Complaint Review: Loan Leaders of America, Inc. - Internet
- Loan Leaders of America, Inc. 3 Macarthur Place, Suite 650 Internet United States of America
- Phone: 888-834-1988
- Web: http://www.loanleaders.com
- Category: Loans
Loan Leaders of America, Inc. Led on for 4 months - loan not approved Internet
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This company will lead you down the golden path (this went on for 4 months), give you a "conditional" loan approval and then tell you, "we can't make it work" because part of the income you claimed cannot be used. How about telling me this up front instead of dragging it out for 4 months and putting me over $1,000 more in debt. $340 for one appraisal that was never completed, refunded 1/2 ($170), a 2nd appraisal for $340 and a 3rd appraisal fee of $150 to switch from a conventional loan (which they could not make work) to an FHA loan which they couldn't get approved either. Twice they requested information from my current mortgage company (I have 2 mortgages, as I have rental property) and got popped $30 on each both times for a "fax fee". I was furious.
Stay away from this company - they are bad news! These guys have definitely been reported to The Better Business Bureau.
This report was posted on Ripoff Report on 04/17/2011 10:44 AM and is a permanent record located here: https://www.ripoffreport.com/reports/loan-leaders-of-america-inc/internet/loan-leaders-of-america-inc-led-on-for-4-months-loan-not-approved-internet-718670. 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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