Complaint Review: QUICKEN LOANS - Nationwide
- QUICKEN LOANS QUICEKNLOANS.COM Nationwide U.S.A.
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- Category: Mortgage Companies
QUICKEN LOANS ripoff deceptive company Internet
*UPDATE EX-employee responds: QUICKEN LOANS ripoff deceptive company Internet
Quicken Loans is on the Forbes list of companies with the best customer service. They take the $500.00 application fee from you asuuring you that you qualify for the loan, but the loan never goes through primarily because they and their appraisers under appraise the value of your home.
You not only waste time because they do not return calls, you are out of $500.00. Borrowers Beware!!!
shay
mableton, Georgia
U.S.A.
This report was posted on Ripoff Report on 08/12/2003 09:26 AM and is a permanent record located here: https://www.ripoffreport.com/reports/quicken-loans/nationwide/quicken-loans-ripoff-deceptive-company-internet-65618. 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
QUICKEN LOANS ripoff deceptive company Internet
AUTHOR: Kary - (U.S.A.)
SUBMITTED: Thursday, November 04, 2004
Shay Shay Shay,
Lets really think about what you are saying. First of all, yes, Quicken Loans made not only the Forbes list of best place to get a mortgage, but also money mag, and P.C. mag for the last three years in a row. So lets ask the question why such reputable companies would have done this? HELLO! Besides that, Quicken does not accept a $500 application fee, to make sure you are qualified for the loan, it is a $500 good faith deposit so that they can order an appraisal and do title work. Quicken Loans uses independent appraisers.
Quicken Loans does not appraise your home. If your home came in low, it is because you probably used a bias value, just because it is your house. And yes, they do return your phone calls, it is their #1 priority to give great customer service. I had great luck with them.
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