Complaint Review: Secured Funding Corporation - Costa Mesa California
- Secured Funding Corporation 2955 Redhill Avenue Costa Mesa, California U.S.A.
- Phone: 877-468-4221
- Web:
- Category: Loans
Secured Funding Corporation Too Good to be True Home Equity Loan, RIPOFF! Costa Mesa California
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We contacted Secured Funding to get a Home Equity Loan to pay off some bills and lower our monthly expenses. We told them we needed a 15-year, fixed interest rate loan, with a low monthly payment. After all was said and done, we ended up with a 15-year, variable interest rate, payments on interest only, balloon payment at the end loan.
All of the required documents were not seen or signed by us. All requests for these documents have not been sent. We did not know at the time of signing the documents about the balloon payment or that the payment quoted was for interest only. When questioned about certain items, Secured Funding had all the right answers. We were also charged $522.50 for recording services that were never done.
Barbara
Baltimore, Maryland
U.S.A.
This report was posted on Ripoff Report on 06/21/2005 10:38 AM and is a permanent record located here: https://www.ripoffreport.com/reports/secured-funding-corporation/costa-mesa-california-92626/secured-funding-corporation-too-good-to-be-true-home-equity-loan-ripoff-costa-mesa-calif-146935. 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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