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Report: #98227

Complaint Review: Prime Finance - Parsippany New Jersey

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  • Reported By: Parsippany New Jersey
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  • Prime Finance 1055 Parsippany Blvd' Parsippany, New Jersey U.S.A.

Prime Finance LLC rip-off! No Disclosures! Liars! Parsippany New Jersey

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I was dealing with Chip Lane, who is a loan officer at Prime Finance. He had worked on a loan saving me around $130.00 a month but putting me back 3 years in my mortgage. When I asked him for disclosures he told me that they do not send the disclosures out and that anything I had to know or have in writing he could e-mail to me.

When we were about to close the loan the rate mysteriously went up and there were "discount points," involved. No, I don't mind paying points to lower a rate, however my rate was higher than originally discussed. I decided not to go through with the loan, however a friend of mine had the same problem with another loan officer in that office. NO DISCLOSURES and LYING ABOUT POINTS. They are in for a serious fine when the Banking Dept of New Jersey finds out about this.

Mike
Parsippany, New Jersey
U.S.A.

This report was posted on Ripoff Report on 07/09/2004 09:56 AM and is a permanent record located here: https://www.ripoffreport.com/reports/prime-finance/parsippany-new-jersey-07054/prime-finance-llc-rip-off-no-disclosures-liars-parsippany-new-jersey-98227. 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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