-approved with our Lender and has received a DU approval, has a 791 FICO score and is putting a down payment of 50% of the purchase price, but the listing agent on the property is forcing my client to get pre-approved with their Lender, Prospect mortgage or they will not accept my clients offer. Something wrong with this picture. I honestly think Prospect Mortgage is giving the listing agent a kick back which is definitely against the law and DRE should look into their work ethics. They are definitely causing my client to give out his personal information against his better judgement, only because he wants to put an offer on a property.

House calls financial group
Canoga Park, California
U.S.A.

This report was posted on Ripoff Report on 07/30/2009 10:52 PM and is a permanent record located here: https://www.ripoffreport.com/reports/coldwell-banker-greater-valleys/san-franando-valley-california/coldwell-banker-greater-valleys-forcing-my-client-to-get-pre-approved-with-their-lender-sa-475164. 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

This is a rip off company

AUTHOR: Granada Hills Agent - (USA)

POSTED: Saturday, October 10, 2009

I have had similar expeiences with this company.

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