Complaint Review: QuickenLoans - cleveland Ohio
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Not Confirmed
- QuickenLoans quickenloans.com cleveland, Ohio United States of America
- Phone: 8002266308
- Web:
- Category: Real Estate Services
QuickenLoans John Talpas coereced! cleveland , Ohio
*Consumer Comment: Not closing costs
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I ran into some trouble with refinancing my home with Quicken Loans, I cancelled my contract within 3 days of the loan process due to discrepancies, I researched the money aspect which I found that it will take me 9.6 yrs to recover from the closing costs.
John Talpas told me on the phone the closing cost would be $4,636.00 but my total loan was $88,874 up by $6,200.00
I was given 24 hours to sign the documents which did not give me enough time to realize what I was getting into. So I put in a cancellation notice in writing on the 3rd day of the loan process. Now Quicken loans is refusing to refund my "Good Faith" check of $500.00
I feel they took advantage of me and coerced me into something that I did not want! I have emails to prove the push and shove to sign the papers immediately.
This report was posted on Ripoff Report on 10/21/2009 04:14 AM and is a permanent record located here: https://www.ripoffreport.com/reports/quickenloans/cleveland-ohio-44113/quickenloans-john-talpas-coereced-cleveland-ohio-512577. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
#1 Consumer Comment
Not closing costs
AUTHOR: Raven - (U.S.A.)
SUBMITTED: Wednesday, October 21, 2009
Not sticking up for Quicken or anything, but what I think may have happened is this, lenders are required to put so much into your escrow account to pay your taxes and insurance when they become due. Depending on when your loan closes, this can sometimes mean 15 months of reserves set aside for taxes and insurance. These are not "closing costs". Often, the taxes and insurance are paid after closing by the new company, therefore, causing a refund of your escrow account from the previous mortgage holder. This is standard practice for all mortgage lenders. Now, I can tell you that Quicken has a bad reputation, especially when it comes to refunding deposits.
Related Reports
08:04 PM
03:53 PM
08:05 AM
03:12 PM
11:50 AM
11:16 AM
01:30 PM
02:13 PM
04:54 PM
10:25 PM
08:47 PM
07:44 AM
12:15 PM
05:34 AM
12:14 PM
03:17 PM
07:21 AM
11:00 AM
08:28 PM
10:16 PM
12:14 PM
04:02 PM
06:46 AM
08:00 PM
New Updated Rebuttal 
Photo 
Advertisers above have met our
strict standards for business conduct.
