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Report: #1339379

Complaint Review: Network Capital Funding - Nationwide

  • Submitted:
  • Updated:
  • Reported By: CAH — Westminster Maryland USA
  • Author Confirmed What's this?
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  • Network Capital Funding Nationwide USA

Network Capital Funding Network Capital Mortgage Waste of time and money! Nationwide

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 I contacted Network Capital after hearing a commercial for them on the Sean Hannity radio show. I was given the impression that they were not bound by the typical mortgage rules, so a large amount of equity might not be required. It was all garbage. Plus, it cost me $500.00 for a worthless appraisal. What' even more disturbing is that long before we ffinalized the deal, which never happened, they contacted my homeowners insurance company and changed the beneficiary to network capital. I only discovered this when my homeowners insurance company sent me a notice. In the final analysis, it cost me hundreds of dollars and and a lot of wasted time (not to mention the frustration) to achieve nothing. Complete waste and questionable business practices. If I need a mortgage in the future, I will stick with a hometown company I can trust.

This report was posted on Ripoff Report on 11/22/2016 09:34 AM and is a permanent record located here: https://www.ripoffreport.com/reports/network-capital-funding/nationwide/network-capital-funding-network-capital-mortgage-waste-of-time-and-money-nationwide-1339379. 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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